About Pathfinder H
Pathfinder H is a venture capital firm located in Seoul, South Korea. As of Jun 2026, Pathfinder H is an active investor, having invested in 10 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in South Korea based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Auto Tech. Most recently it participated in the $***** Series B round of Perseus Overall, Pathfinder H portfolio has seen 1 unicorn and 2 IPOs, namely DeepX, TeraView and AutoCrypt. A lot of funds co-invest with Pathfinder H, with names like Shinhan Bank sharing a substantial percentage of its portfolio. Pathfinder H has team of 4 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 1 more
Portfolio Unicorns
Portfolio Soonicorns
Pathfinder H's List of Top Investments
Pathfinder H has a portfolio of 10 companies, one of which is a Unicorn. Their most notable investments are in DeepX and DeepX.Their portfolio spans across South Korea and United Kingdom. They have invested in High Tech, Enterprise Applications, Auto Tech and 14 other sectors, across stages such as Series A, Series B and 1 more. Here is the list of top investments by Pathfinder H:1. DeepX
Developer of AI semiconductors, modules, and systems for edge computing applications. It offers AI chips engineered for integration into devices, AI modules with inference capabilities, and AI systems designed for performance and efficiency. The company's solutions cater to smart factories, smart cities, robotics, AI computing, AI networking, and smart cameras, enabling real-time processing and automation across industries.
Key facts about DeepX
- Founded Year: 2018
- Location: Seongnam-si (South Korea)
- Annual Revenue: $0 - $1M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $132M
- Employee Count: 169 as on Aug 31, 2026
- Investors: Korea Development Bank Europe, Shinhan Financial Group and 12 Others
- Latest Funding Round: Series D, Aug 03, 2026, $*****
- Highlight: Editors' Pick
2. TeraView
Manufacturer of terahertz imaging systems for industrial inspection and analysis. These systems utilize terahertz light to perform non-destructive measurements of multi-layer coatings, material thickness, and density. Applications include fault isolation in semiconductor packaging, inspection of battery electrodes, and quality control for polymer films and automotive paints. The technology provides data for material characterization and defect detection in production environments.
Key facts about TeraView
- Founded Year: 2001
- Location: Cambridge (United Kingdom)
- Annual Revenue: £0 - £1M as on Apr 30, 2025
- Stage: Public
- Total Funding till date: $21.5M
- Employee Count: 51 as on Aug 31, 2026
- Investors: ET Capital, Amadeus and 33 Others
- Latest Funding Round: Grant (prize money), Jan 15, 2021, $*****
- Highlight: Public
3. AutoCrypt
Provider of cybersecurity solutions for automotive and mobility applications. The company delivers security for software-defined vehicles and autonomous driving systems. It offers embedded security software, components, and testing platforms. The company’s products support vehicle-to-everything communication, electric vehicle charging, and in-vehicle systems.
Key facts about AutoCrypt
- Founded Year: 2007
- Location: Seoul (South Korea)
- Stage: Public
- Total Funding till date: $40.5M
- Employee Count: 191 as on Aug 31, 2026
- Investors: STIC Ventures, Hyundai Venture Investment and 10 Others
- Latest Funding Round: Series B, May 26, 2022, $*****
- Highlight: Public
4. ePapyrus
Provider of electronic document solutions and AI-powered OCR services. This company offers a suite of products encompassing document viewing, conversion, security, and extraction capabilities. The tools facilitate the entire document lifecycle, from creation and storage to sharing and archiving, within a web-based infrastructure. Key offerings include HTML based document viewers supporting various formats, PDF conversion tools, document filtering for targeted text retrieval, and OCR technology leveraging deep learning for data and keyword extraction.
Key facts about ePapyrus
- Founded Year: 2003
- Location: Seongnam-si (South Korea)
- Stage: Series A
- Total Funding till date: $21.2M
- Employee Count: 51 - 200 as on Jul 17, 2025
- Investors: Kolon Investments, Pathfinder H and 4 Others
- Latest Funding Round: Series A, Feb 04, 2022, $*****
- Highlight: Editors' Pick
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5. Perseus
PERSEUS provides hypervisor-based software solutions for connected cars. It offers solutions like Hypervisor to reduce the in-car infrastructure, Secure Container for protection for the in-car connected system, and Linux Fast Boot for performance enhancement of the in-car connected system.
Key facts about Perseus
- Founded Year: 2017
- Location: Seoul (South Korea)
- Stage: Series B
- Total Funding till date: $10.5M
- Employee Count: 22 as on Sep 30, 2026
- Investors: Daishin Securities, The Wells Investment and 6 Others
- Latest Funding Round: Series B, Jun 09, 2026, $*****
- Highlight: Editors' Pick
Pathfinder H's Year-on-Year Investment Trends
Pathfinder H has invested in 10 companies over the last 7 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment, while as of Jun 2026, it has made 1 investment in this year. Its most recent first time investment was in Perseus and most recent follow-on round was in AutoCrypt.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 1 | 0 | 1 |
2024 | 1 | 0 | 1 |
2023 | 1 | 0 | 1 |
2022 | 2 | 1 | 3 |
2021 | 1 | 2 | 3 |
2020 | 2 | 0 | 2 |
2019 | 1 | 0 | 1 |
Pathfinder H's Investments by Stage
Pathfinder H has made 5 investments in Series A stage with an average round size of $11.6M, 3 investments in Series B stage with an average round size of $31.1M and 2 investments in Seed stage with an average round size of $6M.Stage of entry | No. of Investments |
|---|---|
Series A | 5 |
Series B | 3 |
Seed | 2 |
Note: We have considered here, only first round of investments
Pathfinder H's Investments by Sector
Pathfinder H has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Auto Tech, Internet of Things - Industry Applications and Consumer. Notably, it has invested in 10 Enterprise (B2B) companies, 10 Tech companies, 8 Software companies and at least 5 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
High Tech | 4 |
Auto Tech | 3 |
Internet of Things - Industry Applications | 3 |
Consumer | 2 |
Others | 21 |
Note: We have considered here, only first round of investments
Pathfinder H's Investments by Geography
Pathfinder H has made most investments in South Korea (9), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
South Korea | 9 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Pathfinder H's recent investments
Pathfinder H has made 1 investments in 2026 so far - Perseus.Here are the most recent investments by Pathfinder H:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 09, 2026 | South Korea | Series B | 7794 | [+4] | |
Jan 23, 2025 | South Korea | Series A | 9373 | - | |
Feb 14, 2024 | South Korea | Seed | 7950 | [+7] | |
Sep 20, 2023 | South Korea | Series A | 7896 | [+4] | |
Jul 28, 2022 | South Korea | Series B | 4796 | [+3] |
Unicorns in Pathfinder H's Portfolio
Pathfinder H has 1 unicorn in its portfolio - DeepX. The most recent unicorn in their portfolio is DeepX which became a unicorn in 2026, 6 years after Pathfinder H first invested in it.Here is a list of unicorns in Pathfinder H's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
57 | Developer of AI semiconductors, modules, and systems for edge computing applications | 2018 | Seongnam-si | Series D | mhatjmn |
IPOs and Publicly Listed companies in Pathfinder H's Portfolio
2 of Pathfinder H's portfolio companies have become public. TeraView got listed on the Korea Exchange (KRX), in Dec 2025 at marketcap of $193M and AutoCrypt got listed on the Korea Exchange (KRX) at marketcap of $152M.Here are Pathfinder H's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 09, 2025 | Feb 06, 2020 | Series A | 2431 | |
Jul 15, 2025 | Feb 09, 2021 | Series A | 8751 |
Team profile of Pathfinder H
Pathfinder H has a team of 4 members including 3 Partners located in South Korea. Pathfinder H's team does not sit on the board of any company as of now.Here is a list of all team members in Pathfinder H:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | South Korea | - | ||
Partner | South Korea | - |
Co-investors of Pathfinder H
Over the past 7 years, 71 investors have co-invested in Pathfinder H's portfolio companies. This includes funds and angels.
- Invested before Pathfinder H: New Hill Management, Full Circle Investments and 13 others have invested in rounds before Pathfinder H. There is 1 company where New Hill Management has invested before Pathfinder H and 1 company where Full Circle Investments has invested before Pathfinder H.
- Top Co-investors of Pathfinder H: 36 investors entered a company along with Pathfinder H. These include investors like Shinhan Bank (2 companies).
- Invested after Pathfinder H: A total of 20 investors have invested in Pathfinder H's portfolio after their investments. Top Investors include ALUMNI-PARTNERS (1 company), SkyLake (1 company) and BNW Investment (1 company).
Recent News related to Pathfinder H
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B2B SaaS 'CastingN' Attracts 5.2 Billion Won in Series B Investment Cumulative Investment Surpasses 15 Billion WonWowtale•Jul 08, 2024•CastingN, Magna, PKSHA Technology, Pathfinder H and 5 others
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Simple Planet captures US $ 6 million for cultivated ingredientsFusoes & Aquisicoes•Feb 26, 2024•Simple Planet, POSCO Capital, DCP, EASY BIO and 9 others
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Cultured Meat Company Simple Planet Secures Cumulative Investment Of Approximately 10 Billion WonStartupn•Feb 14, 2024•A Simple Planet, POSCO Capital, DCP, EASY BIO and 10 others
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Elpis Cell Therapeutics completes investment attraction of 4 billion wonVenture Square•Oct 12, 2023•Elpis Cell Therapeutics, Daekyo, BSK Investment, Pathfinder H and 2 others
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AUTOCRYPT closes a series B with 25.5 million dollarsPR Newswire•May 26, 2022•AutoCrypt, Korea Asset Investment Securities, Ulmer Investments, BSK Investment and 6 others
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V2X security provider AUTOCRYPT closes Series A financing round with USD 15 million and opens North American officePR Newswire•Feb 09, 2021•AutoCrypt, KB Investment, Pathfinder H, Ulmer Investments and 5 others
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ICON LOOP attracts 6 billion bridge investment... Cumulative investment 16 billionPlatum•Jul 03, 2020•PARAMETA, K-Growth", Kiwoom Asset Management, KCLAVIS and 5 others
