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Corporation
CONSUMER PRODUCTS & SERVICES | Consumer Electronics
kr.humaxdigital.com

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Investments

18

Partners & Customers

10

About HUMAX

HUMAX (KOSDAQ: 115160) is a consumer electronics company that manufactures set-top boxes, digital video recorders, and other consumer electronics.

HUMAX Headquarter Location

Seoul,

South Korea

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HUMAX Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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HUMAX Rank

Research containing HUMAX

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CB Insights Intelligence Analysts have mentioned HUMAX in 1 CB Insights research brief, most recently on Nov 10, 2021.

Latest HUMAX News

Humax Acquires Jeju Electric Vehicle Service

Mar 15, 2022

Humax Acquires Jeju Electric Vehicle Service Mar 15, 2022 Humax will acquire Jeju Electric Vehicle Service to expand its electric vehicle charging business. Jeju Electric Vehicle Service is a charging service company in Jeju with 2,000 slow chargers (7㎾h) operation. The company was established in 2013 with a joint investment of KRW 700 million by POSCO ICT and Daekyung Engineering. The total sales in the charging service market was KRW 2.4 billion last year. Humax has already taken over Daeyoung Chaevi (manufacturing/service), Easy Charger (maintenance/control center), PSN (development), and Charzin (system). It was interpreted that the acquisition of Jeju Electric Vehicle Service is an attempt to expand its presence in the charging service market. The estimated amount of acquisition cost is KRW 10 billion. Humax has acquired businesses related with charging since 2019. It is capable of manufacturing and producing chargers to service operation and management systems, service networks, and construction businesses. Its strategy is to create a synergy effect by combining the mobility business such as a parking lot promoted by Humax Group along with the charging business. There is a controversy over the acquisition of Jeju Electric Vehicle Service regarding installation and operation of the chargers using national subsidies. Rep. Young-sae Kwon criticized during a parliamentary audit last year that "Electric vehicle charging businesses that have been installed using the national subsidies are competing to gather investment by selling their shares in order to promote of electric vehicles. Huge government subsidies are being abused to profit by private companies.” An official from Humax said, "We are expanding our charging business, but we cannot disclose any on going issue at the moment."

HUMAX Investments

18 Investments

HUMAX has made 18 investments. Their latest investment was in AZMT as part of their Seed on January 1, 2022.

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HUMAX Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/24/2022

Seed

AZMT

Yes

2

12/28/2021

Series B

Monthly Kitchen

$19.35M

No

2

7/7/2021

Bridge

Kornatus

$3.07M

Yes

1

6/3/2021

Series A - II

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$99M

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10

4/19/2021

Series A

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$99M

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10

Date

1/24/2022

12/28/2021

7/7/2021

6/3/2021

4/19/2021

Round

Seed

Series B

Bridge

Series A - II

Series A

Company

AZMT

Monthly Kitchen

Kornatus

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Amount

$19.35M

$3.07M

$99M

$99M

New?

Yes

No

Yes

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Co-Investors

Sources

2

2

1

10

10

HUMAX Acquisitions

2 Acquisitions

HUMAX acquired 2 companies. Their latest acquisition was Jeju Electric Vehicle Service on March 15, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/15/2022

$99M

Acquired

1

11/29/2017

Private Equity

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$99M

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0

Date

3/15/2022

11/29/2017

Investment Stage

Private Equity

Companies

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Valuation

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

0

HUMAX Partners & Customers

10 Partners and customers

HUMAX has 10 strategic partners and customers. HUMAX recently partnered with DSR on January 1, 2018.

Date

Type

Business Partner

Country

News Snippet

Sources

1/4/2018

Vendor

United States

Humax Chooses DSR Corporation as Strategic Partner for Its Smart Home Offering.

DSR 's Smart Home Platform includes a scalable cloud backend , built considering attributes of availability , reliability , scalability , performance and flexibility , client mobile apps to simply and easily control devices , and API for integration with 3rd party systems .

3

12/17/2017

Vendor

Finland

Success story – How Humax used Tuxera file systems in their first line of premium home routers - Tuxera

That 's why Humax chose Microsoft exFAT by Tuxera and Microsoft NTFS by Tuxera to bring plug-and-play support for content stored on any external HDD or USB flash drive .

1

9/14/2015

Partner

United Arab Emirates

New Partnership to include ICFLIX App on Humax Set-Top Boxes

`` The integration of the ICFLIX app on Humax 's Android set-top boxes will make it easier for customers to watch premium content on their television sets , giving them access to award-winning Hollywood movies alongside Jazwood and Bollywood content , '' said Mohammed Amine Lalami , Head of Business Development at ICFLIX .

1

7/31/2015

Partner

United Kingdom

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10

7/30/2015

Partner

United Kingdom

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10

Date

1/4/2018

12/17/2017

9/14/2015

7/31/2015

7/30/2015

Type

Vendor

Vendor

Partner

Partner

Partner

Business Partner

Country

United States

Finland

United Arab Emirates

United Kingdom

United Kingdom

News Snippet

Humax Chooses DSR Corporation as Strategic Partner for Its Smart Home Offering.

DSR 's Smart Home Platform includes a scalable cloud backend , built considering attributes of availability , reliability , scalability , performance and flexibility , client mobile apps to simply and easily control devices , and API for integration with 3rd party systems .

Success story – How Humax used Tuxera file systems in their first line of premium home routers - Tuxera

That 's why Humax chose Microsoft exFAT by Tuxera and Microsoft NTFS by Tuxera to bring plug-and-play support for content stored on any external HDD or USB flash drive .

New Partnership to include ICFLIX App on Humax Set-Top Boxes

`` The integration of the ICFLIX app on Humax 's Android set-top boxes will make it easier for customers to watch premium content on their television sets , giving them access to award-winning Hollywood movies alongside Jazwood and Bollywood content , '' said Mohammed Amine Lalami , Head of Business Development at ICFLIX .

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Sources

3

1

1

10

10

HUMAX Team

2 Team Members

HUMAX has 2 team members, including former Managing Director, Charles Hong.

Name

Work History

Title

Status

Byun Dae-gyu

Founder

Current

Charles Hong

Managing Director

Former

Name

Byun Dae-gyu

Charles Hong

Work History

Title

Founder

Managing Director

Status

Current

Former

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