About SUALAB
SUALAB is a company based in Seoul (South Korea) founded in 2013 by Bora Lee was acquired by Cognex in October 2019. SUALAB has raised $23.7 million across 3 funding rounds from investors including Cognex, Samsung Venture Investment and Stonebridge Capital. SUALAB operates in a competitive market with competitors including Cogniac, Inspekto, Beijing Achu Technology, EthonAI and STEMMER IMAGING, among others.
- Headquarter Seoul, South Korea
- Founders Bora Lee
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TechnologyIndustrial Goods & Manufacturing
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Funding Insights of SUALAB
SUALAB has successfully raised a total of $23.7M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $16.2 million completed in April 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.
Investors in SUALAB
SUALAB has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Cognex, Samsung Venture Investment and Stonebridge Capital.
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Early-stage tech and life sciences focused VC & PE firm
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Early-stage venture capital is provided by Korean firm InterVest.
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Tech startups are funded through venture capital by Intops Investment.
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Investor details for SUALAB
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Investments & Acquisitions by SUALAB
Investment portfolio details for SUALAB
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Financial Statements - SUALAB
Detailed financials for SUALAB
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Sualab Comparisons
Peer comparison for SUALAB
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Competitors of SUALAB
SUALAB 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 Cogniac, Inspekto, Beijing Achu Technology, EthonAI and STEMMER IMAGING, among others.
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AI-based platform is utilized for managing visual operations in businesses.
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Autonomous machine vision systems for quality inspection are provided.
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Industrial AI vision software and hardware solutions are provided.
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Diversified AI services are provided by Ethon from Switzerland.
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Machine vision technology is supplied for science and industrial uses.
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Remote-sensing and machine vision solutions for industrial inspections are provided.
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Detailed competitors of SUALAB
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Latest news on Sualab
Complete news archive for SUALAB
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Frequently Asked Questions about SUALAB
SUALAB was founded in 2013 and raised its 1st funding round 3 years after it was founded.
SUALAB is headquartered in Seoul, South Korea.
Eric Eungjin Moon is the current CEO of SUALAB.
SUALAB is a funded company, having raised a total of $23.7M across 3 funding rounds to date.
SUALAB was founded in 2013 in Seoul, South Korea. AI-based machine inspection solutions are delivered to sectors such as electronics, automotive, chemical, and food beverages. Operations center on SuaKIT, a deep learning machine vision software that enables segmentation, classification, detection, single image analysis, image comparison, multi-image analysis, and one class learning. Clients including Samsung, LG, Hanwha, Posco, and KAC are supported.
SUALAB's top competitors include Jidoka, Headwall Photonics and Cogniac.
SUALAB has 8 investors. Key investors include Cognex, Samsung Venture Investment, Stonebridge Capital, DS Asset, and InterVest.