# P&C Solution

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/p-c-solution

- Industry: Consumer Products
- Headquarters: Seoul, South Korea
- Website: www.pncsolution.co.kr
- Total disclosed funding: $8.4M
- Latest round: Series A (Oct 8, 2021)
- Investors on record: 5

## About

Based in South Korea, P&C Solution operates as a provider of advanced industrial integration solutions, focusing on augmented and extended reality technologies to enhance educational and immersive experiences.Founded in 2015 and headquartered in Seoul, South Korea, P&C Solution specializes in industrial integration solutions. The company was established by Peter Choi, who has previously founded other enterprises. P&C Solution has conducted 4 total deals, with its most recent funding round being a Series A on October 8, 2021, during which it raised KRW 9 billion from investors including BDC Labs and Korea Development Bank. The total amount raised by the company amounts to KRW 8,998.759 million, leading to a current company valuation of KRW 51,763.194 million.P&C Solution specializes in providing advanced industrial integration solutions powered by technology and a creative approach to value creation. The company's core offerings include AI-based vision recognition and motion sensor technologies, utilized in producing AR Glasses and XR Simulators. These products serve a broad client base, including educational institutions and businesses seeking immersive experiences in Metaverse, XR, and MR. By integrating LED video and digital content, P&C Solution enhances educational exhibits, allowing students to experience interactive displays. The company actively targets global markets that are increasingly adopting augmented reality and immersive technologies.P&C Solution generates revenue through direct B2B transactions with educational institutions and corporate clients seeking specialized AR and XR solutions. The transaction structure involves partnerships and wholesale agreements tailored to client needs. With flagship products like AR Glass and integrated XR Solutions, P&C Solution meets the rising demand for immersive educational content. Revenue is primarily driven by the adoption of these technologies as essential tools for enhancing learning across various sectors.In October 2021, P&C Solution raised KRW 9 billion in Series A funding, which will be directed towards the development of its AR Glass, XR, and Metaverse technologies. The company aims to expand into new geographic markets, particularly targeting sectors that are increasingly focused on augmented reality applications. Plans for new product launches have not been detailed; however, the recent funding will support the initiatives designed to enhance their technology offerings and market reach.

## Funding rounds

- Series A, Oct 8, 2021, $7.5M — Korea Development Bank, Lindeman Asia Investment, GAIA Venture Partners, Maple Investment Partners, BDC Labs
- Seed, Feb 19, 2021, $0.9M — GAIA Venture Partners

## Investors

- GAIA Venture Partners (https://capitalatlas.ai/funds/gaia-venture-partners) — Seed, Series A
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series A
- Lindeman Asia Investment (https://capitalatlas.ai/funds/lindeman-asia-investment) — Series A
- Maple Investment Partners (https://capitalatlas.ai/funds/maple-investment-partners) — Series A
- BDC Labs — Series A