# HL Mando

> HL Mando is a VC fund backing Automotive, Artificial Intelligence and GPU. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 4
- Last investment: Jun 2024
- Lead investor: 25%
- Last updated: Aug 2026
- Website: https://www.hlmando.com/en/main.do

HL Mando is a provider of electric vehicles (EVs) and self-driving technologies and specializes in critical automotive safety components.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Automotive | 2 | 50% |
| Artificial Intelligence | 2 | 50% |
| GPU | 1 | 25% |
| Drones | 1 | 25% |
| Sensor | 1 | 25% |

22 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 50% |
| Series B | 1 | 25% |
| Series D | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| South Korea | 3 | 75% |
| Indonesia | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| bitsensing | Bitsensing is a radar technology startup focused on developing smart city solutions to improve citizens' quality of life. | $25.4M | Series B | Jun 18, 2024 | http://www.bitsensing.com |
| Alodokter | Alodokter is a digital health platform that provides an end-to-end digital solution to patients including telemedicine, doctors, and others. It also provides credible information, supportive communities, and in-depth reference material about health subjects. | $5.2M | Series D | Feb 21, 2024 | http://alodokter.com |
| GenGenAI | GenGenAI develops synthetic data generation technologydesigned to advance AI learning. | $3.5M | Seed | Dec 21, 2023 | http://www.gengenai.com |
| Opt-AI | Opt-AI is an edge AI company that provides engineering services and AI-agent hardware-aware software solutions for the optimization and deployment of AI models on edge devices.Our goal is to support customers in securing AI inference performance, reducing development costs, and accelerating market launch by providing 1) model building, 2) modelcompression, 3) embedded system optimization technologies, and 4) a HW-aware SW analysis system that can automatically perform optimization in various HW environments for the deployment of on-device AI. Opt-AI ensures effective performance on any hardware and processor through our HW-aware SW Profiling System. Opt-AI has secured high-level technical and business achievements with major tech companies, such as LG Electronics, Hyundai Motor, HL Mando, Hanhwa Systems, and Hanhwa Aerospace. We are collaborating with multiple clients in the mobility sector, which demands the highest level of optimization technology. We support customers in focusing solely on model development by building development workflows specific to target hardware. | $227.5K | Seed | Sep 01, 2023 | http://www.opt-ai.kr |

4 of 4 investments shown.

## Co-investors
- [Korea Development Bank](https://shizune.co/investors/profile/kdb-industrial-bank) — VC Fund, 2 deals together
- [Korea Development Bank](https://shizune.co/investors/profile/korean-development-bank) — VC Fund, 2 deals together
- [AJU Capital](https://shizune.co/investors/profile/aju-capital) — VC Fund, 1 deal together
- [Beacon Venture Capital](https://shizune.co/investors/profile/beacon-venture-capital-2) — VC Fund, 1 deal together
- [DSC Investment](https://shizune.co/investors/profile/dsc-investment) — VC Fund, 1 deal together
- [FuturePlay](https://shizune.co/investors/profile/futureplay-co) — VC Fund, 1 deal together

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### Similar stage
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### Similar country
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## Featured in investor lists
- [Enterprise Software Investors in South Korea](https://shizune.co/investors/enterprise-software-investors-south-korea)

## FAQ

### What does HL Mando invest in?

HL Mando invests primarily in Automotive, Artificial Intelligence and GPU startups, most often at Seed and Series B stage. Most of the 4 investments tracked by Shizune back companies in South Korea. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did HL Mando last invest?

The most recent investment recorded for HL Mando closed in Jun 2024. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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