# LIVICON Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/livicon-co

- Industry: Electronics
- Headquarters: Chungju, South Korea
- Website: www.livicon.co.kr
- Total disclosed funding: $8.4M
- Latest round: Series B (Dec 9, 2017)
- Investors on record: 7

## About

LIVICON Co., Ltd., based in South Korea, specializes in the development and commercialization of innovative Photochromic Liquid Crystal Display (PDLCD) technologies for diverse applications.Founded in 2014 in Chungju, South Korea, LIVICON Co., Ltd. is focused on the manufacturing and sale of PDLCD technology. The company has successfully raised KRW 15 billion in venture funding on February 24, 2022, from various investors including Korea Development Bank and Shinhan Bank, which has supported its growth initiatives. The company does not have subsidiaries or a parent company and was established independently without any mergers or carve-outs. The CEO, Kyeong-Jin Kim, has been at the helm since the company's inception.LIVICON Co., Ltd. specializes in the manufacturing and sale of Photochromic Liquid Crystal Display (PDLCD) technology. The company's pioneering efforts led to the commercialization of the world's first photopolymerizable PDLCD, utilizing advanced Roll-to-Roll production techniques. The products enhance visual communication in sectors such as construction, transportation, advertising, and screen technologies, aiming to provide high-quality display solutions tailored for various operational environments. LIVICON's market presence spans Asia, Europe, and North America, serving both B2B clients and industries in need of advanced display technologies.LIVICON generates revenue through direct sales of its PDLCD products to business clients, including manufacturers in construction and transportation, as well as advertising firms. The company establishes partnerships with retailers and wholesalers for wider distribution. Transactions typically involve bulk purchases, with pricing tailored to meet specific client requirements, ensuring compliance with industry standards. LIVICON's flagship products are designed for high-demand applications, contributing significantly to its revenue stream from both established clients and new market entrants.Following a successful funding round on February 24, 2022, where LIVICON Co., Ltd. raised KRW 15 billion, the company plans to utilize these funds to enhance its production infrastructure, promote smart glass products, and stimulate sales growth. LIVICON is focused on introducing new PDLCD products to the market, with a strategy to expand its reach into new geographic areas, specifically targeting markets in North America and Europe by the end of 2023.

## Funding rounds

- Series B, Dec 9, 2017, $6.1M — Seoul Investment Partners, Korea Technology Finance Corporation, K-Run Ventures, Hana Securities, Lighthouse Combined Investment
- Series A, Feb 10, 2015, $2.3M — Korea Technology Finance Corporation, BSK Investment, BOK Venture Capital

## Investors

- Korea Technology Finance Corporation — Series A, Series B
- BSK Investment (https://capitalatlas.ai/funds/bsk-investment) — Series A
- BOK Venture Capital — Series A
- Seoul Investment Partners (https://capitalatlas.ai/funds/seoul-investment-partners) — Series B
- K-Run Ventures (https://capitalatlas.ai/funds/k-run-ventures) — Series B
- Hana Securities (https://capitalatlas.ai/funds/hana-securities) — Series B
- Lighthouse Combined Investment (https://capitalatlas.ai/funds/lighthouse-combined-investment) — Series B