BiTELAB raises $6.9M in its first funding round to enhance global expansion and product R&D. Lead investors include Atinum Investment and CJ Olive Young.
Amount Raised
$6.9 Million
Round Type
Venture
South KoreaE CommerceFashionRetailBeautyLifestyleCosmeticsInvestors
Description
BiTELAB, a South Korean brand commerce startup, has closed its first-ever external funding round, raising over $6.9 million. The company plans to use the funds for R&D, strengthening business infrastructure, and hiring more talent. With a portfolio of proprietary brands, BiTELAB aims for significant growth in North America and beyond. This fundraising marks a pivotal moment in the company's development after five years of self-sustained growth.
Quick answer
BiTELAB raised $6.9 Million in a funding round, dated May 19, 2026. Investors: Atinum Investment and CJ Olive Young. BiTELAB is based in South Korea.
- How much did BiTELAB raise?
- BiTELAB raised $6.9 Million in a funding round on May 19, 2026.
- Who invested in BiTELAB?
- Atinum Investment and CJ Olive Young are named as investors in this round.
- What does BiTELAB do?
- BiTELAB is a South Korean brand commerce startup that has built a portfolio of proprietary brands in the K-beauty space since its founding in 2020.
- Where is BiTELAB based and how big is it?
- BiTELAB is based in South Korea.
Source: Fundz verified event record.
Who else raised in E Commerce and Fashion around the same time
Companies in the same sectors as BiTELAB that raised within 45 days of this round, from Fundz verified event records.
- California Naturals raised an undisclosed amount (Series B) on June 3, 2026.
- Violette_FR raised $5M (Series B) on May 28, 2026.
- Fraganote raised $3M (Series A) on June 25, 2026.
- REMEDY Science raised $20M (Series A) on June 12, 2026.
- Able Made raised $2M (Seed) on July 1, 2026.
- Chosen raised $5M (Series A) on May 4, 2026.
Who to call at BiTELAB, and when
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