# TKG MCHEM Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tkg-mchem-co

- Industry: Chemicals
- Headquarters: Gyeonggi-do, South Korea
- Total disclosed funding: $36M
- Latest round: Series B (Apr 9, 2022)
- Investors on record: 10

## About

Based in South Korea, and founded in 2010, JL Chem Co., Ltd., operates as a chemical service provider for the synthesis, purification, and analysis of organic and inorganic chemical products. In October 2024, TKG Huchems Co.,Ltd. acquired a 49.69% majority stake in JL Chem Co., Ltd. from BNW Investment, K2 Investment Partners, and Industrial Bank of Korea for KRW RW 60.3 billion. As of 2024, Jeong Hoon-do acts as the CEO of the company.

The company offers chemical materials used in semiconductors, displays, rechargeable batteries, and solar cells. The company also provides reagents, fine chemicals, silane, fluorine, composite materials, synthesis, and refining services.

The acquisition will enable TKG Huchems Co.,Ltd to expand its business to materials markets such as semiconductors, displays, and secondary batteries.

## Funding rounds

- Series B, Apr 9, 2022, $28M — Industrial Bank of Korea, Seoul Investment Partners, Korea Investment Partners, Samsung Securities, Paratus Investment, BNW Investment
- Series A, Nov 30, 2020, $7.1M — Korea Investment Partners, L&S Venture Capital, K2 Investment Partners, K & Investment Partners, Harang Invest

## Investors

- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series A, Series B
- L&S Venture Capital (https://capitalatlas.ai/funds/l-s-venture-capital) — Series A
- K2 Investment Partners (https://capitalatlas.ai/funds/k2-investment-partners) — Series A
- K & Investment Partners (https://capitalatlas.ai/funds/k-investment-partners) — Series A
- Harang Invest (https://capitalatlas.ai/funds/harang-invest) — Series A
- Industrial Bank of Korea — Series B
- Seoul Investment Partners (https://capitalatlas.ai/funds/seoul-investment-partners) — Series B
- Samsung Securities — Series B
- Paratus Investment (https://capitalatlas.ai/funds/paratus-investment) — Series B
- BNW Investment (https://capitalatlas.ai/funds/bnw-investment) — Series B