# YMX

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.ymx.co.kr
- Total disclosed funding: $4M
- Latest round: Series A (Aug 29, 2023)
- Investors on record: 3

## About

Founded in 2018 and based in Seoul, South Korea, YMX operates as a software company that focuses on AR and VR multimedia metaverse platforms for industrial applications. The company's platform enables users to solve pain points involved in each step of the manufacturing industry, from factory construction to maintenance. As of 2023, the company is led by its CEO, Park Tae-wook. In August 2023, YMX raised KRW 5.3 billion in series A funding from investors Brick Investment, MarinaWay Capital, and Shinhan Securities. 

The company develops an XR (mixed reality)-based industrial metabus platform. Its range of solutions is designed to tackle obstacles that arise across the entire manufacturing journey, encompassing tasks from setting up factories to managing production and maintenance. Their platform provides industrial solutions based on mixed reality (XR), enabling clients to manage factory construction, production, and maintenance processes. 

The company plans to use the August 2023 funding to focus on developing its own technology and strengthening its marketing and sales capabilities to advance into overseas markets.

## Funding rounds

- Series A, Aug 29, 2023, $4M — Shinhan Securities, Brick Investment, MarinaWay Capital

## Investors

- Shinhan Securities (https://capitalatlas.ai/funds/shinhan-securities) — Series A
- Brick Investment (https://capitalatlas.ai/funds/brick-investment) — Series A
- MarinaWay Capital — Series A