Skip to content

Crocus

AI Transformation in Energy Systems

CROCUS builds the hardware and the intelligence that runs on it — power conversion, grid protection, edge computing and infrastructure security, developed and manufactured in-house.

Founded (Korea)
2018.08

US entity established 2016

Employees
81

as of 1 July 2026

Revenue
₩15.3B

FY2025, consolidated

Registered patents
66

including 4 registered in the US

Cumulative investment
₩33.0B

330억원

Company주식회사 크로커스

Chief Executive OfficerJiseop Lim

Websitecrocus.ai

What we do

  • 01

    Grid Solutions

    • SST — Solid-State Transformer
    • IED — Intelligent protection panel
    • Microgrid EPC
    Grid Solutions
  • 02

    Power Electronics

    • Power electronics for mobility
    • Power electronics for the energy industry
    • Power electronics for the semiconductor industry
    Power Electronics
  • 03

    Edge AI

    • AI accelerators
    • AI Edge systems
    • AI Edge devices
    Edge AI
  • 04

    Infrastructure Security

    • Penetration testing
    • VOID — AI security solution

Locations

  • Uiwang R&D Center · Plant 1
    Primary site

    Uiwang R&D Center · Plant 1

    • Power Electronics
    • Edge AI

    67 Malgeunnae-gil, Uiwang-si, Gyeonggi-do — Bldg. C, Units 102 & 603

  • Suseo Headquarters

    Suseo Headquarters

    • Sales & Management
    • AI / Software / OT Security

    717-3 Suseo-dong, Gangnam-gu, Seoul — 5F

  • Yangju Plant 2

    Yangju Plant 2

    • Grid protection relay / SCADA

    217 Hwahap-ro, Gwangjeok-myeon, Yangju-si, Gyeonggi-do

  • Naju R&D Center 2

    Naju R&D Center 2

    • Grid R&D

    13 Gyoyuk-gil, Naju-si, Jeollanam-do — Jedi Bldg. 314

Inside Uiwang R&D Center

  • Showroom
    Showroom
  • Laboratory
    Laboratory
  • Production line
    Production line
  • Test bench
    Test bench
  • Assembly bay
    Assembly bay
  • Office
    Office

History

  1. 2016

    • US headquarters established
  2. 2018

    • Korean entity established
    • AI energy solution supplied for EHV transformer control at Corning substation
  3. 2020

    • Energy solution supplied to 3 million households in California, USA
    • RE100 solution supplied to 30 industrial complexes in Changwon
  4. 2022

    • Korean entity became the group headquarters
    • Minister of Trade, Industry and Energy Award
    • Selected for KETEP voltage-optimisation R&D — start of SST development
  5. 2023

    • Minister of Land, Infrastructure and Transport Award — smart city energy & power
    • Selected for Korea AI Startup 100
    • Colloquium smart energy category award
  6. 2024

    • Selected as Seoul electric-bus rapid charging operator
    • Registered as a Hyundai Motor Group supplier
  7. 2025

    • Acquired Saerom Protech
    • Grid voltage control registered as an external carbon-credit methodology
  8. 2026

    • Acquired MINMAX and HEXALABS
    • National ESG Excellence Award, Minister of Foreign Affairs
    • Uiwang plant and R&D center relocated

Investors

  • KB인베스트먼트
  • 삼성증권
  • 그리드위즈
  • 케이씨투자파트너스
  • KR벤처스
  • S&S인베스트먼트
  • 신한벤처투자
  • 이앤인베스트먼트
  • 지유투자
  • KB증권
  • 베이스인베스트먼트
  • 라이프자산운용
  • 한화증권
  • 중소기업은행
  • 퓨처플레이
  • 대신증권
  • 노보섹인베스트먼트
  • NH헤지자산운용
  • 타임웍스인베스트먼트
  • 에이타스파트너스

In order of institutional shareholding, per the August 2026 shareholder register.

Group companies

  • Affiliate

    BCM Tech

    AI Edge computing hardware — CPU modules, AI Edge systems and vision devices for factory automation.

  • Affiliate

    HEXALABS

    Infrastructure security. Acquired in 2026.

  • Subsidiary

    새롬프로텍

    Grid protection relays and SCADA. Acquired in 2025.

Contact

Tell us what you are building.

Technical questions go straight to the engineers who work on the product. Tell us the application, the voltage level and the timeline, and we will answer with specifics.