# LK CHEM Co.

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

- Industry: Chemicals
- Headquarters: Cheonan, South Korea
- Website: www.lkchem.co.kr/
- Total disclosed funding: $9.3M
- Latest round: Series B (Dec 28, 2023)
- Investors on record: 1

## About

LK CHEM Co., Ltd. specializes in high-performance chemical solutions for the semiconductor and electronics industries, providing innovative products that enhance device performance and manufacturing efficiency.Established in 2007 in Cheonan, South Korea, LK CHEM Co., Ltd. focuses on developing chemical solutions tailored for semiconductor and electronic applications. The company has successfully completed three deals, with its most recent funding round being a Series B in February 2025, raising KRW 10 billion from Samho Green Investment. Currently, LK CHEM boasts a company valuation of KRW 69.9 billion. LK Chem Corp specializes in high-performance chemical solutions, focusing primarily on semiconductor and electronic chemicals, functional additives, and specialty acrylate resins. Their core offerings address specific challenges in the electronics manufacturing sector, enhancing the efficiency and performance of semiconductor devices. The company serves a diverse clientele, including manufacturers, technology companies, and research institutions across Asia, Europe, and North America. These products are integral in applications ranging from consumer electronics to advanced industrial equipment, providing innovative solutions that enhance product reliability and performance.LK Chem Corp generates revenue through direct sales of its chemical products to business clients, including manufacturers and wholesalers in the semiconductor and electronics industries. The company operates on a B2B model, with transactions typically structured through bulk sales agreements and long-term partnerships. Pricing is negotiated based on the specifications of premium quality semiconductor chemicals and functional additives, ensuring a steady supply of essential materials tailored to clients' production needs.In February 2025, LK CHEM Co., Ltd. raised KRW 21 billion in an IPO, selling 1 million shares at KRW 21,000 each within the KRW 18,000-21,000 per share range on the KOSDAQ. The company plans to leverage this funding for the development of new products aimed at enhancing their chemical offerings in the semiconductor sector. They are targeting expansion into new markets in North America and Europe by the end of 2025, aiming to establish a stronger global presence.

## Funding rounds

- Series B, Dec 28, 2023, $7.7M — Samho Green Investment
- Series A, Jul 7, 2022, $1.6M — Samho Green Investment

## Investors

- Samho Green Investment (https://capitalatlas.ai/funds/samho-green-investment) — Series A, Series B