ASET Secures Additional Bridge Investment Within a Year, Bringing Total Funding to KRW 3 billion
박완규 기자
ssangdae98@naver.com | 2025-09-24 13:02:17
[소셜밸류=박완규 기자] Advanced Smart Energy Technologies(ASET) successfully secured additional bridge financing within one year.
On the 24th, ASET announced that it has raised a total of KRW 3 billion through a Pre-A bridge investment round this September.
Industrial Bank of Korea and Pathfinder H recently joined as new investors, while Ascendo Ventures and Tap Angel Partners, the existing investors, participated with follow-on investments.
The additional bridge financing was secured within just one year of raising KRW 4.1 billion in a Pre-A investment last October. Securing two consecutive rounds of funding in such a short period highlights that the company’s technology, market competitiveness, and the capabilities of its executives have been recognized.
ASET is a tech-based startup developing all-solid-state and composite electrolyte membrane technology with improved fire safety and energy density.
With its proprietary approach enabling the combined use of liquid electrolyte which are already mass-produced in existing lithium battery, it differentiates its products as a next-generation separator that can be applied from semi-solid-state to a full solid-state battery applications.
In particular, ASET is gaining traction from the industry as its technology that addresses the compatibility issue with existing production line, which has been a major challenge in developing all-solid-state batteries.
ASET secured funding for technology commercialization and transition to mass production owing to the fundraising round with participation from major venture capital firms and financial institutions.
Park Seokjung, the CEO of ASET, said, “Recognition of our technology and growth potential enabled this Pre-A bridge financing. Building on the trust of both new and existing investors, as well as selection for a government-funded project, we will accelerate the commercialization of our all-solid-state electrolyte membrane.”
The CEO also emphasized that “Our all-solid-state electrolyte membrane has a strong market expansion potential, as it is compatible with existing liquid electrolytes and can be applied across a wide range, from semi-solid-state to fully solid-state batteries. With CTO Chu Hyunseok joining us, we will promote global market expansion and mass production roadmap, and begin collaborating with major batteries manufacturers worldwide by providing sample A.”
Meanwhile, ASET has been selected for the ‘Climate Tech Energy Super-gap Technology Development’ project by the Ministry of Trade, Industry and Energy, securing government grants of KRW 1 billion. As the company secured both R&D funding and the government’s support, these represent significant steps toward accelerating technology commercialization.
Therefore, the company aims to provide type-A sample in roll form to major next-generation secondary battery manufacturers both domestically and internationally, moving beyond the proof of concept stage. It serve as a stage for obtaining direct commercialization approval from global clients for the offered products at a mass-production equivalent level, going beyond a simple research milestone.
Submission of type-A sample will help expand the collaboration network among global automakers and battery manufacturers, serving as a foothold for future pilot line and mass production contracts. Leveraging its strength in combining liquid electrolyte, the company aims to expand broadly from early-stage semi-solid-state battery market to the full solid-state battery market.
Additionally, the company will progressively establish a mass production roadmap, aiming to increase its production capacity from over ▲ 10 tons in 2026, to over ▲ 100 tons in 2027, ▲ 500 tons in 2028, and ▲ 1,000 tons in 2029. This aims to lead the global mass production system in all-solid-state electrolyte membrane field, and positioning the company as a key player in the next-generation battery transition period.
[ⓒ 사회가치 공유 언론-소셜밸류. 무단전재-재배포 금지]