Quest Ventures invests in South Korea’s Dolbomdream

KrASIA

Dolbomdream, a South Korean company specializing in the production of a compression garment supporting individuals with special needs, has secured an undisclosed amount of seed funding from Quest Ventures.

Known as Huggy (stylized as “HUGgy”) vests, Dolbomdream’s product is aimed at providing benefits to individuals with special needs, particularly those with conditions like Autism Spectrum Disorder (ASD). It utilizes a “Deep Touch Pressure” technology to replicate the comforting sensation of hugs, thereby stimulating the wearer’s parasympathetic nervous system to alleviate heightened stress levels. Each Huggy vest is equipped with non-contact biometric sensors to continuously monitor the wearer’s heart rate and other biometric data, enabling caregivers to stay informed in real-time about the wearer’s psychological state. Additionally, the vests can be remotely activated using a complementary app.

“Our collaboration with Quest Ventures is crucial in solidifying our expansion plans in Southeast Asia, which include building our network with local partners and conducting pilot tests to ensure the successful integration of their products in the regional market,” said Kim Jihun, CEO of Dolbomdream.

“[Dolbomdream’s] high-performance vests elevate the standard of care for special needs individuals and provide peace of mind to their caregivers,” said James Tan, managing partner of Quest Ventures.

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