ulalaLAB logo — Happiness Driven by Technology

ulalaLAB

Happiness Driven by Technology

Founded 2011 Korea South Korea South 15 employees Series A Total: $902.60M Automation, Enterprise Software +5

General Information

Company Name ulalaLAB
Founded Year 2011
Location Korea South Korea South +1
Employees 15
Industries Automation, Enterprise Software, Hardware +4
Funding Stage Series A
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About ulalaLAB

is a South Korean startup specializing in IIoT, SaaS, and Machine Learning technologies. The company develops, manufactures, and sells affordable and easy to implement IoT Smart Factory platform with AI-based industrial big data analytics for small and medium-sized enterprise manufacturers both in Korea and abroad. Their flagship product, 'WimFactory,' simplifies the transformation of SME factories into Industry 4.0 standards by using self-developed IIoT Devices 'Wicon' which operates on plug and play technology. The platform, combined with Cloud Platform and Machine Learning capabilities, enables factories to access real-time data, enhancing quality control over factory operations without the need to change production line equipment or retrain employees. The company's strategic partnerships with institutions like UNIST and Sogang University, and businesses such as Tata Group and Atlas Copco, demonstrate its commitment to technological innovation and collaboration. Additionally, ulalaLAB has garnered a solid customer base, counting companies like Nike, Adidas, and Hanhwa Power Systems among its main clients. In 2011, ulalaLAB lays its foundation and recently received a Series A investment in November 2020 from Hanwha Investment, Kingo Investment Partners, Hyundai Technology Investment, and Hi Investment Partners. With a happiness-driven approach and a focus on human-centered technology, ulalaLAB is poised for continued growth and success in the industrial technology sector.

Taxonomy: IIoT, Smart Factory, IoT Device, Cloud Platform, Big Data Analytics, Industry 4.0, Digitalization

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 4
Investor Investor
•••• ••••
02 Nov 2020
Series A •••••• 2
Investor
•••• ••••
25 Apr 2018
Seed Round •••••• 1 •••• •••• 10 Aug 2017
Seed Round •••••• 2
Investor
•••• ••••
20 Dec 2016
Pre Seed Round •••••• 1
Investor
01 Feb 2016

View All 6 Funding Rounds

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FAQ About ulalaLAB

Happiness Driven by Technology
ulalaLAB was founded in 2011.
ulalaLAB is headquartered in Korea South.
ulalaLAB operates in the following industries: Automation, Enterprise Software, Hardware, Information Technology, IoT, SaaS, Machine Learning.
ulalaLAB has approximately 15 employees.
ulalaLAB has completed 6 funding rounds, raising a total of $902.60M. The latest funding stage is Series A.
Top alternatives and competitors to ulalaLAB include Kneo Automation Pvt Ltd, TRIOS TECHNOLOGIES PVT LTD, Cantier Systems, CLOUDGPT. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ulalaLAB and Kneo Automation Pvt Ltd 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.

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