# ENlighten

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/enlighten

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.enlighten.kr
- Total disclosed funding: $29M
- Latest round: Series C (Mar 16, 2021)
- Investors on record: 9

## About

Founded in 2016 in Seoul, South Korea, Enlighten Co., Ltd operates in the energy sector, providing solutions that include power trading and demand response. The company was established by founders Björn Potgieter, Taeho Kim, and Young-ho Lee, with Young-ho Lee currently serving as CEO. Enlighten has completed a total of six deals, with its most recent funding round on January 2026, raising KRW 30 billion from Temple Hana Asset Management.

ENlighten focuses on delivering advanced energy solutions, primarily through its "Energy as a Service" offering, which aggregates diverse energy resources. Among its services are power trading, demand response, and on-site solar installations. Clients include major companies such as Samsung Electronics and KT&G, and their solutions are implemented in South Korea's industrial complexes, promoting the use of renewable energy. 

In 2024, ENlighten reported a revenue of KRW 41,920,599,170 with an EBITDA of KRW 1,570,176,079. The company's revenue model is structured around power purchase agreements (PPAs) and partnerships, facilitating direct engagement with clients in both B2B and D2C markets. 

With the recent venture funding, ENlighten plans to use the funding to build rooftop solar facilities on factories and logistic hubs. The company is also targeting expansion into new markets and regions, although specific locations have not been detailed. The additional funding will assist in supporting these strategic initiatives, underlining the commitment to elevate its operational capabilities.

## Funding rounds

- Series C, Mar 16, 2021, $19M — Korea Development Bank, Shinhan Venture Investment, Yuanta Investment, BNK Venture Capital, BSK Investment
- Series B, Oct 29, 2019, $6M — DSC Investment, IMM Investment, BNK Venture Capital, BA Partners, BSK Investment
- Series A, Mar 5, 2018, $3.5M — DSC Investment, BNK Venture Capital, BA Partners
- Seed, Dec 1, 2016, $0.1M — Tigris Investment

## Investors

- Tigris Investment (https://capitalatlas.ai/funds/tigris-investment) — Seed
- DSC Investment (https://capitalatlas.ai/funds/dsc-investment) — Series A, Series B
- BNK Venture Capital (https://capitalatlas.ai/funds/bnk-venture-capital) — Series A, Series B, Series C
- BA Partners (https://capitalatlas.ai/funds/ba-partners) — Series A, Series B
- IMM Investment (https://capitalatlas.ai/funds/imm-investment) — Series B
- BSK Investment (https://capitalatlas.ai/funds/bsk-investment) — Series B, Series C
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series C
- Shinhan Venture Investment (https://capitalatlas.ai/funds/shinhan-venture-investment) — Series C
- Yuanta Investment (https://capitalatlas.ai/funds/yuanta-investment) — Series C