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
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bitmax Co., Ltd
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Annual Revenue
$25.2 M (USD)2005.36as on Dec 31, 2024
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Net Profit
$-18.16 M (USD)-102.38as on Dec 31, 2024
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EBITDA
$-12.63 M (USD)-21.31as on Dec 31, 2024
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Total Equity Funding
$8.86 M (USD)
in 3 rounds
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Latest Funding Round
$5.86 M (USD), Series B
Sep 09, 2019
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Investors
Hyundai Motor Company
& 7 more
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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.
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Sales and Marketing
2 people
Leadership Team
1 people
CTO Team
1 people
선임 Team
1 people
Head Team
1 people
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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 Funding
- Total Rounds 3
- Last Round Series B — $5.9M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series B - MAXST | Valuation |
investors |
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| Aug, 2017 | Amount | Series B - MAXST | Valuation |
investors |
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| Jun, 2016 | Amount | Series A - MAXST | Valuation |
investors |
| 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 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.
| Investor | Description | Founded Year | Domain | Location |
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PE firm investing in South Korea and the US
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Founded Year | Domain | Location | |
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Multiple stage sector-agnostic VC firm investing in geographies such as Israel and South Korea
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Founded Year | Domain | Location | |
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Early-stage venture capital is provided by Korean firm InterVest.
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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 MAXST
| 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 - MAXST
| 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 |
Maxst Comparisons
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.
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| domain | founded_year | HQ Location |
APIs for augmented reality applications are developed using smartphone cameras.
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| domain | founded_year | HQ Location |
Offers solutions to build 3D AR effects into QR codes
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| domain | founded_year | HQ Location |
Provider of a 3D data optimization software for AR applications
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| domain | founded_year | HQ Location |
Shared AR technology is developed for simultaneous multi-user experiences.
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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 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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