Nearthlab

Seoul, South Korea Founded: 2015 • Age: 11 yrs
Autonomous drones for inspecting energy installations and infrastructure are developed.
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About Nearthlab

Nearthlab is a company based in Seoul (South Korea) founded in 2015.. Nearthlab operates in a competitive market with competitors including Flyability, Voliro, Raptor Maps, Above Surveying and Sensyn Robotics, among others.

  • Headquarter Seoul, South Korea
  • Sectors
    Aerospace, Defense & Maritime
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering
Key Metrics
  • Annual Revenue
    $1.47 M (USD)
    103
    as on Dec 31, 2022
  • Net Profit
    $-13.25 M (USD)
    35
    as on Dec 31, 2022
  • EBITDA
    $-13.24 M (USD)
    35
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
    Mirae Asset

    & 7 more

  • Employee Count
    Employee Count
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People of Nearthlab
Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Jayhyuk Choi
CEO & Co-founder
People
Youngjoo Kim
Lead Engineer
People
Youngsuk Chung
Co-founder & CTO
People
Ji Hoon Bai
Aerospace Engineer, Tech Lead

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Funding Insights of Nearthlab

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2022 Amount Series C - Nearthlab Valuation IMM Investment , NH Investment & Securities
Jul, 2020 Amount Seed - Nearthlab Valuation Company K Partners , FuturePlay
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 Nearthlab

Nearthlab has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Mirae Asset, NH Investment & Securities and SBI Investment Korea. 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
Growth stage companies are targeted for private equity investments.
Founded Year Domain Location
Venture capital firm investing in tech startups
Founded Year Domain Location
FuturePlay is engaged in startup investment and acceleration.
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 Nearthlab

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 - Nearthlab

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

Nearthlab Comparisons

Employees
+
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Competitors of Nearthlab

Nearthlab 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 Flyability, Voliro, Raptor Maps, Above Surveying and Sensyn Robotics, 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
Collision-tolerant drones are developed for indoor infrastructure inspections.
domain founded_year HQ Location
Provider of drones for inspections
domain founded_year HQ Location
Drone-based monitoring and inspection services for solar panels are provided.
domain founded_year HQ Location
AI and drone-based solar monitoring and analytics services are provided.
domain founded_year HQ Location
Provider of drone hub, related control software, and inspection solutions
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 Nearthlab

Frequently Asked Questions about Nearthlab

When was Nearthlab founded?

Nearthlab was founded in 2015 and raised its 1st funding round 5 years after it was founded.

Where is Nearthlab located?

Nearthlab is headquartered in Seoul, South Korea.

What is the annual revenue of Nearthlab?

Annual revenue of Nearthlab is $1.47M as on Dec 31, 2022.

What does Nearthlab do?

Nearthlab was founded in 2015 and is headquartered in Seoul, South Korea. Autonomous inspection drones are developed by the company for use in the energy and infrastructure sectors. Inspections of wind turbines, bridges, and dams are performed autonomously by these drones. Operations focus on enabling efficient monitoring without human intervention in challenging environments. The technology is applied to various industrial assets globally.

Who are the top competitors of Nearthlab?

Nearthlab's top competitors include Raptor Maps, Voliro and QuadSAT.

Who are Nearthlab's investors?

Nearthlab has 8 investors. Key investors include Mirae Asset, NH Investment & Securities, SBI Investment Korea, Company K Partners, and IMM Korea.

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