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AEOL

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A ventilation and air purifier products manufacturing company

South KoreaFounded 2018Engineering and Manufacturing Equipment
Valuation $100–250M Last recorded · 2021
Total funding $10–50M Disclosed equity funding
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About AEOL

AEOL KOREA is a materials science and clean technology firm established in February 2018, originating from the Korea University campus town. The company has positioned itself as a key player in the advanced materials sector by becoming the first in Korea to successfully commercialize Metal-Organic Frameworks (MOF), a novel class of nanoporous materials. This was achieved by securing a 20-year exclusive license for MOF technology from the Korea Research Institute of Chemical Technology, granting it sole rights to manufacture and sell products based on this technology.

The company's business model is centered on the manufacturing and sale of air quality and energy management systems that leverage its proprietary MOF technology. These systems are designed for both residential and commercial clients, addressing growing concerns over air pollution and energy efficiency. Revenue is generated through the direct sale of its products, which include integrated ventilation systems, dehumidifiers, and air purifiers. The company has forged strategic partnerships, such as a collaboration with Hoban Construction to co-develop and patent antimicrobial ventilation ducts for apartment buildings, indicating a B2B focus within the construction and real estate sectors.

AEOL's core technology, the Metal-Organic Framework, is a hybrid material with an exceptionally large surface area, enabling superior adsorption capabilities compared to conventional materials like silica gel. This allows their products to efficiently capture moisture, fine dust, volatile organic compounds (VOCs), and other airborne pollutants. The company's product line includes all-in-one systems that provide air purification, ventilation with heat recovery, dehumidification, and auxiliary cooling. A key benefit of this MOF-based technology is its ability to regenerate at low temperatures, offering an energy-efficient alternative to traditional refrigerant-based cooling and dehumidification systems, which aligns with global environmental regulations phasing out certain refrigerants.

Since its inception, AEOL KOREA has attracted significant investor interest, securing approximately $23 million in funding to scale up its production capabilities. The company's work has also received international recognition, notably winning a CES 2024 Innovation Award, which highlights its standing in the global technology landscape.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
South Korea
Open positions
None listed
Dealroom signal
19.3/100
Industry
Engineering and Manufacturing Equipment
Sector
Engineering and Manufacturing Equipment, Hard Tech
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Nov 2021 $18M $74M BlissVine Ventures —
SERIES A✓Equity / VC Sep 2020 $4.2M $17M Mirae Asset Sekuritas · Hoban Construction —
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Growth signals

AEOL website traffic

Latest recorded traffic for AEOL is 190 monthly website visits, down 84.2% over the last three months.

Latest monthly visits190 3-month web change-84.2%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Korea University Holdings

Series A3 investors entered at this stage

  • Mirae Asset Sekuritas
  • Hoban Construction
  • BlissVine Ventures
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇰🇷 South Korea HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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