MUSMA

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MUSMA - overview

Established

2016

Location

Busan, -, South Korea

Primary Industry

Internet

About

Founded in 2016 and based in Busan, South Korea, MUSMA is a construction asset management company. It operates an IoT-based platform known as 'M-CAS', which monitors the movement of cranes and heavy equipment to prevent collisions, location of the on-site workers, and the inventory status of raw materials. In April 2023, MUSMA raised venture funding from new investors Shinhan Venture Investment and QUAD Ventures. Financial terms of the deal were not disclosed.


As of 2023, the company is led by its CEO Shin Seong-il. The company will use the April funding to expand its automation and safety solution lineup to more diverse fields such as logistics and manufacturing and hire more personnel.


Current Investors

D3 Jubilee Partners, Korea Credit Guarantee Fund, Bluepoint Partners

Primary Industry

Internet

Sub Industries

Construction, Hardware, Web Applications, IT Infrastructure, Analytics & Performance Software

Website

www.musma.net

Verticals

IoT (Internet of Things)

Company Stage

Series A

Total Amount Raised

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