Renaissance Asset Management
6 Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul 3 Floor, Seoul, Seoul-teukbyeolsi, 07330, SOUTH KOREA
Overview
Renaissance Asset Management is a private collective investment business, investment advisory, and discretionary investment business.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Phantom AI
Participated · Series C · Feb 2023
Phantom AI provides a comprehensive autonomous driving platform that includes computer vision, sensor fusion and control capabilities. The company was founded in 2017 by Hyunggi Cho and Chan Kyu Lee and is based in Mountain View, CA. Phantom plans to use the new funding to accelerate series production development with major OEMs. The startup has raised a total of $80.2M since its founding. Its product focus is on moving autonomous-driving technology into production through partnerships with automakers. Phantom AI develops a vehicle-agnostic autonomous driving platform featuring computer vision, sensor fusion and control capabilities delivered through a modular, software-based vehicle stack. OEMs and Tier 1 suppliers can select and customize components of the stack for high flexibility. The company was founded in 2016 by lead engineers from Tesla’s and Hyundai’s ADAS teams and is led by CEO Hyunggi Cho. Phantom AI works with several automakers, a truck OEM and multiple European and Asian tier 1 suppliers. The company raised $22m in a Series A round, bringing total capital raised to date to $27m. It plans to use the funds to accelerate product development and to scale operations in Europe and Asia.
- Market Designers
Participated · Series B · Oct 2019
Market Designers builds on-demand matching platforms that generate and provide trustworthy information to create fair, transparent marketplaces. Its two core products are Wematch, an on-demand housing-matching platform, and Tutoring, a real-time global tutor-student connection service. Wematch reported 5 million cumulative visitors as of September and recently beta-launched Wematch Interior; Tutoring has recorded 1 million cumulative members, with total site visits across services reaching 6 million. The company says its proprietary data and matching technology drive rapid expansion in both housing and education verticals. Market Designers was recognized in August by the Korea Credit Guarantee Fund’s 'Innovation Icon' program for startups with high unicorn potential. Management plans to use the new funding to expand Wematch into new categories and to push Tutoring’s global market expansion. The company has grown through prior Series A and bridge investments to date.
Team
No current team members are available.