Bobaek CNS develops and manufactures battery safety components and microporous insulation materials aimed at preventing thermal runaway in electric vehicles (EVs) and energy storage systems (ESS). Headquartered in Gumi, the company is expanding production capacity and scaling a mass-production system for its insulation technology. It has raised roughly 100 billion won in cumulative funding (including about 80 billion won from Series A–B since 2023) to support production, R&D, and commercialization. The company currently employs around 250 people and plans to grow to over 400 in the second half of this year and to about 500 by 2027. Bobaek CNS is targeting 120 billion won in sales and a turnaround to profit this year, with plans to exceed 200 billion won by 2027 and 350 billion won by 2028, and to pursue a Kosdaq IPO in 2028–2029.

Total raised

$70M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2026