Tech Company Financing Transactions
Nota AI Funding Round
LB Investment, STIC Ventures and CVC Capital Partners participated in a $19.9 million Series C venture round for Nota AI. The round closed on 6/18/2024.
Transaction Overview
Company Name
Announced On
6/18/2024
Transaction Type
Venture Equity
Amount
$19,900,000
Round
Series C
Investors
LB Investment (Lead Investor)
STIC Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to actively recruit AI optimization talent and enhance collaborations with global AI semiconductor companies to expand its business.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Changjo-gwan, KAIST, 193, Munji-ro, Yuseong-gu 2219
Daejeon, Undisclosed
South Korea
Daejeon, Undisclosed
South Korea
Phone
Website
Email Address
Overview
Nota is a compressed AI solutions and software optimization platform business with a focus on the B2B and B2G markets. Our mission is to accelerate and maximize the everyday use of AI in the global market. Our main platform solution, NetsPresso, resolves Cloud and server-based AI solutions related issues, such as limited network, excessive cost, and privacy breach.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Myungsu Chae
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