# Lmeca Co.

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

- Industry: Medical Devices & Equipment
- Headquarters: Seoul, South Korea
- Website: www.lmeca.co.kr
- Total disclosed funding: $0.3M
- Latest round: Seed (Mar 1, 2017)
- Investors on record: 4

## About

Based in South Korea, and founded in 2014, Elmeca Co., Ltd. operates as a medical device manufacturing company. The company was founded by its CEO Kang Jeong-Gil. In 2017, the company raised USD 200 million through crowdfunding, and in the same year, Big Bang Angels invested around KRW 0.7 billion in the company.

The company's products include the AIS-1000, an automatic unmanned suction machine that enables patients and healthcare providers to remove obstructions such as mucus, saliva, blood, or other secretions from the patient with less pain and more precision than manual suction machines. Other features of the machine include sensors that measure breathing in real-time, a sputum respiration warning, an antibacterial filter, and an automatic sterilizing mechanism that allows the machine’s catheter to be reused.

## Funding rounds

- Seed, Mar 1, 2017, $0.1M — DAOL Private Equity
- Seed, Aug 1, 2016, $0.2M — Samsung Venture Investment, BigBang Angels, Korea Venture Investment Corporation

## Investors

- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Seed
- BigBang Angels (https://capitalatlas.ai/funds/bigbang-angels) — Seed
- Korea Venture Investment Corporation (https://capitalatlas.ai/funds/korea-venture-investment-corporation) — Seed
- DAOL Private Equity (https://capitalatlas.ai/funds/daol-private-equity) — Seed
