# Preneu

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

- Industry: Aerospace
- Headquarters: Gyeonggi-do, South Korea
- Website: www.preneu.com/
- Total disclosed funding: $14M
- Latest round: Series B (Mar 21, 2024)
- Investors on record: 9

## About

Based in Gyeonggi-do, South Korea, and founded in 2017, Preneu Co. Ltd. operates as a technology company that develops and manufactures unmanned aerial vehicles from VTOL fixed-wing to helicopters and multicopters. In March 2024, Preneu Co. Ltd. raised KRW 15 billion in series B funding from new investors T Investment, Korea Investment & Securities, New Mountain Capital, and STIC Ventures. Returning investor BNK Securities also participated in the round. As of July 2022, the company is led by its CEO Jong-kyung Lee. Preneu Co. Ltd. offers drone systems such as Milvus with the VTOL function, which allows unrestricted take-off and is used for day and night surveillance/reconnaissance in vast areas such as international borders; Ruepel a compact engine-based helicopter; and Pandion a multipurpose multi-rotor drone. The company's software and convergence systems include a ground control system, datalink, and d-parts. In addition, the company offers precise agriculture services, aerial survey services, patrol/ surveillance services, and urgent supply transport service. The company plans to use series A funding to maintain its unmanned aerial vehicle technology and develop various services for user convenience with the goal of an IPO application in 2025.

## Funding rounds

- Series B, Mar 21, 2024, $11M — New Mountain Capital, Korea Investment & Securities, Hyundai Venture Investment, STIC Ventures, T Investment
- Series A, May 27, 2022, $2.4M — BNK Securities, Honest Ventures, Soo Investment Capital, K & Investment Partners

## Investors

- BNK Securities (https://capitalatlas.ai/funds/bnk-securities) — Series A
- Honest Ventures (https://capitalatlas.ai/funds/honest-ventures) — Series A
- Soo Investment Capital (https://capitalatlas.ai/funds/soo-investment-capital) — Series A
- K & Investment Partners (https://capitalatlas.ai/funds/k-investment-partners) — Series A
- New Mountain Capital (https://capitalatlas.ai/funds/new-mountain-capital) — Series B
- Korea Investment & Securities (https://capitalatlas.ai/funds/korea-investment-securities) — Series B
- Hyundai Venture Investment (https://capitalatlas.ai/funds/hyundai-venture-investment) — Series B
- STIC Ventures (https://capitalatlas.ai/funds/stic-ventures) — Series B
- T Investment (https://capitalatlas.ai/funds/t-investment) — Series B