Labrador Labs Raises $9.67M Series B to Expand Software Supply Chain Security Platform Globally
Labrador Labs, a South Korea–based software supply chain security company focused on vulnerability management and Software Bill of Materials (SBOM) solutions, has raised fresh venture funding as it expands its cybersecurity platform across international markets.
The company, which develops tools designed to help enterprises identify, track, and remediate vulnerabilities in software dependencies, has positioned itself within the rapidly growing field of supply chain security. Its platform is used by enterprises to gain visibility into open-source components and third-party code risks, an area that has become increasingly critical following global concerns over software supply chain attacks and regulatory pressure around secure software development practices.
Labrador Labs recently closed a Series B funding round totaling approximately $9.67 million (KRW 14.5 billion), marking a significant milestone in its growth trajectory. The round was led by a consortium of institutional investors, including Shinhan Venture Investment, DS Asset Management, POSCO Investment, Korea Asset Investment Securities, and Tyche Investment, along with participation from Novorsec Investment.
The funding round reflects continued investor confidence in cybersecurity startups addressing software supply chain risks, a sector that has gained strong momentum as enterprises increasingly adopt cloud-native development practices and open-source software at scale. Investors are particularly focused on solutions that provide automated visibility into dependencies and help organizations comply with emerging security frameworks such as SBOM mandates in global markets.
Labrador Labs has stated that proceeds from the Series B will be used to accelerate product development, expand its engineering capabilities, and support international market entry, particularly in North America and Europe. The company is also investing in enhancing its AI-driven vulnerability detection systems, which analyze software components across development pipelines to identify potential risks before deployment.
The startup has built its reputation through close partnerships with major enterprise clients in South Korea, including financial institutions and insurance providers. Its technology has been deployed in production environments across sectors such as banking, securities, and insurance, where secure software deployment is a critical operational requirement.
Alongside its latest funding milestone, Labrador Labs continues to expand its platform capabilities, integrating automation and machine learning to improve detection accuracy and reduce false positives in vulnerability scanning. The company is also strengthening its compliance reporting features to align with evolving regulatory expectations around software transparency and security governance.
With backing from major Korean institutional investors such as Shinhan Venture Investment and POSCO Investment, Labrador Labs is positioning itself as a key player in the global software supply chain security market. Its growth reflects broader venture capital interest in cybersecurity infrastructure startups that address systemic risks in modern software development ecosystems.
As enterprise software complexity continues to increase, Labrador Labs is expected to focus its newly raised capital on scaling its platform internationally, deepening integrations with development tools, and expanding its role in the global shift toward secure-by-design software engineering practices.
