# Optolane Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/optolane-technologies

- Industry: Medical Devices & Equipment
- Headquarters: Seongnam, South Korea
- Website: www.optolane.com
- Total disclosed funding: $34M
- Latest round: Series C (Dec 21, 2019)
- Investors on record: 11

## About

Based in Seongnam, South Korea, and founded in 2012, Optolane Technologies Inc. offers digital diagnostic kits utilizing image sensor technology to test for coronavirus, oncology, and other respiratory illnesses in patients. Additionally, the company provides a software platform that allows users to access and view test results. The company was founded by its CEO, Doyoung Lee. In July 2023, Optolane Technologies Inc. raised KRW 8.9 billion in pre-IPO funding from returning investors L&S Venture Capital and Solidus Investment. 

The company specializes in developing a diagnostic device that offers molecular and immunoassay alternatives for point-of-care testing (POCT). Its semiconductor-integrated In-Vitro Diagnostic device focuses on real-time PCR and Digital PCR by combining optical and thermal control systems. This integration enables individuals to receive disease diagnosis. The company offers a diagnostic platform for disease diagnosis and preventive home healthcare markets.

## Funding rounds

- Series C, Dec 21, 2019, $8.6M — Posco Investment, UTC Investment
- Series B, Aug 21, 2018, $11M — L&S Venture Capital, Time Folio Asset Management, Stassets Investment, DA Value Investment
- Series B, Aug 1, 2017, $8.9M — Partners Investment, Samho Green Investment, WONIK Investment Partners, L&S Venture Capital, BNH Investment, LSK Investment
- Series A, Oct 1, 2015, $5.4M — Partners Investment, Samho Green Investment, WONIK Investment Partners

## Investors

- Partners Investment (https://capitalatlas.ai/funds/partners-investment) — Series A, Series B
- Samho Green Investment (https://capitalatlas.ai/funds/samho-green-investment) — Series A, Series B
- WONIK Investment Partners (https://capitalatlas.ai/funds/wonik-investment-partners) — Series A, Series B
- L&S Venture Capital (https://capitalatlas.ai/funds/l-s-venture-capital) — Series B
- BNH Investment (https://capitalatlas.ai/funds/bnh-investment) — Series B
- LSK Investment (https://capitalatlas.ai/funds/lsk-investment) — Series B
- Time Folio Asset Management — Series B
- Stassets Investment (https://capitalatlas.ai/funds/stassets-investment) — Series B
- DA Value Investment (https://capitalatlas.ai/funds/da-value-investment) — Series B
- Posco Investment (https://capitalatlas.ai/funds/posco-investment) — Series C
- UTC Investment (https://capitalatlas.ai/funds/utc-investment) — Series C