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Elroilab logo — Elroilab combines AI deep learning SW with hyperspectral tec...

Elroilab

Elroilab combines AI deep learning SW with hyperspectral technology HW to provide a quality control solution.

Founded 2020 Korea South Korea South 20 employees Series A Total: $15.50B AI, Food and Beverage

General Information

Company Name Elroilab
Founded Year 2020
Location Korea South Korea South
Employees 20
Industries AI, Food and Beverage
Funding Stage Series A
Business Model B2B, SaaS, DaaS
Revenue Model Product Sales, Subscription, Consulting Fee
Social

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About Elroilab

Elroilab, founded in 2020, is a pioneering company at the intersection of the AI and Food and Beverage industries. Headquartered in Korea South, the company has developed a reputation for innovating solutions that use a combination of AI deep learning software and hyperspectral technology hardware for advanced quality control.

Positioned with the slogan, "Elroilab combines AI deep learning SW with hyperspectral technology HW to provide a quality control solution," the firm focuses on delivering systems that see beyond human capabilities. Their technology is tailored to enhance automation processes, a growing need in various industrial sectors.

The company's last known funding was a substantial Series A round amounting to KRW9.00 billion on 01 January 2025. Elroilab is an attractive option for investors interested in cutting-edge AI applications, especially within the vital food safety realm.

Taxonomy: AI Deep Learning, Hyperspectral Technology, Quality Control, Food Safety, Inspection Technology, Foreign Object Detection, Imaging Solutions, Food and Beverage Industry, Spectral AI, Technology for Food Processing, Industrial Inspection, Advanced Vision Systems

Services & Products

Development of new technologies for spectral analysis
Automation solutions in food production
Comprehensive research and development in AI-led imaging
Consulting services for AI and optical solutions
Provision of spectral imaging technologies

Target Customers

Food industry companies seeking automation solutions Research institutions engaged in advanced imaging technology Enterprises seeking AI-enhanced inspection systems Organizations seeking environmental technology integration Businesses looking for consulting in spectral AI applications

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series A KRW9.00B -
01 Jan 2025
Series A KRW5.00B 6
Korea Investment Partners Magna Investment Shinhan Capital
Korea Investment Partners, Magna Investment +4
01 Jan 2024
Seed KRW1.50B 4
Daedeok Venture Partners Magna Investment
Daedeok Venture Partners, Magna Investment +2
01 Aug 2022
Seed Undisclosed 1
CNT Tech
CNT Tech
01 Nov 2021

Elroilab Alternatives & Competitors

Elroilab vs
YORAN Imaging
YORAN Imaging Israel

100% in-line quality control of heat sealing process and monitor products humidity utilizing thermal...

Seed
17 employees
AI, Automation
Elroilab vs
Journey Foods
Journey Foods United States

Technology that improves product data and supply chain inefficiencies in order to feed 8 billion peo...

Venture round
12 employees
AI, Automation

FAQ About Elroilab

Elroilab combines AI deep learning SW with hyperspectral technology HW to provide a quality control solution.
Elroilab was founded in 2020.
Elroilab is headquartered in Korea South.
Elroilab operates in AI and Food and Beverage. Its work centres on AI Deep Learning, Hyperspectral Technology, Quality Control and Food Safety. Its customers include Food industry companies seeking automation solutions, Research institutions engaged in advanced imaging technology and Enterprises seeking AI-enhanced inspection systems.
Elroilab has a B2B, SaaS and DaaS business model. Its revenue comes from Product Sales, Subscription and Consulting Fee.
Elroilab has approximately 20 employees.
Elroilab has completed 4 funding rounds, raising a total of $15.50B. The latest funding stage is Series A.
Elroilab offers: Development of new technologies for spectral analysis, Automation solutions in food production, Comprehensive research and development in AI-led imaging, Consulting services for AI and optical solutions, Provision of spectral imaging technologies.
Top alternatives and competitors to Elroilab include YORAN Imaging, Journey Foods. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Elroilab and YORAN Imaging are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Elroilab, https://bouncewatch.com/company/elroilab, updated 6 April 2026. When citing, please name BounceWatch and link this page.

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