# Vault Creation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vault-creation

- Industry: Industrial Machinery
- Headquarters: Seoul, South Korea
- Website: www.vaultcreation.com
- Latest round: Seed (Oct 1, 2016)
- Investors on record: 2

## About

Based in South Korea, Vault Creation develops precision-engineered products utilizing advanced dry etching technology to serve the electronic display and automotive industries, particularly through innovative solutions like Fine Metal Masks and V-Glass.Vault Creation, established in 2015 in Seoul, South Korea, specializes in advanced dry etching technologies. The company has successfully completed a total of 3 deals, with its most recent deal occurring on September 30, 2022, where it raised KRW 10 billion from Feynman Asset Management.  Sang-jun Choi is the CEO, guiding the company's strategic vision.Vault Creation Co., Ltd. specializes in advanced dry etching technology, producing a range of precision-engineered products for the electronic display and automotive industries. Its core offerings include Fine Metal Masks (FMM) for OLED displays, which enable the deposition of RGB subpixels in smartphone screens, and V-Glass, an innovative lens cover that enhances visibility in adverse weather while providing electromagnetic shielding. The FMM operates with a resolution of 500ppi and is customizable based on client specifications. V-Glass, known for its hydrophobic properties, is suitable for automotive rearview cameras and other optical applications, serving a clientele that includes leading technology companies and research institutes in South Korea, Japan, and the United States.Vault Creation engages in direct B2B transactions, generating revenue through the sale of high-resolution FMM and V-Glass products. Transactions are typically bulk orders, allowing clients to scale purchases based on production needs with pricing contingent on specific order requirements. The flagship products are integral to mobile displays and automotive systems, contributing to the company’s financial performance as market demand rises.In September 2022, Vault Creation raised KRW 10 billion in venture funding to support its growth initiatives. The company is exploring new product designs and launches, focusing on expanding its market presence in Southeast Asia and the United States by 2024. The recent funding will facilitate these expansions and enhance product development, ensuring Vault Creation meets the growing demand for high-performance materials in the OLED display and automotive camera sectors.

## Funding rounds

- Seed, Oct 1, 2016 — Posco Investment, Korea Tech Incubator for Startup

## Investors

- Posco Investment (https://capitalatlas.ai/funds/posco-investment) — Seed
- Korea Tech Incubator for Startup — Seed