About The Invention Lab
The Invention Lab is a company based in Seoul (South Korea). It operates as a Professional Services, and Commission-Based. The Invention Lab has completed 1 acquisition, including BNJ Biopharma. The Invention Lab offers products and services including Startup Acceleration, Seed Investment, and Open Innovation Programs.
- Headquarter Seoul, South Korea
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Sectors
Financial Services
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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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Latest Funding Round
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- Investments & Acquisitions
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Products & Services of The Invention Lab
The Invention Lab offers a comprehensive portfolio of products and services, including Startup Acceleration, Seed Investment, and Open Innovation Programs. 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.
Startup acceleration services are provided for early-stage companies.
Seed investments are made in promising startup ventures.
Open innovation programs are facilitated for corporate collaboration.
Funding Insights of The Invention Lab
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by The Invention Lab
The Invention Lab has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BNJ Biopharma. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI-based anti-cancer drugs are developed using tumor diversity data.
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2021 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - The Invention 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 |
The Invention Lab Comparisons
Competitors of The Invention Lab
| 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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Frequently Asked Questions about The Invention Lab
Where is The Invention Lab located?
The Invention Lab is headquartered in Seoul, South Korea.
What does The Invention Lab do?
The Invention Lab is established as a key player in startup acceleration and seed investment, focusing on connecting corporations with startups through open innovation programs. Operations are centered in South Korea with a strong presence in Vietnam and the broader Southeast Asia market. Investments are made in sectors such as Consumer Tech, Digital Healthcare, Vertical O2OOn-demand Services, and SaaS. Support is provided to early-stage startups through dedicated investment funds and corporate collaborations, facilitating rapid growth and market entry. Additionally, corporate venturing and company-building initiatives are undertaken to foster innovation ecosystems with major enterprises.
What products or services does The Invention Lab offer?
The Invention Lab offers Startup Acceleration, Seed Investment, and Open Innovation Programs.
How many acquisitions has The Invention Lab made?
The Invention Lab has made 1 acquisition, including BNJ Biopharma.