Industry
GNG Intech secures Series A investment from L&S and IBK
GNG Intech, a specialist in semiconductor ultrapure water and reuse water-treatment, said on May 4 it had attracted institutional investment. The investors are semiconductor-focused L&S Venture Capital and Industrial Bank of Korea, with the round at a Series A level. The company said it plans to upgrade its business structure into a water-treatment technology platform company. It will use the funds to develop core UPW technologies and strengthen data and AI-based smart operations and maintenance, while also pursuing overseas expansion.