Investment from Korea Technology Finance Corporation

Hypergram, a prominent company in hyperspectral imaging technology, has announced an investment from the Korea Technology Finance Corporation (KOTEC). This funding was facilitated through the SAFE (Simple Agreement for Future Equity) structure, where the company’s valuation will be set in future funding rounds, leading to the issuance of new shares accordingly.

Founded in May 2023, Hypergram has positioned itself at the forefront of the hyperspectral imaging industry, obtaining venture certification early in its journey to demonstrate its technological capabilities. Additionally, it has attracted R&D funding through programs like Deep-Tech TIPS, fostering innovation and enhancing its tech development.

Min H. Kim, CEO, remarked, “This investment from KOTEC will expedite the growth of Hypergram’s groundbreaking hyperspectral imaging solutions and enhance our market competitiveness.” With this financial boost, Hypergram intends to accelerate technological progress in hyperspectral cameras and broaden its reach in both the domestic and international markets, targeting sustainable growth and industry leadership.