Nota AI expects a 300% increase in sales for 2024 compared to the previous year. They are actively pursuing strategic collaborations with partners and expanding their overseas business to establish themselves as a global leader in on-device AI.
Organizations Involved
STIC Ventures, LB Investment, Korea Development Bank, Mirae Asset Securities, Stonebridge Ventures, InterVest, DS Investment Partners, Naver D2SF
Founders
Myungsu Chae
Company Description
Nota AI is a leading South Korean startup specializing in AI optimization and lightweighting technology. They focus on edge and on-device generative AI technology, aiming to extend their AI model optimization technology to industries like robotics and mobility. Nota AI plans to file for an IPO early next year with expectations of significant sales growth and global leadership in on-device AI.
Market
AI Semiconductor
Location
Seoul,
South Korea
Coinvestors
STIC Ventures, LB Investment, Korea Development Bank, Mirae Asset Securities, Stonebridge Ventures, InterVest, DS Investment Partners