# Iron Device Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/iron-device

- Industry: Semiconductors
- Headquarters: Seoul, South Korea
- Website: www.irondevice.com
- Total disclosed funding: $13M
- Latest round: Series B (Jun 22, 2023)
- Investors on record: 8

## About

Based in Seoul, South Korea, and founded in 2008, Iron Device Corporation operates as a semiconductor company that manufactures analog, power, and digital mixed-signal integrated circuits for the electronics industry. The company's most recent funding took place in September 2023, when it raised KRW 211 billion in an IPO, selling 3 million shares at KRW 7,000 apiece, above the expected KRW 4,900-5,700 price range on the KOSDAQ. In April 2025, Korea Securities Finance Corporation sold 181,951 shares in Iron Device Corporation.

Iron Device Corporation is a company that manufactures mixed-signal semiconductors with a focus on voice and audio solutions. The company's focus is on providing quality audio services, and they offer a range of products such as display sound amplifiers, enhanced speaker amplifiers, headphone amplifiers, automotive audio systems, soundbars, and speakers.

Iron Device Corporation plans to utilize the capital raised in its September 2023 IPO to support operating expenses and product research and development.

## Funding rounds

- Series B, Jun 22, 2023, $9.2M — KB Investment, Industrial Bank of Korea, WONIK Investment Partners, Mirae Asset Venture Investment, Daishin Securities, Cornerstone Investment Partners, We Ventures
- Series A, Dec 29, 2021, $3.4M — Mirae Asset Venture Investment, KClavis Investment, We Ventures

## Investors

- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Series A, Series B
- KClavis Investment (https://capitalatlas.ai/funds/kclavis-investment) — Series A
- We Ventures — Series A, Series B
- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series B
- Industrial Bank of Korea — Series B
- WONIK Investment Partners (https://capitalatlas.ai/funds/wonik-investment-partners) — Series B
- Daishin Securities — Series B
- Cornerstone Investment Partners (https://capitalatlas.ai/funds/cornerstone-investment-partners) — Series B