# Vueron Technology Co.

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.vueron.org
- Total disclosed funding: $16M
- Latest round: Series A (Sep 10, 2024)
- Investors on record: 4

## About

Founded in 2019 and based in Seoul, South Korea, VUERON Technology develops Light Detection and Ranging (Lidar) technology, a perception software platform that is being used in autonomous driving systems. In September 2024, Vueron Technology Co. Ltd. raised KRW 22 billion in series A funding from new investors Shinhan Venture Investment, T.S. Investment, Industrial Bank of Korea, E&Venture Partners, Quantum Ventures Korea, Woori Financial Capital, JB Investment, and Samho Green Investment. Returning investors Timefolio Asset Management, Korea Development Bank, and Daesung Private Equity also participated in this round.

The company will use the funding in September 2024 to expand its commercialization workforce and upgrade its mass production technology by providing and conducting vehicle software certification and verification.

## Funding rounds

- Series A, Sep 10, 2024, $16M — Shinhan Venture Investment, T.S. Investment
- Seed, Jul 1, 2020 — BonAngels Venture Partners, Korea Tech Incubator for Startup

## Investors

- BonAngels Venture Partners (https://capitalatlas.ai/funds/bonangels-venture-partners) — Seed
- Korea Tech Incubator for Startup — Seed
- Shinhan Venture Investment (https://capitalatlas.ai/funds/shinhan-venture-investment) — Series A
- T.S. Investment (https://capitalatlas.ai/funds/t-s-investment) — Series A
