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Plastal

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Waterproof bonding solutions for dissimilar materials

South KoreaFounded 2017Semiconductors
Valuation $100–250M Last recorded · 2025
Total funding $10–50M Disclosed equity funding
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About Plastal

Founded in December 2017 by CEO Hong Seong-ho, a former department head at LG Electronics' smartphone metal division, Plastal is a chemical research institute specializing in original technology for bonding metals and polymers. The company provides integrated solutions that encompass core bonding technology, mold technology, injection conditions, and CNC machining. This enables them to offer a total mechanical and chemical engineering service to their clients. Plastal's core offering is a waterproof bonding solution for dissimilar materials, developed to replace traditional methods that are often complex and costly. The technology allows for the direct and strong bonding of various metals (such as aluminum, stainless steel, and titanium) with different types of plastic resins through an injection molding process. This process aims to reduce manufacturing costs, shorten lead times, and facilitate the production of lightweight, waterproof, and dustproof components. The company's solutions are applicable across several industries, including mobile phones, electric vehicles, and other electronics. For example, in mobile devices, their technology is used for parts like antennas, SIM trays, and chassis to improve durability and reduce weight. The company has achieved significant milestones, including being selected as one of the top 100 materials, parts, and equipment startups in 2020 and winning the grand prize in the 2021 'Challenge! K-Startup' competition. Plastal has also been successful in attracting investment, securing a notable funding round in late 2025. In 2023, the company announced plans to establish a new manufacturing facility in Asan-si to expand its production capabilities.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
South Korea
Open positions
None listed
Dealroom signal
19.0/100
Industry
Semiconductors
Sector
Semiconductors, Additive Manufacturing, Sustainable Development Goals, Advanced Materials, EV Battery, Climate Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Oct 2025 $17M $67M Undisclosed ↗
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Growth signals

Plastal website traffic

Latest recorded traffic for Plastal is 300 monthly website visits, down 50% over the last three months.

Latest monthly visits300 3-month web change-50%
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Similar companies

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Investments and acquisitions

Capital deployed

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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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