About Movic Lab
Movic Lab is a company based in Incheon (South Korea) founded in 2018.. Movic Lab has raised $1.15 million across 1 funding round from investors including Evergreen Investment Partners and Korea Credit Guarantee Fund. Movic Lab operates in a competitive market with competitors including Uptake, Infinite Uptime, Uptime AI, I-Care and SparkCognition, among others.
- Headquarter Incheon, South Korea
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.15 M (USD)
in 1 rounds
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Latest Funding Round
$1.15 M (USD), Seed
Dec 22, 2023
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Investors
Evergreen Investment Partners
& 1 more
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Employee Count
Employee Count
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Funding Insights of Movic Lab
Movic Lab has successfully raised a total of $1.15M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.15 million completed in December 2023. 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 Seed — $1.2M
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First Round
First Round
(22 Dec 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - Movic Lab | 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 Movic Lab
Movic Lab has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Evergreen Investment Partners and Korea Credit Guarantee Fund. 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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A Swiss-based platform focused on energy transition investments.
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Founded Year | Domain | Location | |
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Operates as a sector-agnostic accelerator for startups.
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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 Movic Lab
| 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 - Movic Lab
| 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 |
Movic Lab Comparisons
Competitors of Movic Lab
Movic Lab 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 Uptake, Infinite Uptime, Uptime AI, I-Care and SparkCognition, 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 |
Cloud-based predictive analytics platform is utilized for asset maintenance insights.
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| domain | founded_year | HQ Location |
AI-powered predictive maintenance solutions are provided for industrial equipment reliability.
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| domain | founded_year | HQ Location |
Provider of cloud based management solutions
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| domain | founded_year | HQ Location |
Predictive maintenance solutions are provided for industrial equipment.
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| domain | founded_year | HQ Location |
AI based platform offering predictive analytics solution
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| domain | founded_year | HQ Location |
Web-enabled solutions for asset operations and maintenance management are offered.
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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 Movic Lab
Frequently Asked Questions about Movic Lab
When was Movic Lab founded?
Movic Lab was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is Movic Lab located?
Movic Lab is headquartered in Incheon, South Korea.
Who is the current CEO of Movic Lab?
Wonkeun Lee is the current CEO of Movic Lab.
Is Movic Lab a funded company?
Movic Lab is a funded company, having raised a total of $1.15M across 1 funding round to date. The company's 1st funding round was a Seed of $1.15M, raised on Dec 22, 2023.
What does Movic Lab do?
Movic Lab was founded in 2018 in Incheon, South Korea, within the AI and manufacturing technology sector. Smart factory solutions are delivered through a platform that supports code-free customization. Chatbots are integrated with existing tech stacks to automate workflows and serve as extensions for sales and support teams. Operations focus on enhancing industrial automation and efficiency across various applications.
Who are the top competitors of Movic Lab?
Movic Lab's top competitors include UpKeep, Uptime AI and Infinite Uptime.
Who are Movic Lab's investors?
Movic Lab has 2 investors. Key investors include Evergreen Investment Partners, and Korea Credit Guarantee Fund.