FUST Lab has successfully secured 2.32 million USD in Pre-Series A funding.
The investment was led by Enlight Ventures, D.Camp, INNOX (INEX), IBK Bank, and KDB Bank.
With this funding, FUST Lab plans to accelerate its entry into the domestic and Japanese markets for its emulsification and dispersion equipment, DEBREX.
Additionally, the company plans to prepare to release its microbubble advanced oxidation process equipment, CAVITOX.
Finally, with CAVITOX, FUST Lab will begin marketing efforts in Europe and seek local partners.
Related press (Korean): https://news.mt.co.kr/mtview.php?no=2024091215103839809