Stallion, Inlight, SV Invest, IBK Capital, and SGC Partners Participate
Yeonsin Clip Leads Localization, Enhancing Presence in the Industry
TCMS, a specialized company in separator stretching clips that domestically localized the separator stretching clips for the first time in Korea (fourth in the world), which had previously relied entirely on imports, has successfully completed a Series B investment round worth 15 billion KRW. Business expansion is expected to gain momentum.
According to the investment banking (IB) industry on the 7th, TCMS recently closed the Series B round. Stallion Partners, Inlight Ventures, SV Investment, IBK Capital, and SGC Partners participated in this round. SV Investment led the round by investing 6 billion KRW.
Previously, during the Series A round last year, POSCO Technology Investment, Hi Investment Partners, and Inlight Ventures invested. Inlight Ventures has established itself as a reliable partner by following on from Series A to Series B.
Founded in March 2020, TCMS develops stretching clips with high precision, durability, and structural stability that enable the shaping and uniformity of separator pores, providing them to separator manufacturers. The business is divided into stretching clips, equipment manufacturing, and production.
To manufacture separator equipment with higher performance than existing separators, TCMS has recruited top technicians and engineers from separator equipment companies and is preparing to develop and commercialize special clips such as electronic control simultaneous biaxial stretching, which is the world’s leading technology.
In the short term, TCMS aims to lead the separator stretching clip market. In the long term, it plans to develop equipment capable of producing next-generation separators and to engage in separator coating business. After establishing a joint research and development cooperation system for separator and film production parts with Gyeongbuk Technopark, TCMS also attracted attention as an innovative company in the region by winning the Gyeongbuk Startup Innovation Award.
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