# Plasmapp Co.

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

- Industry: Medical Devices & Equipment
- Headquarters: Daejeon, South Korea
- Website: www.plasmapp.co.kr
- Total disclosed funding: $19M
- Latest round: Series C (Jul 15, 2019)
- Investors on record: 9

## About

Plasmapp Co., Ltd. is a South Korean company specializing in plasma technology solutions that enhance efficiency across various industries, including healthcare and manufacturing.Founded in 2015 in Daejeon, South Korea, Plasmapp Co., Ltd. focuses on advanced plasma technology applications. The company has executed 11 deals, with the latest investment being LP Direct, PIPE, raising KRW 5,000.00 mn from investors Dreamtech Co., Ltd. and L&C Bio. The company raised a total of KRW 5,000.00 mn, and the recent funding round occurred on October 21, 2022. CEO Samjeong Yoon leads the organization, steering its innovative direction.Plasmapp specializes in innovative plasma technology solutions that enhance operational efficiency in sectors such as healthcare, manufacturing, and environmental management. Their products facilitate processes like sterilization and surface modification, catering to end users including hospitals and research institutions. The company's products have been deployed in markets across North America, Europe, and Asia, addressing practical industry challenges through tailored solutions.In the most recent fiscal year of 2024, Plasmapp reported a revenue of KRW 7,438,974.90 and an EBITDA of KRW -11,749,767.70, illustrating its revenue generation capabilities despite current financial challenges.Plasmapp plans to leverage its recent funding from the KRW 12.4 billion IPO in October 2022 to develop new products aimed at enhancing its market offerings. The company targets expansion into new markets, particularly within North America and Europe, by 2025 to broaden its customer base and increase market penetration.

## Funding rounds

- Series C, Jul 15, 2019, $11M — LB Investment, Samsung Venture Investment, AI Angel Club
- Series B, Jul 7, 2017, $5.2M — LB Investment, Samsung Venture Investment, Stonebridge Capital, Seoul Private Equity, Devsisters Ventures, KNet Investment Partners
- Series A, Oct 14, 2016, $0.9M — Devsisters Ventures, KNet Investment Partners
- Series A, Dec 15, 2015, $2.5M — Samsung Venture Investment, Seoul Private Equity, Stonebridge Ventures
- Seed, Jul 1, 2015, $0.1M — Bluepoint Partners

## Investors

- Bluepoint Partners (https://capitalatlas.ai/funds/bluepoint-partners) — Seed
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series A, Series B, Series C
- Seoul Private Equity (https://capitalatlas.ai/funds/seoul-private-equity) — Series A, Series B
- Stonebridge Ventures — Series A
- Devsisters Ventures (https://capitalatlas.ai/funds/devsisters-ventures) — Series A, Series B
- KNet Investment Partners (https://capitalatlas.ai/funds/knet-investment-partners) — Series A, Series B
- LB Investment (https://capitalatlas.ai/funds/lb-investment) — Series B, Series C
- Stonebridge Capital (https://capitalatlas.ai/funds/stonebridge-capital) — Series B
- AI Angel Club — Series C