# SEMIFIVE

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

- Industry: Electronics
- Headquarters: Seongnam, South Korea
- Website: www.semifive.com
- Total disclosed funding: $137M
- Latest round: Series B (Feb 16, 2022)
- Investors on record: 9

## About

Founded in 2019, and based in Seongnam, South Korea, SEMIFIVE operates as a semiconductor company that designs and develops custom semiconductors. The company was founded by its CEO Brandon Cho. In February 2022, SEMIFIVE raised KRW 130 billion in series B funding from new investors BonAngels, Game Changer Investment, and Pavilion Capital. As of 2022, the company employ around 300 employees and offers its service to customers in the United States, India, Vietnam, and Korea. In March 2023, SEMIFIVE raised KRW 68 billion in venture funding from new investor Doosan Corporation, with participation from returning investor Korea Development Bank. Other Unspecified investors also participated in this round.

SEMIFIVE designs and produces custom semiconductors at a low cost and faster time to market for customers through its cloud-based SoC (system on a chip) design platform, which offers template designs that suit the customer's application and its E2E custom SoC design services.

The company will use the funding to expand its business globally, accelerate its design platform deployment, and, scale engineering teams and build up new capabilities in the areas of IP solutions.

## Funding rounds

- Series B, Feb 16, 2022, $109M — LB Investment, Korea Investment Partners, SBVA, Pavilion Capital, BonAngels Venture Partners, Mirae Asset Venture Investment, Game Changer Investment
- Series A, Jul 5, 2020, $28M — Korea Development Bank, LB Investment, Korea Investment Partners, Mirae Asset Venture Investment, NH Investment & Securities

## Investors

- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series A
- LB Investment (https://capitalatlas.ai/funds/lb-investment) — Series A, Series B
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series A, Series B
- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Series A, Series B
- NH Investment & Securities (https://capitalatlas.ai/funds/nh-investment-securities) — Series A
- SBVA (https://capitalatlas.ai/funds/sbva) — Series B
- Pavilion Capital — Series B
- BonAngels Venture Partners (https://capitalatlas.ai/funds/bonangels-venture-partners) — Series B
- Game Changer Investment (https://capitalatlas.ai/funds/game-changer-investment) — Series B