Evaluating only KoreLogic Supply Intelligence’s profile at its peak — without knowing the outcome — the model ranked Competition as the #1 likely cause. Documented cause: Regulation.
Key Events Timeline
FOUNDING
Min-Jun Lee, ex-Samsung procurement director, founded KoreLogic in Seoul to monitor semiconductor supply chain risk.
FUNDING
KRW 18B raised from KDB and Korea Investment Partners targeting CHIPS Act supply chain compliance market.
REGULATORY ACTION
Second wave of US semiconductor export controls rendered KoreLogic's compliance module 8 months out of date.
SHUTDOWN
Voluntary dissolution after KDB declined follow-on; 8-month compliance lag drove client churn to 65%.
Full Analysis
Free · no account needed
Documented cause
KoreLogic Supply Intelligence, founded in Seoul in 2020 by ex-Samsung procurement director Min-Jun Lee, raised KRW 18B (approx $13.5M) to provide AI-driven supply chain risk monitoring specifically for Korean semiconductor and EV battery supply chains. When the CHIPS Act and US export controls on advanced semiconductors tightened in October 2022 and October 2023, the regulatory landscape changed faster than the platform could adapt. KoreLogic's compliance module was 8 months behind regulatory changes. Lead investor KDB invested declined a follow-on in Q1 2024. Company entered voluntary dissolution May 2024.
Lesson
“Regulatory-dependent platforms in geopolitically sensitive sectors need dedicated 30-person policy monitoring teams, not 2-person compliance squads.”