# Ettifos Co.

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

- Industry: Telecoms
- Headquarters: Seongnam-si, South Korea
- Website: www.ettifos.com
- Total disclosed funding: $19M
- Latest round: Series B (Oct 2, 2025)
- Investors on record: 12

## About

Based in Gyeonggi, South Korea, and founded in 2018 and led Chief Executive Officer Hojun Kim Ettifos Co. operates as a provider of communications equipment for self-driving cars such as modems. In October 2025, Ettifos Co. raised KRW 1 billion in series B funding from new investor LIG Nex1, with participation from returning investor IBK Capital. The round was part of a larger KRW 18 billion series B funding.

Ettifos Co. developed a variety of product including SIRIUS (5G-V2X sidelink platform), V2X-AIR (aftermarket safety device), V2X development kit, OBU (on-board unit), RSU (roadside unit), EDM (diagnostic monitoring tool), and many more. The company offers 5G-focused V2X communication solutions for intelligent transportation communication and connected mobility-related data services. It’s SIRIUS 5G-V2X Sidelink Platform, that enables communication between vehicles and infrastructure improving safety while travelling. 

The company will use the October 2025 funding for the mass production of semiconductors, product development and the localization of telecommunications modem semiconductors.

## Funding rounds

- Series B, Oct 2, 2025, $0.7M — IBK Capital, LIG Nex1
- Series B, Jun 30, 2025, $12M — LB Investment, SL Investment, L&S Venture Capital, Medici Investment, BNK Venture Capital, IBK Capital, STIC Ventures, Evergreen Investment Partners, Kyobo Securities, KR Ventures
- Series A, Apr 17, 2024, $5.8M — Korea Development Bank, LB Investment

## Investors

- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series A
- LB Investment (https://capitalatlas.ai/funds/lb-investment) — Series A, Series B
- SL Investment (https://capitalatlas.ai/funds/sl-investment) — Series B
- L&S Venture Capital (https://capitalatlas.ai/funds/l-s-venture-capital) — Series B
- Medici Investment (https://capitalatlas.ai/funds/medici-investment) — Series B
- BNK Venture Capital (https://capitalatlas.ai/funds/bnk-venture-capital) — Series B
- IBK Capital (https://capitalatlas.ai/funds/ibk-capital) — Series B
- STIC Ventures (https://capitalatlas.ai/funds/stic-ventures) — Series B
- Evergreen Investment Partners (https://capitalatlas.ai/funds/evergreen-investment-partners) — Series B
- Kyobo Securities (https://capitalatlas.ai/funds/kyobo-securities) — Series B
- KR Ventures (https://capitalatlas.ai/funds/kr-ventures) — Series B
- LIG Nex1 — Series B