Korea South
VIRNECT, a KOSDAQ-listed company, founded in 2016, is pioneering the improvement of safety and work efficiency in the industrial field through its innovative AR technology. The company's slogan "Virtually Connected Knowledge" encapsulates its mission to revolutionize industrial processes through intuitive communication and efficient working.
The recent KRW30.00B Series B investment on 05 January 2022 has brought in a consortium of prominent investors including KB Investments, KTB Network, Lotte Ventures, STIC, KDB Bank Europe, and Hanwha Holdings. This significant investment reflects a strong confidence in VIRNECT's potential for global expansion and technological advancement.
VIRNECT's success stories with industry giants such as LG Chemical, Samsung Electronics, KEPCO, and KAC as well as its collaborations with various branches of the Korean Central Government, highlight the company's proven track record and wide-reaching impact within the industrial sector.
With offices in the US and Austria, VIRNECT is accelerating its global presence and driving the adoption of AR technology to address the challenges faced by industrial enterprises. The company's AR technology enables the display of information without space constraints, thereby leading to improved effectiveness and safety in industrial tasks.
