Lix Solution Co.,Ltd. announced that it has received KRW 40 billion in funding from Sea Air Investment Association, Lee & Lee Partners Co,. Ltd and other investors
November 29, 2021
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On November 30, 2021, Lix Solution Co.,Ltd. closed the transaction. The company has received KRW 5,000,000,000 in its second and final tranche closing. The transaction included participation from Leaders New Technology Investment Association for KRW 10,000,000,000, Leaders New Technology Investment Association 2 for KRW 5,000,000,000 and Lee & Lee Partners Co,. Ltd for KRW 20,000,000,000.
Kwangmu Co Ltd, formerly Lix Solution Co Ltd, is a Korea-based company mainly engaged in the provision of network and system integration services. The Company operates its business through five segments. The Network Business segment is engaged in system construction and development business such as service infrastructure design and customer-customized system development. The Maintenance Business segment provides network integrated maintenance services. The Information Technology Outsourcing (ITO) Business segment provides network equipment rental services. The Other Business segment provides 3D cinema systems and 3D camera systems and engages in real estate rental business. The Semiconductor Distribution segment distributes products related to memory semiconductors and provides smart solutions.
Lix Solution Co.,Ltd. announced that it has received KRW 40 billion in funding from Sea Air Investment Association, Lee & Lee Partners Co,. Ltd and other investors