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
11/21/2022
Transaction Type
Venture Equity
Amount
$37,000,000
Round
Series C
Investors
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
Industry
Consumer
Mailing Address
10th floor, Central Park Tower, 17 Seobinggo-ro Yongsan-gu
Seoul, 07566
KR
Seoul, 07566
KR
Phone
Website
Email Address
Overview
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 .
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Seongwoo Cho
Chief Financial Officer
Jung Joon
Chief Technical Officer
Seongjae Jang
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