# JM.WAVE

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jm-wave

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Seoul, South Korea
- Website: www.jmwave.co.kr
- Total disclosed funding: $2.3M
- Latest round: Series A (Feb 20, 2024)
- Investors on record: 3

## About

Based in Seoul, South Korea, and founded in 2017, JM.WAVE operates as a automobile company that focuses on designing and developing new vehicles through solutions related to EV conversion. In 2024, JM.WAVE raised KRW 1 billion in venture funding from Alois Ventures.

The company’s core business revolves around three main areas, which are electrification structural design, EV maintenance training, and PBV (special purpose vehicle) convergence and manufacturing. In addition, JM.WAVE offers other mobility solutions, including internal combustion engine removal and separation for electric vehicles.

## Funding rounds

- Series A, Feb 20, 2024, $2.3M — Kiwoom Asset Management, A-Stone Ventures
- Seed, Jun 1, 2019 — Coolidge Corner Investment

## Investors

- Coolidge Corner Investment (https://capitalatlas.ai/funds/coolidge-corner-investment) — Seed
- Kiwoom Asset Management — Series A
- A-Stone Ventures (https://capitalatlas.ai/funds/a-stone-ventures) — Series A