# FUST Lab funding: rounds and investors

> FUST Lab has raised $2.1M across 1 round since 2025. Investors include B Capital, Industrial Bank of Korea and FuturePlay. Every round with its source.

Source: https://millionrounds.com/company/fust-lab (Millionrounds; every figure on the page links to its filing or article)

South Korea · [Seed startup](https://millionrounds.com/companies)

# Who invested in *FUST Lab*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Manufacturing

Raised 12 months ago

Funding summary Updated 26 Oct 2026

**$2.1M** raised across 1 round since 2025, from 1 source

- **Latest round:** Seed, $2.1M Nov 2025
- **Investors:** 4

See who backed them

## The rounds

- **Nov 2025** Seed **$2.1M** [B Capital](https://millionrounds.com/fund/b-capital) [Industrial Bank of Korea](https://millionrounds.com/fund/industrial-bank-of-korea) [FuturePlay](https://millionrounds.com/fund/futureplay) [IBK Capital](https://millionrounds.com/fund/ibk-capital) Source recorded

## Founders and team

From FUST Lab's own website: 1 founder, 3 on the team.

**Minsung Hwangbo** Founder CEO

- **Ki-Poong Yoo** 4th President, KEPCO International
- **Korea Branch** CTO
- **Seon-ae Hwangbo** Team

## Everyone who backed them

[B Capital](https://millionrounds.com/fund/b-capital) VC firm **1** round

[Industrial Bank of Korea](https://millionrounds.com/fund/industrial-bank-of-korea) VC firm **1** round

[FuturePlay](https://millionrounds.com/fund/futureplay) Accelerator **1** round

[IBK Capital](https://millionrounds.com/fund/ibk-capital) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=fust-lab).

## Quick answers about FUST Lab

### Who invested in FUST Lab?

FUST Lab's investors include B Capital, Industrial Bank of Korea, FuturePlay and IBK Capital.

### How much has FUST Lab raised?

FUST Lab has raised $2.1M across 1 round since 2025.

### When did FUST Lab last raise?

FUST Lab's most recent round was a Seed of $2.1M in Nov 2025.

### What was FUST Lab's biggest round?

Its most recent round, $2.1M in Nov 2025, is also its largest on record.

### Who backed FUST Lab first?

FUST Lab's first round on record, in Nov 2025, was backed by B Capital, Industrial Bank of Korea and FuturePlay and 1 others.

### What stage is FUST Lab at?

FUST Lab's latest named round is a Seed, in Nov 2025.

### Where is FUST Lab based?

FUST Lab is based in South Korea.

## Companies like FUST Lab

In the same sector, and raised in the last eighteen months.

[**WIRobotics** $78M · May 2026](https://millionrounds.com/company/wirobotics)[**Ailytics** $7.4M · Oct 2026](https://millionrounds.com/company/ailytics)[**Roboze** $10M · Oct 2026](https://millionrounds.com/company/roboze)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**Greenzo Energy** $15M · Oct 2026](https://millionrounds.com/company/greenzo-energy)[**Navitas Solar** $20M · Oct 2026](https://millionrounds.com/company/navitas-solar)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app