# Welfare Union

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/welfare-union

- Industry: Food
- Headquarters: Seoul, South Korea
- Website: www.well-union.or.kr
- Latest round: Series A (May 28, 2024)
- Investors on record: 2

## About

Based in Seoul, South Korea, and founded in 2011 by Chief Executive Officer Jang Seong-oh, Welfare Union operates as a food company manufacturing Hyoban, a rice-based swallowing aid served as an alternative meal for seniors and disabled people. In May 2024, Welfare Union raised Series A funding from MY Social Company and GAIA Venture Partners. 

The Institute’s product range is centered on developing foods that are easy to chew and swallow, ensuring that seniors receive proper nutrition without the risks associated with traditional meals. Products include liquid, jelly, mousse, and powder forms, specifically designed for elderly individuals with dysphagia. The Institute also offers educational services and community outreach programs to promote better dietary habits among seniors, contributing to improved food service quality in medical and welfare facilities.

## Funding rounds

- Series A, May 28, 2024 — GAIA Venture Partners, Merry Year Social Company

## Investors

- GAIA Venture Partners (https://capitalatlas.ai/funds/gaia-venture-partners) — Series A
- Merry Year Social Company (https://capitalatlas.ai/funds/merry-year-social-company) — Series A