# THE GOODSYSTEM

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-goodsystem

- Industry: Materials
- Headquarters: Ansan City, South Korea
- Website: www.thegsystem.co.kr/
- Total disclosed funding: $2.3M
- Latest round: Series A (Feb 14, 2023)
- Investors on record: 2

## About

Based in Gyeonggi-do, South Korea, and founded in 2016 and led by Chief Executive Officer Matthew Cho, The Good System Corp. operates as a manufacturing company providing CNG40V1, a copper-graphite composite heat-dissipation material to be used in electric vehicles. In April 2024, The Good System raised KRW 7 billion in venture funding from Timefolio Asset Management, with participation from Mirae Asset Venture Investment and BSK Investment.

The Good System Corp. produced Cu-Carbon composite heat dissipation material with a strain-balanced structure heat spreader for heat management solutions. The company’s product line includes Cu-Diamond Products, SbS Products, and CNG Products for providing specific heat dissipation needs across different applications such as high-performance base plates for semiconductor packages, catering to the demands of cutting-edge technologies like 5G mobile networks and AI systems. It leverages technologies known as Cu-Graphite Synthesis and Vertically Oriented Graphite Micro-Structure for manufacturing their products.

## Funding rounds

- Series A, Feb 14, 2023, $2.3M — Mirae Asset Venture Investment, BSK Investment

## Investors

- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Series A
- BSK Investment (https://capitalatlas.ai/funds/bsk-investment) — Series A