# pampam

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

- Industry: Internet
- Headquarters: Gwangju, South Korea
- Website: www.pampam.io
- Total disclosed funding: $8.4M
- Latest round: Seed (Dec 11, 2023)
- Investors on record: 4

## About

Based in Gwangju, South Korea, and founded in 2021 by CEO Hyo-Hwan Bae, Pampam Inc. offers a platform to buy and sell goods. In December 2023, Pampam Inc. raised KRW 700 million in seed funding from the Creative Economy Innovation Center, with participation from the Korea Tech Incubator for Startup, being selected for the Accelerator Investment-Driven Tech Incubator Program.


The core product of Pampam is a second-hand luxury goods trading app, Farm Farm, that offers a user-friendly interface, real-time trends, detailed product videos, and a direct trading platform. Users can buy and sell pre-owned luxury items, ensuring a sustainable and environmentally conscious approach to fashion. Users can transact with confidence, knowing that Pampam employs rigorous authentication processes to ensure the genuineness of each item.


The company plans to use the December 2023 funding to develop an innovative AI appraisal system by 2025.

## Funding rounds

- Seed, Dec 11, 2023, $0.5M — Korea Tech Incubator for Startup, Ulsan Creative Economy Innovation Center
- Series A, May 9, 2022, $7.9M — Open Water Investment, IPS Ventures
- Seed, Jan 1, 2022 — IPS Ventures

## Investors

- IPS Ventures (https://capitalatlas.ai/funds/ips-ventures) — Seed, Series A
- Open Water Investment (https://capitalatlas.ai/funds/open-water-investment) — Series A
- Korea Tech Incubator for Startup — Seed
- Ulsan Creative Economy Innovation Center (https://capitalatlas.ai/funds/ulsan-creative-economy-innovation-center) — Seed