About Looxid Labs
Looxid Labs is a company based in Seoul (South Korea) founded in 2015.. Looxid Labs has raised $4 million across 1 funding round from investors including Daesung Startup Investment, Hastings Funds Management and Samsung Ventures. Looxid Labs operates in a competitive market with competitors including Varjo, Emotiv, HiScene, AjnaLens and Recon Instruments, among others.
- Headquarter Seoul, South Korea
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Sectors
Technology
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Series A
Nov 12, 2018
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Investors
Daesung Startup Investment
& 3 more
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Employee Count
Employee Count
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Funding Insights of Looxid Labs
Looxid Labs has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in November 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $4.0M
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First Round
First Round
(12 Nov 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Series A - Looxid Labs | Valuation | Hastings Funds Management , Daesung Startup Investment |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Looxid Labs
Looxid Labs has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Daesung Startup Investment, Hastings Funds Management and Samsung Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital is provided to early-stage high-potential companies.
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Founded Year | Domain | Location | |
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Investments are directed toward semiconductors, telecommunications, software, and medical sectors.
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Founded Year | Domain | Location | |
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Infrastructure funds are managed for investments in essential assets.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Looxid Labs
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Looxid Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Looxid Labs Comparisons
Competitors of Looxid Labs
Looxid Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Varjo, Emotiv, HiScene, AjnaLens and Recon Instruments, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Virtual reality headsets are provided for immersive professional applications.
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| domain | founded_year | HQ Location |
Manufacturer of wireless EEG headsets and software solutions
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| domain | founded_year | HQ Location |
Provider of AR glasses and image recognition solution
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| domain | founded_year | HQ Location |
Mixed reality headsets are manufactured for enterprises and defence sectors.
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| domain | founded_year | HQ Location |
Heads-up display technology is integrated for sports environments.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Looxid Labs
Frequently Asked Questions about Looxid Labs
When was Looxid Labs founded?
Looxid Labs was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Looxid Labs located?
Looxid Labs is headquartered in Seoul, South Korea.
Is Looxid Labs a funded company?
Looxid Labs is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Nov 12, 2018.
What does Looxid Labs do?
Looxid Labs was founded in 2015 in Seoul, South Korea, focusing on the virtual reality sector. An analytics solution is provided to track user emotional reactions in VR experiences through a mobile-powered headset integrated with eye-tracking and EEG sensors. These measure eye movements and brainwaves, while an emotion recognition API processes signals in real-time and classifies them into emotional states. Services are extended to education, healthcare, marketing, and research fields.
Who are the top competitors of Looxid Labs?
Who are Looxid Labs's investors?
Looxid Labs has 4 investors. Key investors include Daesung Startup Investment, Hastings Funds Management, Samsung Ventures, and Sejongllp.