Visit Co., Ltd. (CEO Yongwon Cho) , a company that provides digital innovation solutions in various fields, including tourism and smart cities, utilizing 360-degree content, announced on the 7th that it has secured investment from Philian Venture Investment. This investment reflects Philian Venture Investment's strategic focus on technology-based startups and its investment philosophy of identifying companies with high growth potential.
Visit has grown by providing solutions to various industries using 360-degree imagery and VR technology. However, its growth has not been without its fair share of challenges. While it successfully completed the TIPS project and local government projects, it faced numerous challenges during the technology validation process, including the harsh winter season in the SME market in 2024. In particular, it faced significant challenges securing the resources necessary for advanced technology development.
Despite this, Visit successfully overcame the crisis based on its unique technology and market fit. Its mobile-based 360-degree image generation and personal information de-identification technologies offer greater efficiency than existing technologies and have played a crucial role in gaining investor trust. Furthermore, its global market scalability and clear business model have helped it meet the demanding criteria of Philian Venture Investment.
Pillian Venture Investment, a venture capital firm focused on investing in early-stage technology-focused startups, highly evaluated Visit's technological prowess and growth potential. Visit's unique technology, clear revenue model, global scalability, and creative and execution-driven team contributed to its investment success.
This investment in Visit is seen as further solidifying Phillian Venture Investment's investment philosophy and strategy. This decision reflects Phillian Venture Investment's vision of supporting technology-focused early-stage startups, strengthening their position in rapidly growing markets, and pursuing investments that deliver high long-term returns.
With this investment, Visit will accelerate its technology development and global market expansion. In particular, it is strengthening its tourism and smart city capabilities, and is developing concrete implementation plans for the future. Philian Venture Investment's investment practices have proven successful, providing early-stage capital and credibility to innovative technology companies while promising investors high potential returns. This investment is expected to mark a significant turning point for both Visit and Philian.
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