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Lablup - About the company

Lablup is a public company based in Seoul (South Korea), founded in 2015 by Jonghyun Park and Jeongkyu Shin. It operates as a Developer of software providing researchers and engineers access to computing resources. Lablup has raised $9.64M in funding from investors like Industrial Bank of Korea, LB Investment and Daesung Startup Investment. The company has 263 active competitors, including 23 funded and 3 that have exited. Its top competitors include companies like Fal, Abacus.AI and Thehive.

Company Details

Developer of software providing researchers and engineers access to computing resources. The software facilitates access to computing resources at any time and from any location. It automates processes from research and development to sharing and deployment. The software aims to provide standardized, scalable computing platforms for research and engineering.
Social
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Email ID
*****@lablup.com
Key Metrics
Founded Year
2015
Location
Seoul, South Korea
Stage
Public
Total Funding
$9.64M in 3 rounds
Latest Funding Round
Ranked
Similar Companies
Exit Details
Public

Lablup's IPO details

Lablup got listed on Nov 03, 2026.
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Lablup's funding and investors

Lablup has raised a total funding of $9.64M over 3 rounds. Its first funding round was on 2015. Its latest funding round was a Series A round on Apr 21, 2023 for $*****. 4 investors participated in its latest round. Lablup has 7 institutional investors.

Here is the list of recent funding rounds of Lablup:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 21, 2023
4733525
Series A
5288159
9422533
8729086
4352904
Jun 22, 2017
2229012
Seed
1890856
5397834
6094918
2015
8201
Angel
2850
6016
6077
3401
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Lablup's founders and board of directors

Founder? Claim Profile
The founders of Lablup are Jonghyun Park and Jeongkyu Shin. Jeongkyu Shin is the CEO of Lablup.
Here are the details of Lablup's key team members:
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Lablup's Competitors and alternates

Top competitors of Lablup include Fal, Abacus.AI and Thehive. Here is the list of Top 10 competitors of Lablup, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Fal
Fal
2020, Anguilla, Series D
Provider of a solution to deploy real-time ML data pipelines
$400M
69/100
2nd
Logo for Abacus.AI
Abacus.AI
2019, San Francisco (United States), Series C
Company is the world's best AI super assistant and general-purpose agent
$90.3M
69/100
3rd
Logo for Thehive
Thehive
2017, San Francisco (United States), Series D
Provider of APIs to understand, search, and generate content
$85M
68/100
4th
Logo for Silo.AI
Silo.AI
2017, Helsinki (Finland), Acquired
Provider of customized AI-powered solutions
$11.2M
59/100
5th
Logo for Adaptive
Adaptive
2017, Sugar Land (United States), Seed
Provider of adaptive AI application development and deployment platform
$7M
52/100
6th
Logo for Lablup
Lablup
2015, Seoul (South Korea), Public
Developer of software providing researchers and engineers access to computing resources
$9.64M
54/100
7th
Logo for AI Squared
AI Squared
2021, Mountain View (United States), Series A
Provider of an enterprise AI platform that enables organizations to build, deploy, govern, and monitor AI applications and agentic workflows
$19.8M
49/100
8th
Logo for Ople
Ople
2017, San Francisco (United States), Series B
Provides deep learning based data science solutions
$25.1M
48/100
9th
Logo for XNOR.AI
XNOR.AI
2017, Seattle (United States), Acquired
Framework for on device deep learning capability
$14.6M
46/100
10th
Logo for Sentient.io
Sentient.io
2017, Singapore (Singapore), Series B
Provider of AI as a Service platform
$7M
44/100
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Lablup's Investments and acquisitions

Lablup has made no investments or acquisitions yet.

Reports related to Lablup

Here is the latest report on Lablup's sector:

News related to Lablup

Media has covered Lablup for a total of 2 events in the last 1 year.
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