• Seadronix

  Participated · Series B · Mar 2025

  Seadronix develops AI-powered autonomous ship navigation and port-management systems, including NAVISS, Rec-SEA, and AVISS. Founded in 2015 and based in Seoul, South Korea, the company builds situational-awareness AI trained on extensive real-world operational data. Its technology has received global recognition, including a CES 2024 Innovation Award, the world's first type approval from a classification society, and certifications from the Ministry of Oceans and Fisheries. Seadronix participates in government-led programs such as the KRW 160 billion Autonomous Ship Technology Development Project and has secured international contracts in markets including Singapore and the Netherlands. The company plans to further advance ship AI and robotics technologies and accelerate global deployment of its autonomous navigation solutions. Management emphasizes delivering practical, revenue-generating AI solutions and leading efforts to set standards that comply with international autonomous navigation regulations. Seadronix develops AI software and monitoring systems to reduce sailor involvement in cargo-ship navigation. Founded in 2015, its two main products are a berthing monitoring system for docks and a separate monitoring system for open-water navigation, currently operating in four ports across Korea. The company says its proprietary systems could address about 75% of maritime accidents stemming from human error and environmental issues, including carbon dioxide leaks. Seadronix states its mission is to be an AI platform that ensures ocean safety and environmental protection. SoftBank Ventures Asia led a $5.8 million investment in the company, bringing total funding to date to $8.3 million. With the new funding, Seadronix plans to recruit more talent in AI, sensor fusion and navigation and to accelerate its global market penetration.

• H2

  Participated · Equity · Jan 2025

  H2, Inc. is an industry-leading vanadium flow battery (VFB) developer and manufacturer based in Seoul, South Korea. The company produces the EnerFLOW 500 series for 4-hour applications, the EnerFLOW 600 series for 8+ hour applications (incorporating its HYPERSTRUCTURE technology), and UL-certified 5000-series VFB stacks. H2 raised $16 million in bridge funding finalized in the second half of 2024, bringing total accumulated funding to $77 million. Proceeds will be used primarily to construct the K2 Plant, which will expand manufacturing capacity to 1.2 GWh per annum and is scheduled to begin operations in 2026. The K2 Plant will triple the current K1 Plant capacity (330 MWh/year) and support mass production of H2's flagship products. The company has secured land for the K2 Plant and plans first deployment of EnerFLOW 640 units in Spain's 8.8 MWh VFB project in mid-2025. H2 develops and manufactures flow battery systems and cell stacks, including its container-type EnerFLOW430 (270 kWh) and cabinet-type EnerFLOW330 (50 kWh). EnerFLOW430 uses proprietary ‘FLEXMODULE’ technology to enable duration options from 4 to 10 hours in a standardized modular product. The company recently secured UL 1973 certification for its cell stack model 5266, a key step toward overseas market entry. In late 2020 an EnerFLOW430-based 1.1 MWh system was commissioned at a Korea East-West Power (EWP) facility in Ulsan and has operated under the REC scheme; it is described as the only commercially operating non-lithium battery installation running under REC in Korea. H2 plans to use new capital to expand manufacturing capacity and automation, targeting a 330 MWh production capacity in the first phase of its near-term expansion. The company is led by Founder and CEO Dr. Shin Han and intends to expand into overseas markets such as the US and other regions.

• StradVision

  Participated · Series B · Dec 2019

  StradVision develops AI-based vision processing software (SVNet) for Advanced Driver Assistance Systems (ADAS) and autonomous vehicles, with deployments on various vehicle models in partnership with OEMs. The company intends to use its newly raised capital to accelerate growth and expand operations. Led by CEO Junhwan Kim, StradVision reports more than 300 employees across offices in Seoul, San Jose, Detroit, Tokyo, Shanghai, Friedrichshafen, and Dusseldorf. Financially, the company closed an $88M Series C and has $129M in cumulative funding from seed through Series C. Its technology powers ADAS and autonomous vehicle perception worldwide. The company is positioned as an automotive-industry pioneer in AI-based vision processing. StradVision builds deep learning–based vision processing software for advanced driver-assistance systems (ADAS) and autonomous vehicles. The company positions its camera software as an enabler of next-level vehicle autonomy and mainstream ADAS implementations. StradVision says its solution will support millions of SUVs, sedans, and buses on the road soon. Its software is reportedly attracting leading automakers and suppliers. To accelerate expansion and cooperation, StradVision entered a strategic partnership with AISIN Group via a Pegasus Tech Ventures–managed fund. The company intends to leverage that partnership to meet growing demand for driver-assistance technologies and broader deployment of its camera solutions. StradVision is a Seoul-based developer of vision processing software for autonomous vehicles and ADAS, led by CEO Junhwan Kim. Its core product is SVNet, a deep learning-based software suite that enables lane detection, traffic light and sign detection/recognition, object detection, and free-space detection. The company has multiple mass-production projects ongoing in China and Europe with global OEMs and Tier 1 suppliers. StradVision expects millions of vehicles — including SUVs, sedans and buses — to run its software by 2021. It currently employs more than 105 people across the United States, Germany, Korea and Japan. The company intends to use the new funds to continue developing its products. StradVision develops deep learning–based camera image detection software that recognizes pedestrians and reads text on road signs. Its front-detection technology is described as top-notch, able to detect distant and overlapping objects and distinguish between vehicles, pedestrians, and bicycles. The software can analyze movement patterns and pedestrian posture to predict situations in advance and is claimed to use a high-efficiency algorithm optimized for vehicles. The company holds 14 patents, including methods for rapidly reading text in images, fast parallel data processing, and detection-accuracy enhancements; 10 of those patents are registered in the U.S. Founded in 2014, StradVision is an ICT firm whose majority of employees hold master’s or doctoral degrees. The company recently received an equity investment of 8 billion KRW from Hyundai Mobis to collaborate on developing deep learning cameras and pursue commercialization (the article notes commercialization is expected in 4–5 years and Hyundai Mobis aimed to develop a deep learning–based camera by 2020).

• Minerva Project

  Participated · Series C · Jul 2019

  Minerva Project provides higher education offerings via the Minerva Schools at KGI and other educational partners, using a scaffolded curriculum that equips students with cognitive tools and core competencies across disciplines. Its methodology is based on research on the science of learning and is enhanced by proprietary active-learning technology. The Minerva Forum was built to facilitate interaction via live video, enabling professors to conduct intensive, engaged classroom experiences and provide relevant feedback to ensure progress against student learning outcomes. The company will use the Series C capital to accelerate access to its learning experiences through partnerships with universities and corporations. In the financing Minerva raised $57M, bringing total capital raised to date to in excess of $128M. The company emphasizes proven pedagogical practices and tools to support partner institutions' delivery of its curriculum. Minerva Project operates the Minerva Schools at Keck Graduate Institute, a highly selective undergraduate program whose founding class commenced courses in September 2014 with students from 14 countries and territories. The curriculum emphasizes development of key habits of mind and foundational concepts rather than knowledge dissemination, with no introductory level classes and live interactive seminars of 19 students or fewer led by accomplished professors via a proprietary technology platform. Students live together in global student residences in major metropolitan cities, rotating up to seven times during their four years while classes are supplemented by cultural, social and civic experiences. Tuition is $10,000; the school received 2,464 applications from students in 96 countries and territories and accepted every student who passed its high admissions bar, resulting in a 2.8% acceptance rate. Led by founder, chairman and CEO Ben Nelson, Minerva intends to use new funds to scale operations. A representative from TAL Education Group will join Minerva's board as part of the financing. The Minerva Project is building an online liberal-arts university that emphasizes an “extraordinarily rigorous” curriculum and meritocratic admissions. It plans a four-year program delivered primarily online with small live, synchronous classes of 10–25 students and a global student body. First-year students study in their home countries; from the sophomore year onward students are encouraged to live in a new city each semester, and multilingual competency is expected by graduation. Founder and CEO Ben Nelson (former Snapfish CEO) says tuition will be about half that of top colleges, and the school intends to incentivize top professors via a “Nobel Prize for teaching” while hiring Ph.D. educators focused on teaching. The project promises post-graduation support and lifelong networks rather than a traditional alumni fundraising model. Financially, it has secured major startup funding to support launch and operations, and plans to accept its first class in 2014.

No current team members are available.