# SM Lab

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sm-lab

- Industry: Energy Storage & Batteries
- Headquarters: Ulsan, South Korea
- Website: www.singml.com
- Total disclosed funding: $72M
- Latest round: Series C (Dec 20, 2021)
- Investors on record: 12

## About

Founded in 2018 and based in Ulsan, South Korea, SM LAB Co., Ltd. develops and manufactures secondary battery materials by utilizing anode and cathode materials. In December 2021, SM Lab raised 45 billion in series C funding from returning investors KTB Network, Murex Partners, and SV Investment, and new investors Hanyang Securities, K & Investment Partners, Korea Development Bank, KT&G Corporation, and Widwin Investment Co., Ltd.

## Funding rounds

- Series C, Dec 20, 2021, $26M — Korea Development Bank, WOORI Venture Partners, SV Investment, KT&G Corporation, Widwin Investment, Murex Partners, K & Investment Partners, Hanyang Securities
- Series B, Jun 6, 2020, $42M — Korea Investment Partners, DSC Investment, SV Investment, Widwin Investment, Murex Partners, STIC Ventures
- Series A, Sep 28, 2019, $4.2M — Korea Investment Partners, DSC Investment, Schmidt

## Investors

- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series A, Series B
- DSC Investment (https://capitalatlas.ai/funds/dsc-investment) — Series A, Series B
- Schmidt (https://capitalatlas.ai/funds/schmidt) — Series A
- SV Investment (https://capitalatlas.ai/funds/sv-investment) — Series B, Series C
- Widwin Investment (https://capitalatlas.ai/funds/widwin-investment) — Series B, Series C
- Murex Partners (https://capitalatlas.ai/funds/murex-partners) — Series B, Series C
- STIC Ventures (https://capitalatlas.ai/funds/stic-ventures) — Series B
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series C
- WOORI Venture Partners (https://capitalatlas.ai/funds/woori-venture-partners) — Series C
- KT&G Corporation — Series C
- K & Investment Partners (https://capitalatlas.ai/funds/k-investment-partners) — Series C
- Hanyang Securities — Series C