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§ Private Profile · Seoul, Seoul-t'ukpyolsi, South Korea
Automotive and mobility cybersecurity solutions provider securing V2X, in-vehicle systems, and EV charging for connected and autonomous vehicles.
AUTOCRYPT is a Seoul, South Korea-based technology company that provides automotive cybersecurity solutions for connected, autonomous, and software-defined vehicles. The enterprise develops software and testing tools that secure Vehicle-to-Everything (V2X) communications, in-vehicle networks, and electric vehicle charging infrastructure while ensuring compliance with international regulatory standards like ISO/SAE 21434 and WP.29. To support its global expansion and product development across regional offices in Munich, Germany, and North America, the organization has raised more than $30 million in total capital, including a $25.5 million Series B funding round that officially closed in May 2022. The mobility software company operates as a spin-off from enterprise security firm Penta Security Systems and is backed by institutional investors such as Shinhan Venture Investment and Korea Asset Investment Securities. AUTOCRYPT was founded in 2019 by Seokwoo Lee and Daniel ES Kim.
AUTOCRYPT has raised $38.5M across 2 funding rounds.
AUTOCRYPT has raised $38.5M in total across 2 funding rounds.
AUTOCRYPT has raised $38.5M in total across 2 funding rounds.
AUTOCRYPT's investors include BSK Investment, Hyundai Venture Investment, JB Asset Management, Korea Asset Investment Securities, Pathfinder H, Shinhan Venture Investment, STIC Ventures, Ulmus Investment, Industrial Bank of Korea, KB Investment, Korea Asset.
AUTOCRYPT has raised $38.5M across 2 funding rounds. Most recently, it raised $25.5M Series B in May 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 27, 2022 | $25.5M Series B | — | BSK Investment, Hyundai Venture Investment, JB Asset Management, Korea Asset Investment Securities, Pathfinder H, Shinhan Venture Investment, Stic Ventures, Ulmus Investment | Announced |
| Feb 9, 2021 | $13M Series A | — | Hyundai Venture Investment, Industrial Bank OF Korea, KB Investment, Korea Asset, Pathfinder H, Ulmus Investment | Announced |