# MICRO-NX Co.

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

- Industry: Medical Devices & Equipment
- Headquarters: Daegu, South Korea
- Website: www.micronx.co.kr
- Total disclosed funding: $1.3M
- Latest round: Series A (Nov 19, 2019)
- Investors on record: 2

## About

Based in South Korea, MICRO-NX Co., Ltd. operates in advanced technology solutions, focusing on enhancing operational efficiencies in diverse industries through innovative software applications and integrated platforms.Founded in 2001 and headquartered in Daegu, South Korea, MICRO-NX Co., Ltd. specializes in technological solutions that improve operational efficiency. The company raised KRW 1.5 billion in Series A funding on November 19, 2019, from AI Angel Club and Enlight Ventures, marking its first investment round. Jongkun Lee is the current CEO of the company.MICRO-NX specializes in advanced technological solutions designed to enhance operational efficiency across various industries. The company's core product offerings include software applications and integrated platforms that streamline processes, improve data analysis, and facilitate real-time communication among stakeholders. These products serve a diverse client base, including mid to large-sized enterprises in sectors such as manufacturing, logistics, and healthcare. End users benefit from increased productivity and reduced operational costs, as the solutions address issues like data fragmentation and inefficient workflow management. MICRO-NX products have been deployed in key geographical markets, including North America, Europe, and parts of Asia, ensuring a broad reach and adaptability to different industry requirements.MICRO-NX generates revenue primarily through a combination of subscription-based models and direct sales of its software solutions. In 2024, the company reported a revenue of KRW 6,127,555.60, with an EBITDA of KRW 546,381.40. Clients engage in transactions that typically involve annual or monthly subscription fees for the use of the company's software, which may include tiered pricing structures based on the level of service or number of users. In addition to subscription fees, the company may also derive revenue from consulting services and customized solution development tailored to specific client needs. The flagship products, which are instrumental in driving client engagement, are integrated into clients' operational frameworks, ensuring a steady flow of recurring revenue.MICRO-NX plans to leverage the KRW 1.5 billion raised in Series A funding to support the development of new products aimed at enhancing operational efficiencies. The company is also targeting expansion into emerging markets in Southeast Asia and South America by 2025, to broaden its geographical footprint. This strategic move is expected to capitalize on the growing demand for technological solutions in these regions. The recent funding will be utilized to accelerate product development and marketing efforts to establish a stronger presence in these new markets.

## Funding rounds

- Series A, Nov 19, 2019, $1.3M — AI Angel Club, Enlight Ventures

## Investors

- AI Angel Club — Series A
- Enlight Ventures (https://capitalatlas.ai/funds/enlight-ventures) — Series A