# LC SQUARE

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lc-square

- Industry: Electronics
- Headquarters: Hwaseong, South Korea
- Website: www.lcsquare.com
- Total disclosed funding: $13M
- Latest round: Series B (Jul 23, 2023)
- Investors on record: 7

## About

Based in Gyeonggi-do, South Korea, and founded in 2019, LC SQUARE is a producer of micro-light emitting diode interposers for clients in the display industry, such as manufacturers of televisions and wearable devices. In July 2023, LC SQUARE raised KRW 16.6 billion in series B funding from investors Eugene Investment & Securities, InterValue Partners, JL Partners, K-Run Ventures, PLUX Ventures, Samsung Venture Investment, and Time Folio Asset Management. As of July 2023, the company's CEO is Lee Hyojong.

The company's product portfolio includes Signage, TV, and Wearables under the brand KrystalVu. LC SQUARE uses micro-LED display technology powered by Laser-Induced Forward Transfemicro-LED technology. The laser-based mass transfer method enables the precise and efficient transfer of micro-LED chips, resulting in high-speed and high-precision displays with outstanding colour accuracy. The micro-LED displays feature full-colour (RGB) capabilities and incorporate Interposer Technology, where red, green, and blue micro-LEDs are seamlessly integrated on a single board. The company also offers ultra-small micro-LED applications and various interposer sizes with customizable pixel density options, catering to diverse display requirements. The micro-LED bonding technology developed by LC SQUARE employs advanced techniques such as Anisotropic Conductive Film (ACF) bonding and eutectic bonding with solder electrodes, ensuring robust and reliable connections between micro-LED chips and substrates.

LC SQUARE plans to use the July 2023 funding proceedings to scale up mass production of micro-LED displays and extend its business scope to automotive displays and the extended reality market.

## Funding rounds

- Series B, Jul 23, 2023, $13M — Samsung Venture Investment, K-Run Ventures, Time Folio Asset Management, InterValue Partners, Eugene Investment & Securities, JL Partners, Plux Ventures

## Investors

- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series B
- K-Run Ventures (https://capitalatlas.ai/funds/k-run-ventures) — Series B
- Time Folio Asset Management — Series B
- InterValue Partners (https://capitalatlas.ai/funds/intervalue-partners) — Series B
- Eugene Investment & Securities — Series B
- JL Partners (https://capitalatlas.ai/funds/jl-partners) — Series B
- Plux Ventures (https://capitalatlas.ai/funds/plux-ventures) — Series B