ASWEMAKE (CEO Son Soo-young), which operates the O2O service “Q Market,” which connects mid- to large-sized offline marts and consumers and uses supermarkets located in the city center as a delivery base, said it has completed attracting 5 billion won worth of Series A investment.
Nanuri Equity Partners, Startup Research, Busan Bank, JB Investment, HGI, Philosopia Ventures, and Smilegate Investment participated in the series A round investment as new shareholders along with existing shareholders New Paradigm Investment.
Through this investment, Aswemake will accelerate the establishment of online sales infrastructure for local offline affiliated marts with food ingredients marts nationwide. In the long run, based on the logistics and distribution business, the company plans to realize the “Today’s Shopping” service that can complete delivery anywhere in the country and further seek overseas expansion to become Asia’s No. 1 grocery shopping service.
“I am grateful to the Series A participating investors who sympathized with the vision of the cue market despite the recession,” said Sohn Soo-young, CEO of AsweMake. “This investment will use growth funds to promote qualitative growth suitable for AsweMake’s external growth.” He added, “We will continue to grow by actively hiring experienced talents who can lead the company’s growth together with the best treatment for existing executives and employees.”