Lbox Co., Ltd. announced that it has received a round of funding on December 20, 2022. As on same date, the company received its first tranche for KRW 18 billion. The transaction was led by SV Investment Corporation (KOSDAQ:A289080) and also included participation from The Korea Development Bank, Woori Venture Partners Co., Ltd (KOSDAQ:A298870) , Aju IB Investment Co., Ltd. (KOSDAQ:A027360), KB Investment Co., Ltd. and Partners Investment Co., Ltd..

The company expects to receive additional investments during January next year, increasing the size of Series B.