About Schneetech
Schneetech is a company based in Mokpo (South Korea) founded in 2023.. Schneetech has raised $144.25 thousand across 3 funding rounds from investors including KAIST Youth Startup Investment Holdings, Yuhan-Kimberly and Kingsley Ventures. Schneetech offers products and services including Smart Aquaculture Monitoring System and Custom Electronic Sensors.
- Headquarter Mokpo, South Korea
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Sectors
Agriculture
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Phone
*********
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Website
*********
- Legal Name Shunitech Co., Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$144.25 K (USD)
in 3 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Schneetech
Schneetech offers a comprehensive portfolio of products and services, including Smart Aquaculture Monitoring System and Custom Electronic Sensors. 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.
Monitoring systems are used in aquaculture for environmental tracking and waste management.
Sensors are applied in smart farming to address issues like oyster shell waste.
Funding Insights of Schneetech
Schneetech has successfully raised a total of $144.25K across 3 strategic funding rounds. 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 Last Round
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First Round
First Round
(16 Apr 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Seed - Schneetech | Valuation | KAIST Youth Startup Investment Holdings |
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| Jul, 2024 | Amount | Seed - Schneetech | Valuation |
investors |
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| Apr, 2024 | Amount | Seed - Schneetech | 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 Schneetech
Schneetech has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include KAIST Youth Startup Investment Holdings, Yuhan-Kimberly and Kingsley Ventures. 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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Founded Year | Domain | Location | |
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Venture capital investments are provided by Kingsley Ventures.
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Founded Year | Domain | Location | |
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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 Schneetech
| 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 - Schneetech
| 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 |
Schneetech Comparisons
Competitors of Schneetech
| 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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Frequently Asked Questions about Schneetech
When was Schneetech founded?
Schneetech was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Schneetech located?
Schneetech is headquartered in Mokpo, South Korea. It is registered at Mokpo, South Jeolla, South Korea.
Who is the current CEO of Schneetech?
Seungho Jeong is the current CEO of Schneetech.
Is Schneetech a funded company?
Schneetech is a funded company, having raised a total of $144.25K across 3 funding rounds to date. The company's 1st funding round was a Seed of $144.25K, raised on Apr 16, 2024.
What does Schneetech do?
Schneetech was established in 2023 as a provider in the aquaculture and fisheries technology sector. Monitoring systems for aquaculture operations are developed and supplied, along with optical sensors and smart equipment for fisheries applications. Services encompass equipment deployment and support to enhance monitoring and management in these fields. Focus remains on technological solutions tailored to industry needs, with operations based in South Korea.
What products or services does Schneetech offer?
Schneetech offers Smart Aquaculture Monitoring System and Custom Electronic Sensors.
Who are Schneetech's investors?
Schneetech has 3 investors. Key investors include KAIST Youth Startup Investment Holdings, Yuhan-Kimberly, and Kingsley Ventures.