South Korean factory automation solutions startup JLT has successfully closed a Series A funding round, raising KRW 5.1 billion. The round was led by Stone Bridge Ventures, with contributions from the Korea Technology Finance Corporation (KIBO) and East Gate Partners. JLT specializes in supplying automation equipment for core components of electric vehicles and ships, working with major and medium-sized enterprises including Hyundai Motors, LG Magna, Semes, and Hyundai Robotics.

Unlike traditional welding and inspection equipment, JLT’s systems integrate AI with welding automation, tackling industry challenges such as quality maximization, process simplification, cost reduction, and productivity enhancement.

Now in its fifth year, JLT has surpassed KRW 10 billion in sales and continues to maintain sustainable operating profits. With the new funding, the company is set to advance its welding automation and integrated inspection systems, striving to become a market leader in the sector.

JLT has initiated operations of its automation solutions in major domestic companies and has extended its reach to facilities in North America and Eastern Europe. Leveraging these achievements, JLT is gearing up for a significant international expansion by 2025.

Dongyeol Choi, Investment Director at Stone Bridge Ventures, along with Team Manager Hyunho Jo, commented on the investment: “The COVID-19 pandemic highlighted the urgent need for unmanned automation. With the growing demand for green production processes like reduced carbon emissions and enhanced energy efficiency, JLT is well-positioned to supply automation solutions, expecting rapid growth and anticipating expansion both domestically and internationally.”

Jung Hyunwoo, CEO of JLT, stated, “JLT is committed to advancing beyond mere automation equipment manufacturing. By providing integrated automation solutions that meet global needs with our unique technology, we aim to replace imported equipment with domestically produced ones and maximize production efficiency. Our plans include expanding our market presence beyond the automotive and shipbuilding sectors into construction and broader industrial fields, with the goal of becoming a global leader in these areas.”