Virnect, Leading Korean Industrial Xr Solutions Company, Closes $30 Million Series B Round
Amount Raised
$30 Million
Round Type
Series B
SeoulInformation TechnologyProfessional ServicesSoftwareConsumer GoodsGovernment And MilitaryDescription
VIRNECT, the Seoul, Korea-based industrial XR (Extended Reality) solutions company, announced it raised a $30 million series B round. This round was backed by notable Korean VCs STIC Ventures, Lotte Ventures, strategic investor Hanwha, and institutional investors KTB Network, KB Investment, and KDB Investment Bank. IPO is expected on the KOSDAQ exchange this year.
Quick answer
Virnect raised $30 Million in a Series B round, dated January 13, 2022. Virnect is based in Seoul, Seoul, South Korea.
- How much did Virnect raise?
- Virnect raised $30 Million in a Series B round on January 13, 2022.
- What does Virnect do?
- Founded in 2016, VIRNECT is one of the leading industrial XR solution companies.
- Where is Virnect based and how big is it?
- Virnect is based in Seoul, Seoul, South Korea.
Source: Fundz verified event record.
Who else raised in Professional Services and Consumer Goods around the same time
Companies in the same sectors as Virnect that raised within 45 days of this round, from Fundz verified event records.
- Depict.Ai raised $17M (Funding Round) on February 24, 2022.
- dbt Labs raised $222M (Series D) on February 24, 2022.
- Xoxoday raised $30M (Funding Round) on February 23, 2022.
- Cardinality.ai raised an undisclosed amount on February 23, 2022.
- Anecdotes raised $25M (Series A) on February 23, 2022.
- The INKEY List raised an undisclosed amount on February 18, 2022.
Who to call at Virnect, and when
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- An alert the day Virnect raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Virnect, from your own LinkedIn network
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Funding Insights
What this usually meansVirnect raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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