Sionic AI, a Seoul-based enterprise AI startup, has raised KRW 25 billion (about USD 18 million) in new funding, bringing its complete capital raised to greater than KRW 30 billion.
The spherical drew participation from 10 buyers, together with strategic buyers Naver Cloud and IBK Industrial Financial institution of Korea, in addition to top-tier monetary buyers resembling Atinum Funding, LB Funding, IMM Funding, KT Funding, Companions Funding, Korea Funding Companions, Mirae Asset Enterprise Funding·Flux Ventures, BSK Funding, and Samsung Enterprise Funding.
Based in 2022, Sionic AI develops STORM, a no-code platform that lets enterprises construct and handle AI brokers utilizing inside information whereas assembly safety and compliance necessities. The corporate has been gaining traction amongst monetary establishments and enormous corporates, and is increasing a joint go-to-market initiative with Naver Cloud in each home and abroad markets.
Atinum Funding and LB Funding, which led the spherical, mentioned Sionic AI’s power lies in addressing reliability, hallucination, and data-handling challenges that usually emerge when deploying generative AI in company environments.
The corporate plans to make use of the brand new capital to advance its platform, develop its presence in Japan and Southeast Asia, and rent AI engineers.
CEO Seokhyun Ko mentioned the funding displays confidence within the firm’s technical roadmap and its capability to scale with companions resembling Naver Cloud. “Our purpose is to grow to be a number one enterprise AI supplier within the APAC area by 2030,” he mentioned.
