# ToonSquare

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.toonsquare.co
- Total disclosed funding: $0.4M
- Latest round: Series A (Sep 19, 2022)
- Investors on record: 4

## About

Based in Seoul, South Korea and founded in 2017, Toon Square Co., Ltd., aka ToonSquare which started as Samsung Electronics C-LAB in 2017, has been developing app services that incorporate artificial intelligence. Since then, it has been spun off from Samsung Electronics in November 2019, in recognition of its smart webtoon-type character technology that advanced artificial intelligence technology and can produce various expressions such as facial expressions and movements. In July 2024, Toon Square Co., Ltd. raised KRW 1.3 billion in pre-series A funding from new investor Capstone Partners. In 2023, the company generated a revenue of KRW 7.5 billion.

The company operates an AI webtoon production platform called Tooning.

## Funding rounds

- Series A, Sep 19, 2022 — IPX Corporation, N Partners, CNTUS Invest
- Seed, Jun 1, 2020, $0.4M — Samsung Venture Investment

## Investors

- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Seed
- IPX Corporation — Series A
- N Partners (https://capitalatlas.ai/funds/n-partners) — Series A
- CNTUS Invest — Series A