# LABNOSH

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

- Industry: Food
- Headquarters: Seoul, South Korea
- Website: www.labnosh.com
- Total disclosed funding: $33M
- Latest round: Series B (Sep 11, 2023)
- Investors on record: 10

## About

Founded in 2015 and based in Seoul, South Korea, Ignis Co., Ltd. doing business as Labnosh operates as a foodtech startup that develops a healthy food brand that makes protein-based snack food products. In September 2023, LABNOSH raised KRW 34.8 billion in Series B funding from SEMA Translink Investment, NICE Investment Partners, Magna Investments, and Kolon Investment. As of 2023, the company is being led by its CEO, Chanho Park. 

The firm formulates and offers energy drinks, food shakes, food bars, and liquid meals as food replacements. The firm creates grain-based snack food and beverages that contain essential carbohydrates, proteins, lipids, fiber, vitamins and minerals in the form of powder and bars. 

The company plans to use the funds raised in September 2023 to spur global expansion.

## Funding rounds

- Series B, Sep 11, 2023, $26M — Innopolis Partners, Kolon Investment, Magna Investment, SEMA Translink Investment, NICE Investment Partners, Hanwha Investment & Securities, Bilanx Investment, Mirae Asset Capital
- Series B, Jun 28, 2018, $6.3M — Mirae Asset Capital, Hyungkuk F&B Co., Ltd.
- Seed, Jun 1, 2017, $0.5M — Company K Partners

## Investors

- Company K Partners (https://capitalatlas.ai/funds/company-k-partners) — Seed
- Mirae Asset Capital (https://capitalatlas.ai/funds/mirae-asset-capital) — Series B
- Hyungkuk F&B Co., Ltd. — Series B
- Innopolis Partners (https://capitalatlas.ai/funds/innopolis-partners) — Series B
- Kolon Investment (https://capitalatlas.ai/funds/kolon-investment) — Series B
- Magna Investment (https://capitalatlas.ai/funds/magna-investment) — Series B
- SEMA Translink Investment — Series B
- NICE Investment Partners (https://capitalatlas.ai/funds/nice-investment-partners) — Series B
- Hanwha Investment & Securities (https://capitalatlas.ai/funds/hanwha-investment-securities) — Series B
- Bilanx Investment (https://capitalatlas.ai/funds/bilanx-investment) — Series B