DragonX announced that it has received KRW 12.0302 billion in funding from JS Corporation, Seoul Investment Partners Co.,Ltd, Quantum Ventures Korea, Shinhan Capital, Investment Arm, Wonik Investment Partners Co., Ltd., DEVSISTERS VENTURES Corp. and another investor
July 15, 2020
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On July 16, 2020, DragonX closed the transaction. The company amended the terms of the transaction. The company has raised KRW 12,030,200,000 ($10,000,000) in funding round. The transaction included participation from JS Corporation (KOSE:A194370), Seoul Investment Partners Co.,Ltd, Quantum Ventures Korea, Shinhan Capital, Investment Arm, Wonik Investment Partners Co., Ltd. and DEVSISTERS VENTURES Corp.
JS Corporation is a Korea-based company primarily engaged in the manufacture and distribution of fashion products. The Company provides handbags under the brands of BURBERRY, KATE SPADE, GUESS, MICHAEL KORS, DKNY, HENRI BENDEL, RALPH LAUREN and EVERLANE as well as handbag materials. In addition, the Company also involves in the real estate leasing business. The Company distributes its products within domestic market and to overseas markets. The Company merged its subsidiary CHO LTD. on September 30, 2014.
DragonX announced that it has received KRW 12.0302 billion in funding from JS Corporation, Seoul Investment Partners Co.,Ltd, Quantum Ventures Korea, Shinhan Capital, Investment Arm, Wonik Investment Partners Co., Ltd., DEVSISTERS VENTURES Corp. and another investor