Mapping technology startup Dabeeo raised USD 2.5M for indoor mapping services

Dabeeo

Founder:Ju-Heum Park

Founded in:2012

Financing status:2017-08-30 Series A, ₩2,500,000,000

Dabeeo, a startup that researches and develops mapping technology, has raised investment from Mirae Asset – Naver fund, and other investors. The total investment amount is USD 2.5M, with USD 2M from Mirae Asset – Naver fund and USD 500K from SJ Investment Partners (CEO, Kang-Hoon Yoon). After launching their service in February 2012, Dabeeo has been providing mobile mapping services, map APIs, location-based big data services, and more. Since 2015, their company has expanded to provide indoor mapping services and is offering mapping solutions to Korean shopping malls like Starfield Hanam, Starfield COEX, and others.

Ju-Heum Park, CEO of Dabeeo, stated, “We plan to accelerate the ongoing research and development activities by creating the next-generation map data technology that directly produces map source data, as well as advancing the technology for indoor map data for autonomous mobile robots and control systems”.

Dabeeo will be able to commercialize guidance technology for autonomous mobile robots and vehicles in the global market in the near future, by introducing a robot equipped with the next generation Dabeeo map by early 2018. This technology will enable them to have a competitive advantage in the global market as well. This is the third investment round for Dabeeo, after having received investment from Bon Angels Partners in 2015 and from SBA in 2016.

(Photo from Platum)

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This article, entitled “Mapping technology startup Dabeeo raised USD 2.5M for indoor mapping services”, was written in Korean by Minjung Kim of Platum, edited by AllTechAsia.

Minjung Kim
Minjung Kim

Minjung Kim is a manager of Platum and she writes for AllTechKorea. She wishes to share practical knowledge that is necessary for startups.

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