Receipt-Based Commerce Startup Team Limited Secures 2.5 Billion Won

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By Kim Ji-young
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null - Seoul Economic Daily Technology News from South Korea

Team Limited, a receipt-based artificial intelligence (AI) commerce startup, has raised 2.5 billion won in a pre-Series A round, according to venture investment information platform THE VC on Monday. The investment was led by Hyundai Investment Partners, with participation from Antler Korea, Seoul National University Holdings, CJ Investment, Good Things, and Goodwater Capital, a U.S. Silicon Valley-based consumer investment firm.

Team Limited operates "Youngggul," a receipt-based purchase data platform. The service rewards users with points when they photograph and upload receipts from various retail channels such as large supermarkets, convenience stores, and online shopping malls. Cumulative app downloads of Youngggul have surpassed 1 million. The purchase data accumulated through Youngggul exceeds 20 million records.

Team Limited plans to use the investment to launch an AI shopping agent service and accelerate global expansion into markets such as Southeast Asia. The company has been expanding its business-to-business (B2B) market by launching "REmited AI," an AI target marketing solution for consumer goods brands.

PlCo, Athlete Data Management, Raises 4 Billion Won

Sports tech company PlCo has completed a pre-Series B round worth 4 billion won. The round saw participation from existing investors Stonebridge Ventures and Naver D2SF. With this, PlCo's cumulative investment raised totals approximately 11 billion won.

PlCo is a sports intelligence platform company that integrates and manages all data required for athletes, coaches, and team operations. It analyzes various data from sports settings, including match data, physical measurements, training load, and condition data, to support athlete development and team performance management. To date, approximately 1,500 coaches and approximately 12,000 athletes have used the platform cumulatively. Its clients include major domestic professional clubs such as Jeonbuk Hyundai Motors, Suwon Samsung Bluewings, Suwon FC, and SSG Landers.

PlCo plans to use the investment for sports-specialized AI development. Within the year, the company plans to unveil an Individual Development Plan (IDP) solution that analyzes nutrition, athletic ability, injury risk, and mental aspects based on athletes' genomic and measurement data to present individual growth roadmaps. The company will also target the global sports data market by entering the J-League and Southeast Asian markets.

Sky Intelligence Succeeds in Attracting Investment

Sky Intelligence, a digital twin and industrial synthetic data specialist, has succeeded in attracting investment from DS Investment Partners. The investment was concluded as the company's technological capabilities and growth potential were highly evaluated, amid growing importance of synthetic data infrastructure essential for industrial robot AI training driven by the expansion of the physical AI market. The investment amount was not disclosed.

Sky Intelligence is developing technology that implements real industrial environments in virtual space using digital twin technology and generates high-quality synthetic data required for robot AI training. Through this, it provides AI training data that can be utilized across the manufacturing, logistics, and automation industries.

The company plans to use the investment to advance its industrial synthetic data platform and data infrastructure and expand its business targeting the global manufacturing and robotics markets. It will also continue to accumulate core data assets necessary for industrial AI training.

Original reporting by Kim Ji-young for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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