Eugene Private Equity
24 Gukjegeumyung-ro Yeongdeungpo-gu, Seoul, Seoul-t'ukpyolsi, 07327, South Korea
Overview
Eugene Investment is a finance company that provides venture capital, mergers and acquisitions, mutual funds and online trading service.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Financial Services
- Trading Platform
Investment portfolio
- LC Square
Participated · Series B · Jul 2023
LC Square, founded in 2019 in South Korea, develops Micro LED technologies including laser-induced forward transfer (LIFT), full-color (RGB) Micro LED interposer technology, and Micro LED bonding. The company has established an interposer production line and its team includes members from the Korea nanotechnology research institute, Samsung Electronics (semiconductor, video display and network divisions), and Lumens. In July the company completed a B-round financing of ₩166 billion, which it says will be used to build a full mass-production system. LC Square plans to begin producing Micro LED interposers for TVs and wearable devices next year and then expand into XR devices. Management says the financing validates the company’s technological capabilities and the growth potential of the Micro LED market, and will help solidify its leading position and rapid global growth.
- Socar Malaysia
Led · Series A · Feb 2020
Socar Malaysia runs two core offerings: the SOCAR app, which provides on-demand car rentals from a fleet it controls, and TREVO, a peer-to-peer car-sharing marketplace that matches private car owners with renters. Launched in January 2018 as a joint venture between SK Inc and Socar Inc, the company has built a fleet of about 2,200 cars spanning 36 models and deployed them at more than 1,000 pick-up locations in Selangor, Kuala Lumpur, Penang, Johor, Ipoh and Melaka. Its newer TREVO platform has nearly 6,400 vehicle listings across major cities in Malaysia and Indonesia, giving the company a sizable two-sided marketplace. Management plans to channel fresh capital into technology upgrades, clean-mobility initiatives and an accelerated rollout of TREVO to more Southeast Asian markets, supporting its “multiflex mobility” vision. Post-raise, SOCAR reports US$73 million of total cash on hand and a valuation of US$213 million, providing runway for continued expansion. The company aims to create new income streams for car owners while restoring safe, private travel options as the region emerges from COVID-19 constraints.
Team
No current team members are available.