innotool

What innotool does

Innotool ((주)이노툴) is a South Korean precision contract manufacturer established in July 2007 and headquartered in Cheonan-si, Chungcheongnam-do. The company designs, machines, and produces precision molds (die/mold fabrication) and subsequently runs insert injection molding and precision injection molding to deliver finished components. Its core technical capability is high-speed CNC machining combined with 3D modeling/CAM and a proprietary insert injection molding (인서트 사출공법) process that integrates metal inserts with plastic injection in a single operation, producing multi-material automotive parts such as sensor heads, motor housings, grommets, bearings, start buttons, and cover components, plus semiconductor-grade connector and IC-handling parts.

The company operates a pure direct B2B model, acquiring business through supplier qualification and registration with Korean automotive OEMs and tier-1/tier-2 suppliers rather than through resellers or distributor networks. It holds IATF 16949 (2019), ISO 9001 (2011), ISO 14001 (2011), Hyundai/Kia SQ Mark (2015), SsangYong SSQ (2016), InnoBiz (2018), MainBiz (2019), Venture Company (2020), and Root Technology Specialist Enterprise (2020) designations, and has an in-house corporate research institute certified in 2019. Named registered customers include Hyundai/Kia (indirect via tier-1s), Continental Automotive (Sejong plant), Mando, Asentech/Sejong Industries, Nifco Korea, Shinhung Precision, KMF, Samsung Techwin, Korea Honeywell, and SsangYong Motor, with semiconductor equipment customers including MCS and Dasom Tech. Pricing is not publicly disclosed and is set via customer-specific quotations based on mold complexity, production volume, and component specifications.

Revenue mechanics combine one-time mold development fees with recurring component production volumes across both automotive and semiconductor-equipment end markets. The company is privately held by founder/CEO Kim Han-seob (김한섭), a 30-year veteran mold technology engineer, with no disclosed institutional investors, parent company, or external funding rounds. As of the most recent disclosure, headcount stands at 14 employees (4 management, 10 production), FY2019 revenue was 2.6 billion KRW, and the production facility occupies approximately 1,100 pyeong (≈3,635 sqm) of land with 250 pyeong (≈826 sqm) of built area, all in a single South Korean site.

Name

innotool

Legal name

(주)이노툴

Website

https://innotool.kr

Company type

Private

Founded year

2007

Operating status

Operating

Short description

Innotool is a privately held South Korean precision manufacturer that designs and produces CNC-machined molds and insert-injection-molded components, supplying automotive OEMs/tier-1 suppliers (Hyundai/Kia, Continental, Mando) and semiconductor equipment makers via direct B2B supplier qualification.

Ownership category

akta.pro rank

Product category

Precision Mold and Injection-Molded Automotive Components Manufacturing

NAICS

Industrial Mold Manufacturing (333511), Motor Vehicle Parts Manufacturing (3363)

SIC

Plastics Products, Nec (3089), Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Custom Injection Molding & Contract Manufacturing (Job Shops/CMs) (IMANAFAJ)

akta.pro secondary industries

Insert & Overmolding (Metal/Plastic, Multi-Material) (IMANAFAI), Automotive & Transportation Injection Molded Parts (IMANAFAB), Electrical & Electronics Injection Molded Components (Connectors, Housings) (IMANAFAD)

Keywords

• Precision mold manufacturing
• CNC machining services
• Injection molding parts
• Automotive sensor components
• Semiconductor equipment parts

Headquarters

HQ city

Cheonan

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Precision Molds and Injection-Molded Component Manufacturing: Revenue generated from the design, machining, and production of precision molds (die casting/injection molds) and the subsequent mass production of injection-molded automotive and semiconductor components. This is a product manufacturing model with both one-time mold development revenue and recurring component production revenue.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Innotool designs, machines, and fabricates precision molds and dies, and produces injection-molded components for the automotive and semiconductor industries. Its services span precision mold/die manufacturing (금형제작), insert injection molding (사출성형) including its proprietary single-operation multi-material process, and mass production of automotive parts such as sensor heads, motor housings, grommets, bearings, start buttons, and covers. Customers are Korean and global automotive OEMs and tier-1/tier-2 suppliers such as Hyundai-Kia, Continental, Mando, Asentech, Nifco Korea, and Shinhung Precision.

Product overview

innotool is a precision manufacturing company specializing in mold/die manufacturing and injection molding services. The core offerings include 금형제작 (mold manufacturing with design, machining, and fabrication), 사출성형 (injection molding), and 인서트 사출공법 (insert injection molding technology). The company serves automotive and semiconductor industries, producing components such as sensor heads, motor housings, grommets, bearings, automotive start buttons, and covers. Operations are organized around in-house CNC machining capabilities, precision mold fabrication, and injection molding production.

Differentiator

Problem solved

Functional benefit

Products and services

• Precision Mold/Die Manufacturing (금형제작) Precision mold and die manufacturing including design, CNC machining, 3D modeling/CAM, and fabrication of molds for automotive sensor heads, motor housings, and semiconductor components. Targeted at automotive OEMs and tier-1 suppliers and semiconductor equipment makers.
• Injection Molding (사출성형) Precision injection molding services for automotive parts and semiconductor components, including insert injection molding. Targeted at automotive OEMs/tier-1 suppliers and semiconductor equipment manufacturers.
• Insert Injection Molding (인서트 사출공법)

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Asentech / 세종공업 (Asentech / Sejong Industries)coreOthersAsentech is a major Korean automotive sensor and electronics manufacturer. Innotool is registered as a supplier to Asentech, providing precision mold components and automotive sensor parts. The relationship is a B2B supplier-customer partnership.

Scale indicators3 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Nifco Korea: Korean subsidiary of Japan's Nifco, a global plastics fastener and component supplier to automotive OEMs. Comparable as a precision plastics/injection-molded component supplier into the same Hyundai/Kia ecosystem that Innotool serves.
• Inzi Controls: Korean precision component manufacturer producing automotive and electronics parts including mold-based components. Comparable in precision manufacturing capabilities for automotive and semiconductor-adjacent customers, though significantly larger.
• Sungwoo Hitech: Large Korean tier-1 automotive parts and mold maker supplying Hyundai/Kia and global OEMs. Directly comparable automotive customer base but operates at significantly greater scale across stamping, welding, and injection-molded assemblies.
• Mando: Major Korean tier-1 automotive supplier of steering, braking, and suspension systems (and a named Innotool customer). Comparable as a downstream customer but also a large incumbent competing for mold and component contracts internally.
• Hwashin: Major Korean automotive parts and mold manufacturer with global manufacturing footprint. Comparable in serving Korean automotive OEMs with molded and machined components but at a much larger revenue and headcount base.

Direct peers

• Sejong Industrial (Asentech / Sejong Industries): Korean automotive sensor and electronics manufacturer and Innotool's named customer. While a customer rather than a mold competitor, it represents a directly comparable precision plastics and sensor-component manufacturer in the same Korean automotive supply chain.
• Sejin Steel Industries: Korean manufacturer of precision metal/plastic mold components and tooling. Comparable as a domestic Korean mold and component maker supplying automotive and electronics customers with similar manufacturing scope.
• Hansung Mould (한성금형): Specialized Korean precision mold maker serving automotive and electronics customers. Closely comparable in core capability (precision mold design and fabrication) and customer segment, though typically larger.
• Daesung Industrial (대성산업): Korean manufacturer of precision molded plastic and metal components for automotive applications. Comparable in offering insert/precision injection molding and mold fabrication into the Korean automotive OEM base.

Others

• Korea Honeywell: Korean arm of Honeywell (a named Innotool customer for aerospace/industrial mold components). Relevant as a downstream aerospace/industrial customer that sources precision molds and components similar to Innotool's offerings.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about innotool