# CJK raises 10 billion won in Series B funding

CJK, a South Korean water treatment system developer, raised 10 billion won (approx. USD 7.5 million) in a Series B round from Stic Ventures, Seoul Investment Partners, and Intops-Inlight Ventures consortium. The company plans to use the funds for headquarters and R&D center relocation and working capital.

- Type: Investment
- Announced: 2024-05-29
- Where: South Korea
- Value: $7.50M (10.0B KRW)
- Status: announced
- Products: water treatment systems, filter systems, wastewater treatment equipment, secondary battery water treatment equipment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [CJK](https://endata.com/companies/77701.md)
- [Stic Ventures](https://endata.com/companies/77702.md) (investor)
- [Seoul Investment Partners](https://endata.com/companies/77703.md) (investor)
- [Intops-Inlight Ventures](https://endata.com/companies/77704.md) (investor)

## Sources

- [newstopkorea.com](https://www.newstopkorea.com/news/articleView.html?idxno=22666), 2024-05-29: "CJK는 조달한 투자금을 본사 및 연구소 이전, 운영자금 등으로 활용할 계획이다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
