# Vart Co.

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

- Industry: Electronics
- Headquarters: Yongin, South Korea
- Website: www.v-art.kr/
- Total disclosed funding: $0.4M
- Latest round: Seed (Oct 26, 2021)
- Investors on record: 1

## About

Based in South Korea, Vart Co., Ltd. specializes in manufacturing innovative hidden display electronic devices, focusing on aesthetic and functional household appliances that integrate seamlessly into modern living environments.Vart Co., Ltd. operates out of Yongin, South Korea, providing unique electronic solutions. Founded in 2021, the company has secured KRW 500 million in Seed funding from Solaire Partners, which fully accounts for its total raised amount. Notably, Vart has conducted one investment deal, with its most recent occurring on October 26, 2021. The CEO, Sheng Qiang, leads the firm as it develops its niche in the electronics market.Vart Co., Ltd. specializes in manufacturing hidden display electronic devices using innovative injection molding techniques. Their advanced household appliances cater to consumer demands for functionality and design, primarily targeting North American and European markets. The company collaborates with manufacturers and retailers in the electronics sector to expand its global presence through continuous innovation.Vart Co., Ltd. employs a business model centered around direct transactions with retailers and manufacturers, establishing a steady revenue stream from B2B sales as well as potential direct-to-consumer initiatives. Their financial structure relies on volume sales from flagship products, marketed via retail channels and online platforms to appeal to discerning customers. Revenue generated supports ongoing R&D efforts and future product developments.Vart Co., Ltd. is focused on expanding its product offerings and entering new geographic markets. With KRW 500 million raised in Seed funding, the company plans to enhance its product lines and release new innovations. Specific expansion into North America and Europe is targeted within the next few years, reflecting the growing demand for advanced home technology solutions. Recent funding will support these initiatives, driving further growth and market presence.

## Funding rounds

- Seed, Oct 26, 2021, $0.4M — Solaire Partners

## Investors

- Solaire Partners (https://capitalatlas.ai/funds/solaire-partners) — Seed