System Semiconductor Startup Unicon Raises 10 Billion KRW in Series A Funding

Led by Doosan Investment... Participation of Existing Investors

System semiconductor startup Unicon announced on the 18th that it has successfully raised 10 billion KRW in Series A funding.

Unicon is a wireless communication semiconductor startup developing next-generation transmission solutions that replace traditional conductor-based connectors and cables. This investment round was led by Doosan Investment, with participation from Hanwha Investment & Securities, SV Investment, and existing investor LNS Venture Capital.

Unicon is developing transmission solutions that enable ultra-high-speed data transmission and reception with excellent signal quality by utilizing semiconductor integrated circuit design technology and electromagnetic wave-related technology. Following the release of engineering samples, the company is accelerating preparations for mass production supply.

Unicon is collaborating with manufacturers of robotic arms, home appliances, and smartphones. They have successfully conducted PoCs (Proof of Concept) with clients by resolving electrical and operational issues that occur when using existing transmission lines for high-speed signal transmission, and some customers have requested mass production supply.

Through this investment, Unicon plans to focus on mass production supply and product commercialization to meet customer demands. Kim Young-dong, CEO of Unicon, stated, "This investment is the result of the recognition of the hard work of our employees who possess successful mass production supply experience and expertise, reflected in our technology and marketability. We will also do our best to develop follow-up products that solve various customer challenges while further strengthening our global competitiveness with strategic investors."