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§ Private Profile · Seoul, Seoul-t'ukpyolsi, South Korea
AI technology startup developing advanced hyperspectral AI equipment for quality control and food safety detection in the food sector.
ELROILAB is a Seoul, South Korea-based technology enterprise that develops advanced hyperspectral artificial intelligence solutions designed specifically for industrial quality control and automated detection applications. The organization designs, manufactures, and distributes AI-integrated imaging equipment engineered to address complex operational challenges in food safety, manufacturing quality assurance, and specialized scientific research environments. Operating primarily within the agricultural and commercial food processing sectors, the company provides specialized optical systems capable of identifying microscopic foreign objects, chemical anomalies, and physical contaminants in raw food materials. Currently operating as an incubator and accelerator-stage startup, the firm has successfully secured a total of $4.95 million in venture funding to support the ongoing commercialization and deployment of its proprietary hyperspectral hardware and software platforms. ELROILAB was officially established during the calendar year of 2020 by founder and chief executive officer Kwangseon Yoo.
ELROILAB has raised $4.0M across 1 funding round.
ELROILAB has raised $4.0M in total across 1 funding round.
ELROILAB has raised $4.0M in total across 1 funding round.
ELROILAB's investors include Woori Venture Partners, ETRI Holdings, Magna Investment, Shinhan Capital.
ELROILAB has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Series A in January 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 23, 2024 | $4M Series A | Woori Venture Partners | Etri Holdings, Magna Investment, Shinhan Capital | Announced |