# Nearthlab

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

- Industry: Electronics
- Headquarters: Seoul, South Korea
- Website: www.nearthlab.com
- Total disclosed funding: $48M
- Latest round: Series D (Aug 14, 2025)
- Investors on record: 24

## About

Founded in 2015 and headquartered in Seoul, South Korea, Nearthlab, Inc. focuses on autonomous drone technology led by its CEO Jayhyuk Choi, who co-founded the company with Youngsuk Chung. In August 2025, Nearthlab, Inc. raised KRW 16 billion in series D funding from other unspecified investors. The round is part of a larger KRW 36 billion funding round.

Nearthlab is at the forefront of integrating artificial intelligence with autonomous drone technology to deliver innovative solutions across various sectors. The company’s core offerings include the AiDEN Public Safety Tailored Autonomous Drone, the KAiDEN High-speed Counter-UAS Station, and the Pro 2 Autonomous Drone designed for wind inspection. Each product serves specific end-use cases, from enhancing public safety operations with AiDEN to providing rapid-response capabilities against unauthorized drones with KAiDEN, and facilitating efficient wind power inspections with Pro 2. Their solutions cater to a diverse clientele, including first responders, defense organizations, and energy companies, primarily marketed in North America, Europe, and Asia.

Nearthlab operates on a revenue model that encompasses both direct sales and strategic partnerships, fostering a B2B framework. The company sells drone systems and associated software licenses to institutional clients like government agencies and private enterprises in the defense and energy sectors. Products such as AiDEN and KAiDEN involve one-time hardware purchases and ongoing subscription-based software analytics services, aligning with industry standards for multi-year contracts to ensure continuous support and updates.

The company aims to elevate its presence across global markets. The funding in August 2025 will be used to further enhance its technological capabilities in the defense drone industry.

## Funding rounds

- Series D, Aug 14, 2025, $12M — SBI Investment Korea, SBVA, BonAngels Venture Partners, Smilegate Investment, DSC Investment, Posco Investment, Stonebridge Ventures, Tyche Investment
- Series D, Oct 9, 2024, $13M — Korea Development Bank, Kiwoom Securities, KB Securities, Envisioning Partners
- Series C, Apr 21, 2022, $15M — SBI Investment Korea, Smilegate Investment, IMM Investment, Company K Partners, NH Investment & Securities, NAU IB Capital, K2 Investment Partners, STIC Ventures, Breeze Investment, Mirae Asset Capital
- Series B, Jul 14, 2020, $6.6M — SBI Investment Korea, Shinhan Capital, Company K Partners, FuturePlay, NAU IB Capital, E & Venture Partners, Mirae Asset Capital
- Series A, Jul 6, 2018, $2.5M — Company K Partners, Devsisters Ventures, Stonebridge Ventures
- Seed, Apr 21, 2016, $0.3M — BonAngels Venture Partners, FuturePlay

## Investors

- BonAngels Venture Partners (https://capitalatlas.ai/funds/bonangels-venture-partners) — Seed, Series D
- FuturePlay (https://capitalatlas.ai/funds/futureplay) — Seed, Series B
- Company K Partners (https://capitalatlas.ai/funds/company-k-partners) — Series A, Series B, Series C
- Devsisters Ventures (https://capitalatlas.ai/funds/devsisters-ventures) — Series A
- Stonebridge Ventures — Series A, Series D
- SBI Investment Korea (https://capitalatlas.ai/funds/sbi-investment-korea) — Series B, Series C, Series D
- Shinhan Capital (https://capitalatlas.ai/funds/shinhan-capital) — Series B
- NAU IB Capital (https://capitalatlas.ai/funds/nau-ib-capital) — Series B, Series C
- E & Venture Partners (https://capitalatlas.ai/funds/e-venture-partners-2) — Series B
- Mirae Asset Capital (https://capitalatlas.ai/funds/mirae-asset-capital) — Series B, Series C
- Smilegate Investment (https://capitalatlas.ai/funds/smilegate-investment) — Series C, Series D
- IMM Investment (https://capitalatlas.ai/funds/imm-investment) — Series C
- NH Investment & Securities (https://capitalatlas.ai/funds/nh-investment-securities) — Series C
- K2 Investment Partners (https://capitalatlas.ai/funds/k2-investment-partners) — Series C
- STIC Ventures (https://capitalatlas.ai/funds/stic-ventures) — Series C
- Breeze Investment (https://capitalatlas.ai/funds/breeze-investment) — Series C
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series D
- Kiwoom Securities — Series D
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series D
- Envisioning Partners (https://capitalatlas.ai/funds/envisioning-partners) — Series D
- SBVA (https://capitalatlas.ai/funds/sbva) — Series D
- DSC Investment (https://capitalatlas.ai/funds/dsc-investment) — Series D
- Posco Investment (https://capitalatlas.ai/funds/posco-investment) — Series D
- Tyche Investment (https://capitalatlas.ai/funds/tyche-investment) — Series D
