# The Wave Talk

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

- Industry: Healthcare IT
- Headquarters: Daejeon, South Korea
- Website: www.thewavetalk.com
- Latest round: Series A (Jun 28, 2018)
- Investors on record: 3

## About

Based in South Korea, The Wave Talk develops advanced water monitoring technologies, providing innovative solutions for accurate detection of water impurities using state-of-the-art sensors and AI-driven analysis.The Wave Talk, founded in 2016 in Daejeon, South Korea, specializes in water monitoring technologies. The company has not reported any significant pivots or changes in its operations. YongKeun Park is the founder of the company. As of April 2021, The Wave Talk successfully raised KRW 2 billion in a Series B funding round from SK Holdings, marking the total amount raised by the company at KRW 2 billion across 6 deals.The Wave Talk specializes in advanced water monitoring technologies, featuring flagship products like the WP-1000 and WP-4000 turbidimeters. These sensors utilize optical path amplification technology and AI-driven analysis to provide accurate real-time measurements of water quality, detecting impurities such as turbidity and pathogens. Their products are designed for various industries including municipal water treatment, industrial manufacturing, and residential applications like home water purifiers and smart faucets. The company serves a global market, catering to customers in North America, Europe, and Asia, enhancing water quality management.The Wave Talk generates revenue through direct sales of its innovative water monitoring sensors and technologies, primarily through B2B transactions with industries such as water treatment facilities. Their flagship product, the IQ-5N, is recognized as the world's first maintenance-free online turbidimeter, and individual sensors are competitively priced around USD 1,000 to facilitate integration into existing systems. The company maintains a focus on affordability while expanding partnerships to diversify its client base, which includes government agencies and private enterprises.The Wave Talk plans to leverage the KRW 2 billion raised in its Series B funding round to support the development of new products and to expand its market reach. The funding will be utilized to enhance their existing product line and to introduce new innovations aimed at improving water quality monitoring. Additionally, the company is targeting expansion into new geographic markets in Europe and Southeast Asia by the end of 2022, aiming to broaden its impact on global water quality management.

## Funding rounds

- Series A, Jun 28, 2018 — LB Investment
- Seed, Nov 1, 2016 — Bluepoint Partners, Korea Tech Incubator for Startup

## Investors

- Bluepoint Partners (https://capitalatlas.ai/funds/bluepoint-partners) — Seed
- Korea Tech Incubator for Startup — Seed
- LB Investment (https://capitalatlas.ai/funds/lb-investment) — Series A