AI & Enterprise
The Hyoosik raises 65 billion won pre-IPO funding to expand into 3-4-star hotels
IT-based integrated lodging solutions company The Hyoosik said on Monday it raised 65 billion won in pre-IPO funding from TS Investment and VIP Asset Management, lifting its cumulative funding to 107.8 billion won. Founded in 2019, it provides end-to-end services spanning feasibility analysis, hotel project management, design and construction, outsourced operations, IT systems and unmanned monitoring. The firm plans to invest up to 100 billion won by 2027 and target an IPO in 2028.
