Standard Energy Co., Ltd. announced that it has received KRW 25,000 million in round of funding led by returning investor LB Investment Inc for KRW 15,000 million on July 9, 2024. The transaction included the participation from new investors Kiwoom Private Equity, Inc. for KRW 5,000 million and Dong Yu Technology Investment Co., Ltd. for KRW 5,000 million.