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Investments

30

About Bridge Alliance Partners

Bridge Alliance Partners is a venture capital firm in South Korea.

Bridge Alliance Partners Headquarter Location

36, Teheran-ro 87-gil, Gangnam-gu City Air Tower 24F, Room #2423

Seoul, 06164,

South Korea

+82 02-567-0406

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Latest Bridge Alliance Partners News

Aionco picks up 3 billion won in venture capital for global beauty products service

Oct 31, 2017

Aionco , a startup that offers beauty product outsourcing and global logistics solutions, has landed 3 billion won (USD $2.6m) in Series A funding from Sejong Telecom, Bridge Alliance Partners and Ghost Holdings. Founded in 2015, the company has now raised a total of more than 4.5 billion won in venture capital. Aionco currently provides logistics and sourcing for 2000 types of cosmetic products to 600 e-commerce sites in 55 countries. Its new platform, AFS (Aionco Fulfillment Service) Mall, was also launched earlier this year and has brought in 1 billion won in revenue from China, Japan, South East Asia and Europe in a short space of time. Financial growth continues to rise for the company, increasing by 300% compared to the same period last year. “Making direct purchases from overseas via ecommerce is becoming more common around the world,” says Aionco CEO Justin Jun. “Cosmetic products in particular make up a large part of sales in Asia, and our goal is to grow AFS, Aionco’s logistics and distribution service, as a necessary solution for international purchases in the region.” Aionco says that it plans to use the latest funding to bolster its AFS solution, in addition to sourcing beauty products from other countries and implementing a last-mile fulfillment service.

Bridge Alliance Partners Investments

30 Investments

Bridge Alliance Partners has made 30 investments. Their latest investment was in Butfit Seoul as part of their Series C on May 5, 2022.

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Bridge Alliance Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/30/2022

Series C

Butfit Seoul

$2.41M

No

3

5/12/2022

Seed VC - III

entcrowd

$0.93M

No

1

5/2/2022

Seed VC

Pilleye

Yes

2

3/3/2022

Series B

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$99M

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10

2/10/2022

Series B

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$99M

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10

Date

5/30/2022

5/12/2022

5/2/2022

3/3/2022

2/10/2022

Round

Series C

Seed VC - III

Seed VC

Series B

Series B

Company

Butfit Seoul

entcrowd

Pilleye

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Amount

$2.41M

$0.93M

$99M

$99M

New?

No

No

Yes

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Co-Investors

Sources

3

1

2

10

10

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