Materials Startup LabInCubes Raises 14.7 Billion Won

LabInCubes Secures 14.7 Billion Won

LabInCubes, a company specializing in new materials development, recently raised 14.7 billion won ($10.8 million) in funding, according to venture investment information platform TheVC on the 25th. Meta Biomed, a global biodegradable medical materials company, joined as a new investor through a strategic investment (SI). Existing investors including BNH Investment, Union Investment Partners and JKP Partners also participated in follow-on investments.

Alongside the funding round, LabInCubes signed a joint research and development and commercialization agreement with Meta Biomed, establishing a collaborative partnership. The two companies plan to combine LabInCubes' core technology with Meta Biomed's manufacturing infrastructure to collaborate in the global medical device market, including next-generation polymer fillers.

LabInCubes was founded by Choi Kyung-min, a professor in the Department of Chemical and Biological Engineering at Sookmyung Women's University. The company is also the first in the world to successfully commercialize metal-organic framework (MOF) materials. It possesses the technology to adjust molecular spacing and precisely design spaces of desired sizes using its materials platform "Cubrix."

Labrador Labs Raises 14.5 Billion Won

Labrador Labs, a company specializing in software supply chain security, recently raised 14.5 billion won ($10.6 million). Shinhan Venture Investment, DS Asset Management, POSCO Technology Investment and Stonebridge Ventures participated in the round.

Labrador Labs has developed a software composition analysis (SCA) solution, a business-to-business SBOM exchange platform called "Labrador SCM," and "Labrador ServerCare," a solution for real-time vulnerability management of operating servers. The company also developed "Labrador LLM," an AI model specialized in software supply chain security, improving open-source license detection accuracy by more than 10% compared to existing methods.

Labrador Labs plans to deploy the secured funds toward core technology development, recruitment of top talent and global market expansion centered on the United States. With this funding, the company aims to advance development-stage security capabilities, enabling customers to manage open-source risks more precisely and systematically.

Dentronics Raises $1 Million in Early-Stage Funding

Dentronics, a startup founded in Silicon Valley, raised $1 million (approximately 1.5 billion won) in early-stage funding. The investment was made through the "Founder Fellowship" program of South Park Commons (SPC), a Silicon Valley entrepreneur community.

Dentronics is a medical AI robotics startup developing robots to automate repetitive physical assistance tasks during dental procedures. The company was co-founded by CEO Choi Kyung-yeon, a graduate of Seoul National University's Department of Mechanical Engineering and Graduate School of Dentistry; co-founder Choi So-yun, a Harvard graduate currently pursuing a robotics Ph.D. at Stanford; and co-founder Lee Min-jun, a graduate of Seoul National University's Department of Electrical and Computer Engineering.

"Dexter," a chairside robotic arm developed by Dentronics last year, is a six-degree-of-freedom robot that performs repetitive assistance tasks required during dental procedures, such as suction and retraction. The first production batch of 50 units has sold out, and the company is preparing for mass production.