On July 3, South Korean blockchain firm ICONLOOP announced it raised 6 billion won ($5 million) led by TS Investment and Korea Asset Investment Securities.
The company positioned this as a “bridge investment” rather than an extension of the company’s Series A round, which raised 10 billion won ($8.3 million) in October last year, bringing the total capital raised to 16 billion won ($13.4 million).
The full list of investors includes the Korea Growth Investment Corporation (K-Growth), Kiwoom Investment, Danal Holdings, K-Clavis Investment, TS Investment, Korea Asset Investment Securities, and Pathfinder H.
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