July 11, 2020

SoCar acquires position tracking startup Polariant

PUBLISHED : April 17, 2019 - 14:52

UPDATED : April 17, 2019 - 14:52

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

South Korea’s leading mobility platform operator SoCar has acquired Polariant, a startup that develops positional tracking technology using polarized light detection, the company said April 17.

Polariant is the second startup SoCar has bought, after VCNC, which currently provides ride-sharing service Tada.

Founded in 2015 by three co-founders, Polariant develops polarized light sensing solutions that allow accurate location detection where there is no GPS service, such as underground parking lots or huge shopping centers. 

In tandem with SoCar, Polariant will also develop solutions to help the mobility industry.

“The completeness of the technology Polariant has is very meaningful, and if expanded to the mobility industry, it can make further technological advancements,” SoCar CEO Lee Jae-woong said.

SoCar will continue to invest in startups to create a mobility platform ecosystem and accelerate technology-based innovation, Lee added.

By Park Ga-young (

  • 페이스북
  • 트위터
  • sms
Herald Corporation|CEO : Kwon Chung Won
Publisher. Editor : Kwon Chung Won
Chief Privacy Officer & Juvenile Protection Manager : Yang Sung-jin
Title : The Investor|Date of registration : 2015.04.28
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0114|Business info
Gov’t registration No. Seoul 아04099