# Stryx

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

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.stryx.co.kr
- Latest round: Seed (Nov 1, 2018)
- Investors on record: 2

## About

Stryx, Inc is a South Korean company focused on enhancing mobility services through advanced technologies, specifically in navigation and routing by leveraging high-definition maps.Founded in 2017 in Seoul, South Korea, Stryx, Inc specializes in mobility services. In November 2021, the company was acquired by Kakao Mobility Corp, which aims to enhance Stryx's capabilities by integrating HD map technology into its offerings. Stryx has successfully completed three deals, with a notable funding round of KRW 1,100.000 mn received from Enlight Ventures, Seoul Business Agency, and Yonsei Technology Holdings, bringing the total amount raised to KRW 1,100.000 mn.Stryx, Inc develops mobility solutions that utilize high-definition mapping technology to improve navigation and routing for users. These services are primarily targeted at enhancing the accuracy and efficiency of transportation systems, benefiting both individual users and businesses within the mobility sector.Stryx, Inc generates revenue through direct transactions involving its advanced mobility services and technologies. Specific pricing details are not disclosed, but the company focuses on providing tailored solutions for clients seeking improved navigation and routing capabilities in their operations.Following its acquisition by Kakao Mobility Corp in November 2021, Stryx will leverage the investment to enhance its mobility services further by applying HD map technology. The company is likely to expand its offerings to new markets in the Asia-Pacific region, aiming for a broader geographical reach by 2023. This funding will be instrumental in supporting the development and deployment of innovative mobility solutions.

## Funding rounds

- Seed, Nov 1, 2018 — Korea Tech Incubator for Startup, Enlight Ventures

## Investors

- Korea Tech Incubator for Startup — Seed
- Enlight Ventures (https://capitalatlas.ai/funds/enlight-ventures) — Seed