The Venture Codex

Participated · Series D · Aug 2026

DeepX develops semiconductor architectures optimized for AI workloads, with a focus on power- and cost-efficient chips for deployments outside data centers. The company targets markets such as robotics and smarter electronics. It reported securing more than 30 mass-production contracts from customers across eight countries in April, signaling growing commercial traction. DeepX is based in Pangyo. Its valuation surged to about ₩3.14 trillion following the recent tranche, and the company is pursuing further funding of up to ₩300 billion to complete the Series D. Management is seeking a post-money valuation of up to ₩3.5 trillion when the round closes.

Participated · Equity · Apr 2026

ADEL develops therapeutics targeting central nervous system disorders and advances antibody candidates through clinical development. Its notable programs include ADEL-Y01, a tau antibody candidate that was licensed out to Sanofi in a deal valued up to $1.04 billion with an $80 million non-refundable upfront payment. The company is advancing follow-on candidates ADEL-Y04 (ApoE4-targeting antibody) and ADEL-Y03 (β2-microglobulin-targeting antibody) and aims to accelerate their clinical timelines. ADEL intends to strengthen partnerships with domestic and international CNS specialists and further develop proprietary technology platforms. The company cites global business achievements and investor support as validation of its pipeline value. Management plans to complete a KOSDAQ technology special listing within the year and deploy the newly secured funds to deliver early pipeline development results.

Participated · Series B · Mar 2026

LabradorLabs develops software supply-chain security products including a software composition analysis (SCA) solution, an SBOM exchange platform called Labrador SCM, and Labrador ServerCare for real-time management of production-server vulnerabilities. The company also offers an AI model specialized for software supply-chain security called Labrador LLM. Following the Series B, LabradorLabs plans to enhance security features during the development stage and help customers manage open-source risks more precisely and systematically. The company intends to use the new capital to advance core technologies, recruit talent, and pursue global expansion centered on North America. The article did not provide revenue, user, founding year, or valuation details.

Participated · Equity · Sep 2023

AIMMO offers AD-DaaS, a flagship solution that supplies optimized datasets tailored for autonomous driving by analyzing Operational Design Domains and curating scenario-specific data with expert annotation. Its services are designed to improve AI algorithm performance while reducing client development time and cost. AIMMO counts global OEMs and Tier 1 suppliers such as BOSCH, Continental, Magna International, and Tata Motors among its customers. The company is expanding beyond autonomous driving, exploring collaborations in smart city construction. Management says it has signed supply contracts across Europe, North America, and Japan and is driving projects in those regions. AIMMO plans to refine AD-DaaS, develop edge devices for data collection, and finalize full-cycle AI data solutions as part of its growth strategy. AIMMO builds an AI data-annotation platform and three annotation products: AIMMO DaaS for sensor-fusion/autonomous vehicle data, AIMMO GtaaS (turnkey big-data labeling) and AIMMO Enterprises, a web-based SaaS labeling tool. The company serves smart city, autonomous driving, robotics, OCR, smart factory, surveillance, e-commerce and logistics customers, including Hyundai Motor, Hyundai Mobis, Kakao Mobility, SoCar, ThoreDrive, SK Telecom, Naver and Kakao. AIMMO reported $10 million in revenue in 2021 and said sales and labeling volume through its DaaS platform grew 200% in 2021 versus 2020. The startup has about 200 employees and more than 10,000 data labelers globally. Headquartered in Korea, AIMMO has offices in the U.K., the U.S., Japan and Vietnam and plans to open offices in Germany and Canada in 2022. It competes with companies such as Scale AI, Playment, Understand.ai and Deepen AI as it pursues further global expansion.

Led · Series D · Aug 2022

Tridge operates an online trade platform and fulfillment service that matches global food and agriculture buyers and sellers, handling research through ordering for more than 150 countries. Its fulfillment solution serves as a middleman for over 15,000 agricultural products and supports more than 100,000 suppliers; Tridge also offers market intelligence with roughly 15,000 covered products and 50,000 price updates. The company reports having 447,786 users and counts customers from farmers to global retailers including Costco, Walmart, Nestle, Dole and Carrefour. Tridge says it posted under $7.4 million in sales last year and now generates between $15 million and $23 million in sales per month after launching its fulfillment revenue stream in September 2021. The company employs about 600 people, has offices in 45 countries (including the U.S. and Europe), and claims to have amassed more than 1 trillion cumulative data points. Tridge plans to use the new capital to launch new services, invest in technology, and accelerate overseas expansion focused on the U.S., Europe and markets such as Turkey, Brazil, India, Vietnam and Tanzania. Tridge operates an online sourcing hub that connects suppliers and buyers of fresh produce and other agrifood commodities across more than 70 countries. Its platform enables users to identify and verify trading partners, make bids and offers, and transact securely. The company also sells market intelligence — paid premium data coverage and tailored advice from a vetted community of market experts. Customers include retailers such as Carrefour, Costco and Walmart, food and beverage companies AB InBev, Dole and Nestlé, and airline Emirates. Tridge says demand surged in 2020 amid Covid-19 disruptions; the platform now receives more than 300,000 visitors per month and added 50,000 buyers after launching its market intelligence offering. It expects revenue from its fulfillment operations to reach $300 million by year-end and plans to scale fulfillment globally through co-packing and warehousing in 50 strategic countries while expanding teams and headcount.