Tech Company Financing Transactions

RECON Labs Funding Round

RECON Labs closed a $4.4 million Series A funding round on 5/3/2022. Investors included Hanwha Investment, Kakao Ventures and Korea Investment Partners.

Transaction Overview

Company Name
Announced On
5/3/2022
Transaction Type
Venture Equity
Amount
$4,400,000
Round
Series A
Proceeds Purpose
The company will use its Series A funding to increase its headcount and enhance its platform PlicAR, which helps automatically turn a 2D image into a 3D view of its products without requiring any special skills in 3D modeling.

Company Information

Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
4th Floor 24 Samseong-ro 95-gil Gangnam-gu
Seoul, Undisclosed
South Korea
Email Address
Overview
We enable both sellers and consumers to use AR/VR easily and quickly through Ai technology. RECON Labs creates new shopping experiences using artificial intelligence and AR/VR technology. Our team has years-long experience in Ai research and Mixed Reality technologies.
Profile
RECON Labs LinkedIn Company Profile
Social Media
RECON Labs Company Twitter Account
Company News
RECON Labs News
Facebook
RECON Labs on Facebook
YouTube
RECON Labs on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Seonghoon Ban
  Seonghoon Ban LinkedIn Profile  Seonghoon Ban Twitter Account  Seonghoon Ban News  Seonghoon Ban on Facebook
Chief Technical Officer
Kyungwon Yun
  Kyungwon Yun LinkedIn Profile  Kyungwon Yun Twitter Account  Kyungwon Yun News  Kyungwon Yun on Facebook
VP - Product Management
Jongbum Woo
  Jongbum Woo LinkedIn Profile  Jongbum Woo Twitter Account  Jongbum Woo News  Jongbum Woo on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/3/2022: Cheq Payments venture capital transaction
Next: 5/3/2022: Flyp venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to document every notable VC transaction. VC investment data records reported here come from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary