Volt Creation Secures 9.5 Billion KRW in R&D and Operating Funds

[Asia Economy Reporter Kim Cheol-hyun] Bolt Creation, a member company of the Venture Business Association, announced on the 6th that it has secured approximately 9.5 billion KRW in research and development (R&D) funds and operating capital. This company, specializing in materials, parts, and equipment (SoBuJang), received additional investments from existing investors POSCO Technology Investment, Platinum Technology Investment, and K2, and attracted new investment from KB Invest, completing a capital increase of about 5 billion KRW. Including 4.5 billion KRW for parts and materials R&D projects, a total of 9.5 billion KRW in development and operating funds has been secured.

Bolt Creation is a venture company with advanced technology in the field of micro etching, focusing on developing fine metal mask (FMM) manufacturing technology for high-resolution OLEDs. It gained significant attention domestically and internationally by becoming the world’s first to successfully etch polyimide film to a size of 10㎛, and was selected as a SoBuJang specialized company in 2019. Recently, it has been attempting to apply its technology in various fields, such as developing washable respiratory protective masks using etching technology.

Kim Young-jae, Director (CFO) of Bolt Creation, said, "Investors highly evaluated Bolt Creation’s excellent technological capabilities, R&D capacity across complex business areas, preparedness for potential markets, and quick response to social demands. With the secured funds, we will lay the foundation for the company’s growth engine and continuously focus on research and development to grow into a global company."

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