Nota AI Secures $19.9M in Series C to Advance AI Optimization and Collaboration with Semiconductor Giants
Nota AI focuses on advancing generative AI model optimization for various industries, including robotics and mobility, promoting broader applications of AI in daily life.
Company Name: Nota AI
Location: Seoul, South Korea
Sector: Technology, Artificial Intelligence
Funding Details: Raised $19.9M in Series C funding, bringing the total investment to approximately $42.6 million (53.2 billion KRW). The round was led by STIC Ventures and LB Investment, with new contributions from Korea Development Bank and Mirae Asset Securities. Existing investors Stonebridge Ventures, InterVest, and DS Investment Partners, as well as a key AI semiconductor CVC, also participated.
Purpose of Investment: To recruit AI optimization talent and enhance collaborations with global AI semiconductor companies to expand its business.
Leadership: Led by CEO Myungsu Chae.
Product: Nota AI specializes in edge and on-device generative AI technology. Its platform, NetsPresso, optimizes AI models for device compatibility, enabling them to run directly on devices. The company has formed partnerships with major global tech companies like NVIDIA, ARM, Intel, STMicroelectronics, and Renesas.
About Company: Nota AI focuses on advancing generative AI model optimization for various industries, including robotics and mobility, promoting broader applications of AI in daily life. The company is also enhancing its collaborations with strategic investors in the AI semiconductor sector. Nota AI is planning an IPO early next year, with Mirae Asset Securities leading the process, marking a significant milestone in its growth and development in the AI optimization field.