RYUGIN LAB
Develops and produces 3D printers and provides 3D-printing, prototyping, related-product distribution, and custom 3D-printer development services.
- CEO / Founder
- Sung-jin Park (박성진)
- Team Size
- 1-10
- Stage
- Active
- Total Funding
- $500K
- Latest Round
- Grant
- Key Investors
- Korea Venture Investment Corp (KVIC), Seoul Business Agency (SBA), Ministry of SMEs and Startups
Technology & Products
Key Products
MORPHEUS; LIPS Resin 3D Printers; Lab C Printing Service; FFF Metal Printing Service
Technological Advantage
LIPS technology enabled the launch of the largest resin 3D printer under $5,000 (MORPHEUS) in 2016; the company pioneered the low-cost LCD resin boom in Korea.
Patent position
RYUGIN LAB filed 0 patent families in 2022–2024, falling from 7 in 2019–2021 (-100%), versus a -38% fall in tracked AM filings in the same patent offices. Its decline was steeper. AMPulse analysis
- Filing momentum
- 0 families filed 2022–2024, 7 in 2019–2021 (-100%); all tracked AM filings in the same offices -38%
- Filed in
- KR 100%
- Named competitors, AM patent families
- Desktop Metal 83Markforged 83
11 AM patent families in total. Recent years are still being published, so read a filing change against the same-office figure.
Differentiation
Value Proposition
Provides 3D-printing and prototype-production services alongside custom 3D-printer development and distribution of related products.
How They Differentiate
Focuses on extreme affordability and public accessibility in the Korean market, offering metal FFF services to the general public rather than just industrial enterprises.
Market & Competition
Target Customers
General public, education users, and low-end FFF printer users seeking affordable metal/resin access.
Industry Verticals
Education; General Manufacturing; Prototyping; Art/Sculpture
Competitors
Desktop Metal; Markforged
Growth & Milestones
Growth Metrics
1M+ total printing hours; 350+ education/lectures/exhibitions; 20+ printers in Lab C service; led Korea's $377M 3D market resin sector as of 2019.
Major Milestones
Oct 2013: Operations started; 2014: First free 3D printing workshops in Korea; 2016: LIPS technology launch in MORPHEUS printer; 2019: Low-cost metal printing service beta launch
Notable Customers
Seoul National University; Hanyang University; National Science Museum of Korea; Gwangju National Science Museum
AM patents
AM-relevant patents linked to this company.
- Patents
- 11
- Granted
- 6
- Families
- 11
Leading domains: process (11), equipment (10), material (1)
Filings by year: 2020: 3 · 2019: 4 · 2018: 2 · 2017: 1 · 2015: 1
- 3D PRINTING SYSTEM20210033917 · KR
- 3D PRINTER AND 3D PRINTING METHOD20220007560 · KR
- 3D PRINTING SYSTEM20220007561 · KR
- 3D PRINTER AND PRINTING SYSTEM101800860 · KR
- METHOD FOR 3D PRINTING20210065885 · KR