The Venture Codex Logo

The Venture Codex

East Gate Partners

815, Daewangpangyo-ro, Sujeong-gu, Seongnam-si, Gyeonggi-do, 06621, South Korea

Overview

East Gate Partners is a venture capital firm specializing in investment for businesses.

Total investments
2
Lead investments
1
Investments · 12mo
0
Active investors
2

Sector focus

  • Business Development
  • Finance
  • Venture Capital
Visit website

Investment portfolio

  • JLT

    Participated · Series A · Jul 2024

    JLT develops AI-integrated welding automation and integrated inspection systems aimed at improving quality, simplifying processes, cutting costs, and boosting productivity. The company supplies automation equipment for core EV and ship components and has deployed solutions with customers including Hyundai Motors, LG Magna, Semes, and Hyundai Robotics. JLT is in its fifth year, has surpassed KRW 10 billion in sales, and reports sustainable operating profits. It has extended operations to facilities in North America and Eastern Europe and is preparing for significant international expansion by 2025. With the new funding, JLT plans to advance its welding automation and integrated inspection products and to expand its market presence beyond automotive and shipbuilding into construction and broader industrial fields. Founded in 2019, 제이엘티 develops welding automation equipment and integrated solutions. Its technology performs real-time welding inspection, tracks weld lines, and digitizes weld data to optimize welding quality. The company supplies equipment and solutions to customers including LG마그나, 세메스, and 현대로보틱스. 제이엘티 is working with 한국생산기술연구원 on an integrated welding solution development project to advance its technology. It has expanded development into ship welding following a PoC with 현대중공업 and plans to further enhance its integrated automation and inspection systems using new funding. 제이엘티 aims to record more than 100억원 in sales this year, continuing growth from the prior year.

  • Groupware Pro

    Led · Equity · May 2024

    Worknjoy builds GPRO, described as a “hyper-connected business management platform” that links member data to bring HR, finance, approvals, attendance, and collaboration together. The product emphasizes integration, offering bidirectional connections with ERP systems such as SAP and Douzone to simplify organization-wide operations. Worknjoy positions GPRO to reduce fragmentation and integration costs as companies adopt multiple solutions. The company highlights features for financial visibility, including monthly tracking, department-specific spending, tax invoices, and corporate card transactions. Management says it will focus on further integrating and connecting business solutions. Financially, the startup recently secured new investment to support these efforts (see deal details).

Team