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The Venture Codex

KakaoBrain

152 Pangyoyeok-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, 463420, South Korea

Overview

Developing key technologies regarding AI and seek various ways to improve technologies, service and business

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
3
Visit website

Investment portfolio

  • RECON Labs

    Participated · Series A · May 2022

    RECON Labs is a South Korean AR startup whose PlicAR platform enables e-commerce customers to create 3D models by taking a short video of products. PlicAR automatically turns 2D images into 3D views without requiring special 3D modeling skills, allowing retailers to visualize products at life-size in AR and reduce time and cost. The company works with furniture companies and other retailers and currently serves more than 22 small- and medium-sized businesses in South Korea, claiming over 10,000 products converted into 3D content. RECON Labs plans to let users download, upload, view, sell and buy 3D assets through a web-based service and to roll out a 3D creator app next year. It has partnered with The Sandbox to build a tool for creating 3D characters and items and intends to open a Silicon Valley office for U.S. expansion in Q4 2022. Financially, the company raised $4.4M in a Series A and has raised $4.8M in total since its 2019 founding.

Team

  • Kim Il-doo

    CEO

  • Hunchul Park

    Software Engineer

    LinkedIn
  • Daemyung Jang

    Software Engineer

    LinkedIn