09 April 2020 | News
To pick up the pace on product releases and the company's expansion into the global market
South Korea based THE.WAVE.TALK, a member company of the Born2Global Centre, successfully attracted a funding of USD 2 million in early February from Yellowdog and Silicon Valley-based Big Basin Capital, bringing its accumulated total to approximately USD 6 million in funding. Existing investors include Bluepoint Partners, Naver, EstechPharma, and LB Investment (previously LG fund).
THE.WAVE.TALK, a startup that has developed its own live bacteria sensing and IoT water turbidity test technology, regards the funding as a round of bridge funding to pick up the pace on product releases and the company's expansion into the global market.
THE.WAVE.TALK CEO Kim Young-dug Kim said, "Out of this funding, we will construct a big data network that automatically measures the water quality of ordinary households through an IoT sensor. We will also dedicate even more effort to expanding this technology overseas."