AI Startup ABM Lab Secures Series A Bridge Funding

ABM Lab, the operator of the university student lifestyle platform "Calvak," announced on the 11th that it has completed a total of 900 million won in Series A bridge funding. Existing pre-Series A investors, Korea Credit Guarantee Fund and Tap Angel Partners, participated once again in this round.

ABM Lab is a company that provides artificial intelligence (AI) prediction solutions based on university students' time and consumption data, and is developing Calvak-AI, a small language model (sLLM) specialized for university students. Through data-driven software as a service (SaaS), the company supports analysis of consumption, behavior, and record patterns on campus, as well as customized marketing for university students. Under the slogan "AI coordinates campus life," the company offers a university student-focused AI assistant that connects learning, consumption, and overall experiences by integrating students' activity data.

"Calvak" analyzes university students' schedules and lifestyle data to suggest optimal marketing timing and product recommendations to corporate clients. For students, it provides and manages personalized information and benefits. Currently, the company has signed industry-academia cooperation MOUs with more than 150 universities nationwide and is collaborating with various partners including companies, brands, and public institutions, establishing itself as an essential platform for university students.

With this investment, ABM Lab plans to actively pursue its growth roadmap, including the advancement of its AI recommendation algorithms, expansion of its data platform, and preparation for entry into global markets. In particular, the company aims to leverage AI technology to expand into new services based on university student data, predictive advertising, content curation, and learning coaching.

Kang Hyunjin, Director at Tap Angel Partners, said, "ABM Lab has rapidly learned and grown by focusing on data within the clear target group of university students. We have confirmed high potential, especially as 'Calvak-AI' is being advanced to a level where it understands and makes suggestions based on the actual context of students' lives. We expect competitive results in both domestic and international university student markets going forward."

Hwang Euiyun, CEO of ABM Lab, emphasized, "This investment once again validates the direction of combining data and AI technology in the university student market, and it is especially meaningful that our existing pre-Series A investors participated. Through Calvak, we will refine our understanding of university students' time and experience data and further develop our platform so that AI becomes the closest assistant in daily life, expanding into the global university student ecosystem."