Nuri Telecom Co., Ltd. announced that it has received KRW 10 billion in funding from Shinhan Capital Co., Ltd., Shinhan Investment Corp., Investment Arm, eBest Investment Securities Co., Ltd., Investment Arm, Orion Capital Management
April 27, 2017
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On April 27, 2017, Nuri Telecom Co. Ltd. (KOSE: A040160) closed the transaction.
NuriFlex Co Ltd, formerly Nuri Telecom Co Ltd, is a Korea-based company principally engaged in the advanced metering infrastructure (AMI) business. The Company operates its business through four segments. The Electric Power Internet of Things (IoT) Business segment is engaged in the development and supply of AMI solutions. The Public IoT Business segment is engaged in green new deals business such as microgrid, energy efficiency and smart city, among others. The Industrial IoT Business segment provides barcode and radio frequency identification (RFID) system solutions related to logistics automation systems. The Other segment provides network application system (NAS) center.
Nuri Telecom Co., Ltd. announced that it has received KRW 10 billion in funding from Shinhan Capital Co., Ltd., Shinhan Investment Corp., Investment Arm, eBest Investment Securities Co., Ltd., Investment Arm, Orion Capital Management