Tech Company Financing Transactions

Laundrygo Funding Round

H&Q Korea, AJU IB Investment and Altos Ventures invested in a $37 million Series C capital raise for Laundrygo. The round was announced on 11/21/2022.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C
Proceeds Purpose
The Series C round will help the startup advance its smart factory technology and invest more in the laundromat business, which Cho expects to grow, owing partly to the rise of labor costs.

Company Information

Company Status
Private & Independent
Mailing Address
10th floor, Central Park Tower, 17 Seobinggo-ro Yongsan-gu
Seoul, 07566
Email Address
We are making innovations in food, clothing and shelter. Starting with innovation in the laundry industry, we find and solve problems throughout the food, clothing, and shelter industry .
Laundrygo LinkedIn Company Profile
Social Media
Laundrygo Company Twitter Account
Company News
Laundrygo News
Laundrygo on Facebook
Laundrygo on YouTube

Management Team

Email & Social
Chief Executive Officer
Seongwoo Cho
  Seongwoo Cho LinkedIn Profile  Seongwoo Cho Twitter Account  Seongwoo Cho News  Seongwoo Cho on Facebook
Chief Financial Officer
Jung Joon
  Jung Joon LinkedIn Profile  Jung Joon Twitter Account  Jung Joon News  Jung Joon on Facebook
Chief Technical Officer
Seongjae Jang
  Seongjae Jang  LinkedIn Profile  Seongjae Jang  Twitter Account  Seongjae Jang  News  Seongjae Jang  on Facebook



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Prev: 11/21/2022: North American Wave Engine venture capital transaction
Next: 11/21/2022: Modern Milkman venture capital transaction


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Our team works diligently to report on tech company VC transactions. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with, an affiliated venture.


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