# LionRocket

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.lionrocket.ai
- Total disclosed funding: $5.5M
- Latest round: Series A (Dec 16, 2021)
- Investors on record: 7

## About

Based in Seoul, South Korea, and founded in 2019, LionRocket Inc., a.k.a. LionRocket operates as a software company that focuses on developing speech synthesis technology-based voice engine software for sectors such as webtoon production and enterprise AI applications. In June 2024, LionRocket Inc. raised venture funding from Millennium Technology Value Partners. As of June 2024, Jeong Seung-hwan is the CEO of the company.

LionRocket offers Zenverse, an AI-powered platform for webtoon creation. Zenverse enhances productivity by automating character fixation and motion control, reducing production costs. The company also offers Pokeit, an AI-based image generation and sharing platform, enabling users to create unique images efficiently.

The company plans to use its proceeds from June 2024 funding to advance its technology and target the expansion of the global webtoon market leveraging its proprietary AI technology.

## Funding rounds

- Series A, Dec 16, 2021, $5.5M — Daesung Private Equity, ID Ventures, IBK Capital, T Investment, Harang Invest
- Seed, Nov 12, 2019 — Mashup Ventures
- Seed, Sep 1, 2019 — Mashup Ventures, Korea Tech Incubator for Startup

## Investors

- Mashup Ventures (https://capitalatlas.ai/funds/mashup-ventures) — Seed
- Korea Tech Incubator for Startup — Seed
- Daesung Private Equity (https://capitalatlas.ai/funds/daesung-private-equity) — Series A
- ID Ventures (https://capitalatlas.ai/funds/id-ventures) — Series A
- IBK Capital (https://capitalatlas.ai/funds/ibk-capital) — Series A
- T Investment (https://capitalatlas.ai/funds/t-investment) — Series A
- Harang Invest (https://capitalatlas.ai/funds/harang-invest) — Series A