# KPMI

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

- Industry: Materials
- Headquarters: Busan, South Korea
- Latest round: Seed (Apr 4, 2023)
- Investors on record: 5

## About

Founded in 2020, and based in Busan, South Korea, KPMI operates as a material manufacturing company that produces fiber lightweight composites that can be used in the defense industry. Its product improves performance by about 25% by manufacturing fibers in the form of multiaxial warp-knitted fabric. In April 2023, KPMI raised seed funding led by new investor SERIES VENTURES, with participation from other new investors Sunbo Angel Partners, Lotte Ventures, Korea Credit Guarantee Fund, and D.CAMP. Financial terms of the deal were not disclosed.

The company will use the April funding to spur full-scale production in its business.

## Funding rounds

- Seed, Apr 4, 2023 — Korea Credit Guarantee Fund, Sunbo Angel Partners, D.CAMP (inactive), Series Ventures, Lotte Ventures

## Investors

- Korea Credit Guarantee Fund — Seed
- Sunbo Angel Partners (https://capitalatlas.ai/funds/sunbo-angel-partners) — Seed
- D.CAMP (inactive) — Seed
- Series Ventures (https://capitalatlas.ai/funds/series-ventures) — Seed
- Lotte Ventures (https://capitalatlas.ai/funds/lotte-ventures) — Seed
