# Gwanak Analog Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gwanak-analog-co

- Industry: Semiconductors
- Headquarters: Seoul, South Korea
- Website: www.gwanakanalog.com
- Total disclosed funding: $36M
- Latest round: Series B (Jul 12, 2024)
- Investors on record: 10

## About

Based in Seoul, South Korea, and founded in 2018, Gwanak Analog Co., Ltd, a.k.a. Gwanak Analog operates as a fabless chip company that designs, manufacturers, and supplies analog and power semiconductors such as microprocessors, analog-power management SoCs, and sensor signal chips for use in consumer electronics, industrial, and automotive markets. In July 2024, Gwanak Analog Co., Ltd raised KRW 22 billion in series B funding from returning investors Kiwoom Investment, Mirae Asset Venture Investment, GU Equity Partners, KDB Capital, and Seoul Technology Holdings. New investors Samho Green Investment, Korea Development Bank, and JB Investment also participated in this round. The round values the company at KRW 100 billion post-money.

The company provides a wide range of analog-power SoC, high-speed data conversion SoC, power management IC, general purpose analog, and power products related to smart analog and power chips for industrial, consumer, and automotive areas. Gwanak Analog is also developing voice recognition-based automotive power semiconductors based on high-performance and low-power design technology.

The company will use the funding in July 2024 to develop analog sensor products and expand its manufacturing line.

## Funding rounds

- Series B, Jul 12, 2024, $16M — Korea Development Bank, KDB Capital, Samho Green Investment, JB Investment, Mirae Asset Venture Investment, Kiwoom Investment, Seoul Technology Holdings, GU Equity Partners
- Series B, Apr 11, 2024, $15M — Company K Partners, Mirae Asset Venture Investment, GU Equity Partners
- Series A, Mar 3, 2023, $5.4M — KDB Capital, Company K Partners, Mirae Asset Venture Investment, Kiwoom Investment, GU Equity Partners
- Seed, Sep 1, 2019 — Korea Tech Incubator for Startup, Seoul Technology Holdings
- Seed, Mar 1, 2019 — Seoul Technology Holdings

## Investors

- Seoul Technology Holdings (https://capitalatlas.ai/funds/seoul-technology-holdings) — Seed, Series B
- Korea Tech Incubator for Startup — Seed
- KDB Capital (https://capitalatlas.ai/funds/kdb-capital) — Series A, Series B
- Company K Partners (https://capitalatlas.ai/funds/company-k-partners) — Series A, Series B
- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Series A, Series B
- Kiwoom Investment (https://capitalatlas.ai/funds/kiwoom-investment) — Series A, Series B
- GU Equity Partners (https://capitalatlas.ai/funds/gu-equity-partners) — Series A, Series B
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series B
- Samho Green Investment (https://capitalatlas.ai/funds/samho-green-investment) — Series B
- JB Investment (https://capitalatlas.ai/funds/jb-investment) — Series B