MAXST

Seoul, South Korea Founded: 2010 • Age: 16 yrs
An SDK is provided for developing augmented reality applications.
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About MAXST

MAXST is a company based in Seoul (South Korea) founded in 2010 by Andy and Jack.. MAXST has raised $8.86 million across 3 funding rounds from investors including Hyundai Motor Company, Mando Corporation and Hana Financial Group. The company has 40 employees as of December 31, 2024. MAXST operates in a competitive market with competitors including Escher Reality, 6D.ai, 3DQR, RapidCompact and Blue Vision Labs, among others.

  • Headquarter Seoul, South Korea
  • Employees 40 as on 31 Dec, 2024
  • Founders Andy, Jack
  • Stage Public
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bitmax Co., Ltd
Operational Areas
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
    $25.2 M (USD)
    2005.36
    as on Dec 31, 2024
  • Net Profit
    $-18.16 M (USD)
    -102.38
    as on Dec 31, 2024
  • EBITDA
    $-12.63 M (USD)
    -21.31
    as on Dec 31, 2024
  • Total Equity Funding
    $8.86 M (USD)

    in 3 rounds

  • Latest Funding Round
    $5.86 M (USD), Series B

    Sep 09, 2019

  • Investors
  • Employee Count
    40

    as on Dec 31, 2024

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IPO & Listings of MAXST

MAXST is a publicly listed company on the KRX with ticker symbol 377030 in South Korea, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: KRX · Ticker: 377030 . Sector: Technology services · South Korea
People of MAXST
Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Kyusung John Cho
CTO / 부사장
People
Seok Joon Kim
선임 연구원
People
Won Jae Ji
Chief Marketing Officer
People
Christine J.
Global Marketing Manager

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Funding Insights of MAXST

MAXST has successfully raised a total of $8.86M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5.86 million completed in September 2019. 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 Rounds 3
  • Last Round Series B — $5.9M
  • First Round
  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2019 Amount Series B - MAXST Valuation

investors

Aug, 2017 Amount Series B - MAXST Valuation

investors

Jun, 2016 Amount Series A - MAXST Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in MAXST

MAXST has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Hyundai Motor Company, Mando Corporation and Hana Financial Group. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
PE firm investing in South Korea and the US
Founded Year Domain Location
Multiple stage sector-agnostic VC firm investing in geographies such as Israel and South Korea
Founded Year Domain Location
Early-stage venture capital is provided by Korean firm InterVest.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by MAXST

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - MAXST

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Maxst Comparisons

Employees
+
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Competitors of MAXST

MAXST 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 Escher Reality, 6D.ai, 3DQR, RapidCompact and Blue Vision Labs, 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
Interactive AR experiences are built via a development platform.
domain founded_year HQ Location
APIs for augmented reality applications are developed using smartphone cameras.
domain founded_year HQ Location
Offers solutions to build 3D AR effects into QR codes
domain founded_year HQ Location
Provider of a 3D data optimization software for AR applications
domain founded_year HQ Location
Shared AR technology is developed for simultaneous multi-user experiences.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Maxst

Frequently Asked Questions about MAXST

When was MAXST founded?

MAXST was founded in 2010 and raised its 1st funding round 6 years after it was founded.

Where is MAXST located?

MAXST is headquartered in Seoul, South Korea.

Who is the current CEO of MAXST?

James is the current CEO of MAXST.

Is MAXST a funded company?

MAXST is a funded company, having raised a total of $8.86M across 3 funding rounds to date.

How many employees does MAXST have?

As of Dec 31, 2024, the latest employee count at MAXST is 40.

What is the annual revenue of MAXST?

Annual revenue of MAXST is $25.2M as on Dec 31, 2024.

What does MAXST do?

MAXST, established in 2010, excels in high tech, creating AR experiences, development tools, and application development. Provider of an SDK to develop AR applications. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of MAXST?

MAXST's top competitors include Escher Reality, RapidCompact and Infinity AR.

Is MAXST publicly traded?

Yes, MAXST is publicly traded on KRX under the ticker symbol 377030.

Who are MAXST's investors?

MAXST has 8 investors. Key investors include Hyundai Motor Company, Mando Corporation, Hana Financial Group, Partners Investment, and Yuanta Korea.

What is MAXST's ticker symbol?

The ticker symbol of MAXST is 377030 on KRX.

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