INGINE

Power & UtilitiesSeries BSeoul, South Koreaingine.co.kr

Latest round

Series B

Last raised

Nov 2021

Total raised

$6.1M

Investors

4

About INGINE

Based in Seoul, South Korea, and founded in 2011, INGINE Inc. operates as an energy company that provides wave power generation technology and sells electricity by constructing wave power plants. In March 2022, INGINE Inc. Yong-Jun Sung. INGINE Inc. offers wave power generation technology INWave that can be installed offshore through multi-directional recovery energy technology which extracts energy from the movement from all directions of the wave and can also obtain energy in low-depth waves. INWave is conducting research and development based on the demonstration plant installed in Jeju special self-governing province. INGINE Inc. The company is also planning to go public through an initial public offering in 2023.

Who invested in INGINE

4 investors across 2 rounds

See all investors in INGINE

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Funding rounds

  1. Series B

    Nov 30, 2021

    Amount

    $2.5M

    Investors

    Locked

  2. Series B

    May 1, 2021

    Amount

    $3.6M

    Investors

    Locked

Questions about INGINE

Who invested in INGINE?

INGINE has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has INGINE raised?

INGINE has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did INGINE last raise money?

INGINE's most recent round on record is a Series B, in Nov 2021.

What does INGINE do?

Based in Seoul, South Korea, and founded in 2011, INGINE Inc.

Where is INGINE headquartered?

INGINE is headquartered in Seoul, South Korea.

Which VCs invest in companies like INGINE?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back power & utilities companies at INGINE's stage. Their profiles are linked below.

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