About POSCORE
POSCORE is a company based in Pohang (South Korea) founded in 2023.. POSCORE has raised $1.39 million across 2 funding rounds from investors including Capstone Partners, D.CAMP and Center for Creative Economy and Innovation. POSCORE offers products and services including Magnetic Powder and Motor Core. POSCORE operates in a competitive market with competitors including Ziehl-Abegg, TSUYO, Linear Labs, Chara and Revoh, among others.
- Headquarter Pohang, South Korea
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Sectors
Transportation, Automotive & Logistics
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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
$1.39 M (USD)
in 2 rounds
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Latest Funding Round
$640.1 K (USD), Seed
Nov 15, 2024
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Investors
Capstone Partners
& 4 more
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Employee Count
Employee Count
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Products & Services of POSCORE
POSCORE offers a comprehensive portfolio of products and services, including Magnetic Powder and Motor Core. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Recycled steel-based powder for efficient motor production
Advanced core for electric vehicle motors using powder technology
Funding Insights of POSCORE
POSCORE has successfully raised a total of $1.39M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $640.1 thousand completed in November 2024. 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 2
- Last Round Seed — $640,102
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First Round
First Round
(29 Jan 2024)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Seed - POSCORE | Valuation | Capstone Partners , D.CAMP |
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| Jan, 2024 | Amount | Seed - POSCORE | Valuation | Korea Investment Accelerator |
| 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 POSCORE
POSCORE has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Capstone Partners, D.CAMP and Center for Creative Economy and Innovation. 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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South Korean tech firms are invested in by Capstone Partners.
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Founded Year | Domain | Location | |
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Startup support is provided through incubation, funding, and workspaces.
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Founded Year | Domain | Location | |
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Startup acceleration services are provided by Korea Investment Accelerator.
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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 POSCORE
| 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 - POSCORE
| 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 |
Poscore Comparisons
Competitors of POSCORE
POSCORE 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 Ziehl-Abegg, TSUYO, Linear Labs, Chara and Revoh, 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 |
Automotive motors are manufactured by Ziehl-Abegg in Germany.
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| domain | founded_year | HQ Location |
BDLC motors and controllers for electric three-wheelers are developed.
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| domain | founded_year | HQ Location |
Developer of electric motors for EVs
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| domain | founded_year | HQ Location |
Manufacturer of motors for electric vehicles
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| domain | founded_year | HQ Location |
End-to-end hardware and software solutions for electric vehicles are provided.
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| domain | founded_year | HQ Location |
Electric motors for diverse electric vehicles are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Poscore
Frequently Asked Questions about POSCORE
When was POSCORE founded?
POSCORE was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is POSCORE located?
POSCORE is headquartered in Pohang, South Korea. It is registered at Pohang, North Gyeongsang Province, South Korea.
Who is the current CEO of POSCORE?
Hyungjin Kim is the current CEO of POSCORE.
Is POSCORE a funded company?
POSCORE is a funded company, having raised a total of $1.39M across 2 funding rounds to date. The company's 1st funding round was a Seed of $747.37K, raised on Jan 29, 2024.
What does POSCORE do?
POSCORE was founded in 2023 in Pohang, South Korea, within the electric vehicle sector. Motors designed for electric vehicles are produced, with a focus on non-permanent magnet synchronous types and magnetic powder components. Operations center on research and manufacturing processes tailored to automotive applications. The company is led by CEO Hyungjin Kim, supporting advancements in EV propulsion technology.
Who are the top competitors of POSCORE?
POSCORE's top competitors include TSUYO, Zepco Technologies and Linear Labs.
What products or services does POSCORE offer?
POSCORE offers Magnetic Powder and Motor Core.
Who are POSCORE's investors?
POSCORE has 5 investors. Key investors include Capstone Partners, D.CAMP, Center for Creative Economy and Innovation, Korea Investment Accelerator, and HYU Holdings.