Fundraise

Locus Korea secures $2.1M in debt financing via Korea Credit Guarantee Fund

What's the deal? Locus KoreaDealroom has a profile for this one. Try Dealroom → has raised 3 billion KRW (≈$2.1 million) in debt financing after being selected for the Korea Credit Guarantee FundDealroom has a profile for this one. Try Dealroom →'s "First Penguin" programme, the company said on 12 August 2026.

What does it do? The Busan-based startup provides integrated logistics for e-commerce firms, spanning B2C and B2B fulfilment, retail supply, and ambient and cold-chain distribution. It runs physical hubs, including an ambient centre in Yeoju and a cold-storage centre in Icheon.

Why now? First Penguin backs companies less than seven years old that the fund judges to have potential to become unicorns, offering specialised guarantees and financing. Locus Korea has also completed the TIPSDealroom has a profile for this one. Try Dealroom → programme and holds venture-company certification.

What's the endgame? The company will spend the 3 billion KRW on attracting partners and upgrading INDITIONDealroom has a profile for this one. Try Dealroom →, its in-house logistics software-as-a-service (SaaS). The platform manages orders, inventory, and warehouse operations, with plans to fold in TMS, ERP, CRM, and AI-based analytics to form an integrated logistics operating system.

By the numbers: Locus Korea posted revenue of 7.56 billion KRW in 2025 and roughly 5 billion KRW in H1 2026 alone — about 66% of its full prior-year total in six months.

What's the strength? Rather than selling logistics software alone, the company runs its own fulfilment sites and feeds that operational data back into product development. "We will build an environment where clients can manage their entire logistics operations on a data basis," co-chief executives Lee Jun-hyun and Kim Tae-ik said.

The signal: The raise marks a step-up from the company's previous round, backing a bet that owning both logistics operations and the software layer beats offering either in isolation — a model increasingly favoured in fulfilment as e-commerce demands tighter data visibility.

Read more: Wowtale

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