Hello, this is the MVL Team.
We are pleased to announce that MVL has raised 3.5 billion KRW in the bridge round.
MVL scores 3.5 billion KRW bridge round
After successful raise in Series A investment, MVL has raised 3.5 billion KRW (approximately 3.1 million USD) in bridge investment.
Leading the round is Shinhan Bank, with co-investment from Iloom and Samkee Automotive.
The funding brings MVL’s total funding up to 10 billion.
Please check out the related article via the link below.
https://ewhk4.app.goo.gl/QJVZ
Investor introduction
About Shinhan Bank:
Shinhan Bank is part of the Shinhan Financial Group and is one of the largest commercial banks in Korea.
About iloom:
Iloom is a leading brand in Korea specialising in Home Furniture. Ilom has won the internationally renowned iF Design Award and the Red Dot Design, as well as Japan’s Good Design Award and IDEA awards of America in 2018.
About Samkee Automotive:
Samkee Automotive is a specialist in aluminum die casting. It has been supplying automotive die-cast parts to Hyundai-Kia, Volkswagen, and LG Group.
Future plans
The new funding will be used to develop capabilities to provide more innovative services.
MVL will not only accelerate the growth of TADA, a ride-hailing service in three countries in Southeast Asia,
but also expand its business to new sectors such as logistics and retail finance.
In addition, MVL plans to focus more on the development of the mobility ecosystem based on blockchain protocols as well as expanding the use of MVL.
Thank you.
Trust-driven MVL
Hello, this is the MVL Team.
We are pleased to announce that MVL has raised 3.5 billion KRW in the bridge round.
MVL scores 3.5 billion KRW bridge round
After successful raise in Series A investment, MVL has raised 3.5 billion KRW (approximately 3.1 million USD) in bridge investment.
Leading the round is Shinhan Bank, with co-investment from Iloom and Samkee Automotive.
The funding brings MVL’s total funding up to 10 billion.
Please check out the related article via the link below.
Investor introduction
Shinhan Bank is part of the Shinhan Financial Group and is one of the largest commercial banks in Korea.
Iloom is a leading brand in Korea specialising in Home Furniture. Ilom has won the internationally renowned iF Design Award and the Red Dot Design, as well as Japan’s Good Design Award and IDEA awards of America in 2018.
Samkee Automotive is a specialist in aluminum die casting. It has been supplying automotive die-cast parts to Hyundai-Kia, Volkswagen, and LG Group.
Future plans
The new funding will be used to develop capabilities to provide more innovative services.
MVL will not only accelerate the growth of TADA, a ride-hailing service in three countries in Southeast Asia,
but also expand its business to new sectors such as logistics and retail finance.
In addition, MVL plans to focus more on the development of the mobility ecosystem based on blockchain protocols as well as expanding the use of MVL.
Thank you.
Trust-driven MVL