Flower tech startup KUKKA announced on the 1st that it has secured a Series B bridge investment. This round, led by Roy Investment Partners, serves as a bridge to strengthen the company's competitiveness within the industry following its Series B funding in 2022.
Kukka has achieved an average annual sales growth of over 35% over the past three years, securing unrivaled competitiveness in the flower industry. Despite the economic downturn, the company successfully turned a profit in the second quarter of 2025, strengthening its financial soundness. It also laid the foundation for stable growth by reducing fixed costs by 40% and increasing the proportion of sales generated through its own online marketplace to 80%. Furthermore, through innovations in fresh flower purchasing, the company improved its contribution margin from 30% to 50%.
Through this investment, Kukka plans to further strengthen its competitiveness in purchasing fresh flowers and accelerate the global launch of its proprietary palm-based powder candle, "Sugar Candle," in 2024. Sugar Candle surpassed 100 million won in monthly sales within a year of its launch and has expanded its sales by entering major retailers such as Olive Young and 29CM. Starting with exports to Japan in August, the company will also actively expand into overseas markets, including the US and Taiwan, starting in September.
Kukka CEO Park Chun-hwa said, “The Korean flower market is a large consumer goods market worth approximately 3 trillion won, with approximately 25,000 flower shops across the country.” He added, “Kukkka will continue to create new flower and fragrance-based lifestyles both domestically and internationally based on continuous growth and improved profitability.”
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