# Valcon

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

- Industry: Software
- Headquarters: Busan, South Korea
- Website: www.valcon.net
- Total disclosed funding: $0.3M
- Latest round: Seed (Aug 31, 2013)
- Investors on record: 1

## About

Valcon, based in South Korea, operates as a manufacturer and distributor of electric ball valves, essential for precise control of liquid and gas flow in industrial applications.Founded in 1996 in Busan, South Korea, Valcon specializes in the production of electric ball valves. The company received KRW 350 million in Seed funding in August 2013 from Kakao Ventures. The firm has successfully executed one deal, positioning itself firmly within the industrial sector under the leadership of CEO Leon De Looff and Robert Jeakins, while Poul Skadhede founded the company.Valcon Co., Ltd. specializes in manufacturing and distributing electric ball valves, crucial for controlling fluid flow in industrial settings. These valves are designed for reliability and precision, serving sectors such as water treatment, oil and gas, chemicals, and HVAC systems. The company caters to a diverse clientele, including manufacturers and contractors, primarily targeting the Asian and European markets where advanced valve technology is in demand.Valcon Co., Ltd. operates a B2B model, generating revenue by selling electric ball valves directly to industrial clients and through distributor partnerships. The company typically engages in bulk orders, with pricing based on order size and contracts. By offering comprehensive solutions and multi-year contracts, Valcon fosters long-term client relationships, ensuring a steady revenue stream and enhancing customer loyalty.Following its recent Seed funding of KRW 350 million in August 2013, Valcon plans to design and launch new electric ball valve products aimed at increasing automation in industrial operations. The company is targeting expansion into new markets in Southeast Asia and Europe by 2025, leveraging the funding to support research and development initiatives for these new products and market entries.

## Funding rounds

- Seed, Aug 31, 2013, $0.3M — Kakao Ventures

## Investors

- Kakao Ventures (https://capitalatlas.ai/funds/kakao-ventures) — Seed