Korea Development Bank

MakinaRocks named in 'CB Insights Advanced Manufacturing 50' List

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星期四, 七月 28, 2022

SEOUL, South Korea, July 28, 2022 /PRNewswire/ -- MakinaRocks, a South Korean AI startup specialized in the manufacturing and industrial sectors, was named in the 'Advanced Manufacturing 50' list published by CB Insights.

Key Points:

SEOUL, South Korea, July 28, 2022 /PRNewswire/ -- MakinaRocks, a South Korean AI startup specialized in the manufacturing and industrial sectors, was named in the 'Advanced Manufacturing 50' list published by CB Insights.
MakinaRocks was the only South Korean winner to be named in the 'Factory Analytics & AI' field.
CB Insights published its first annual Advanced Manufacturing 50 list, after reviewing a pool of over 6,000 companies.
MakinaRocks is an AI startup that offers AI solutions and an MLOps platform, both specialized for manufacturing and industrial sectors.

MakinaRocks Unveils 'Link' - The AI Modeling Tool Built To Leap Technical Hurdles in JupyterLab

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星期二, 六月 28, 2022

Cell, Palantir Technologies, SK Telecom, ML, Machine learning, Silicon, KRX, Google, Korea Development Bank, Hyundai Motor Company, Project Jupyter, Airbnb, Solution, AI, Comment, Multimedia, Medical device, Online shopping, MLOps

SEOUL, South Korea, June 28, 2022 /PRNewswire/ -- MakinaRocks, an AI-based startup specializing in manufacturing and industrial solutions, today launched a community version of its AI and Machine Learning (ML) modeling tool MakinaRocks Link™ (hereafter referred to as "Link"), making their industry-changing technology available for a wider variety of Machine Learning Operations (MLOps) environments.

Key Points:

Link enhances the usability of JupyterLab, offering more readable pipelines and improved collaboration while eliminating Kubernetes' technological hurdles.
Link is an extension for JupyterLab an interactive development interface for notebooks, code, and data that lets users easily create readable pipelines for AI and ML modeling.
Link maintains the usability of JupyterLab that data scientists rely on while removing technological hurdles related to Kubernetes, a portable, open-source platform for managing workloads and services.
Link offers a number of exciting features that will streamline workflows and dramatically improve the experience for those working with JupyterLab.

MORAI to Showcase Cloud-Based Autonomous Driving Simulation Technology at Automotive Testing Expo Europe 2022

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星期二, 六月 21, 2022

STUTTGART, Germany, June 21, 2022 /PRNewswire/ -- MORAI, a leading developer of full-stack autonomous vehicle simulation technology in Korea, announced today that it will showcase MORAI SIM Cloud, a cloud-based solution that builds a myriad of simulation environments without hardware restrictions and enable simultaneous testing at Automotive Testing Expo 2022.

Key Points:

STUTTGART, Germany, June 21, 2022 /PRNewswire/ -- MORAI, a leading developer of full-stack autonomous vehicle simulation technology in Korea, announced today that it will showcase MORAI SIM Cloud, a cloud-based solution that builds a myriad of simulation environments without hardware restrictions and enable simultaneous testing at Automotive Testing Expo 2022.
As Europe's largest vehicle and component testing and validation technology exhibition, Automotive Testing Expo Europe brings the latest in automotive testing, development, and validation technologies.
This year, the expo is held from June 21 to 23 in Stuttgart, Germany and MORAI will exhibit its latest autonomous driving simulation technology at the booth 1358.
"As a first-time exhibitor at Automotive Testing Expo Europe 2022, we are looking forward to showcasing our advanced technologies and bringing innovation to the autonomous driving industry," said Jiwon Jung, CEO of MORAI.

MORAI to Showcase Cloud-Based Autonomous Driving Simulation Technology at Automotive Testing Expo Europe 2022

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星期二, 六月 21, 2022

STUTTGART, Germany, June 21, 2022 /PRNewswire/ -- MORAI, a leading developer of full-stack autonomous vehicle simulation technology in Korea, announced today that it will showcase MORAI SIM Cloud, a cloud-based solution that builds a myriad of simulation environments without hardware restrictions and enable simultaneous testing at Automotive Testing Expo 2022.

Key Points:

STUTTGART, Germany, June 21, 2022 /PRNewswire/ -- MORAI, a leading developer of full-stack autonomous vehicle simulation technology in Korea, announced today that it will showcase MORAI SIM Cloud, a cloud-based solution that builds a myriad of simulation environments without hardware restrictions and enable simultaneous testing at Automotive Testing Expo 2022.
As Europe's largest vehicle and component testing and validation technology exhibition, Automotive Testing Expo Europe brings the latest in automotive testing, development, and validation technologies.
This year, the expo is held from June 21 to 23 in Stuttgart, Germany and MORAI will exhibit its latest autonomous driving simulation technology at the booth 1358.
"As a first-time exhibitor at Automotive Testing Expo Europe 2022, we are looking forward to showcasing our advanced technologies and bringing innovation to the autonomous driving industry," said Jiwon Jung, CEO of MORAI.

Vueron Technology has been approved LiDAR only autonomous vehicle permits from the California DMV

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星期五, 六月 17, 2022

Korea Development Bank, Interstate Highway System, Mapping, Safety, Technology, California Department of Motor Vehicles, View, Radar, DMV, California Department, Lidar, Motor vehicle, Interstate 5, GPS, Interstate 580, Multimedia, SAN, Life, Bridge

SAN JOSE, Calif., June 17, 2022 /PRNewswire/ --LiDAR autonomous vehicle startup Vueron Technology ("Vueron") has succeeded to obtain an autonomous vehicle permit that uses only one LiDAR sensor that no one has yet tried in California, where the numerous autonomous vehicle companies are fiercely competing.

Key Points:

SAN JOSE, Calif., June 17, 2022 /PRNewswire/ --LiDAR autonomous vehicle startup Vueron Technology ("Vueron") has succeeded to obtain an autonomous vehicle permit that uses only one LiDAR sensor that no one has yet tried in California, where the numerous autonomous vehicle companies are fiercely competing.
The California Department of Motor Vehicles approved LiDAR-only autonomous vehicle testing permits for Vueron.
Next quarter, Vueron expects to unveil the next generation of LiDAR autonomous vehicle platforms that can be worked on immediately based on its experiences and technologies of LiDAR.
Established in 2019, Vueron has provided a solution that enables autonomous driving services based on the company's AI technology and LiDAR.

SSenStone Accelerates Business Development in Global Market with KDB's New Investment

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星期三, 六月 15, 2022

This investment is the result of SSenStone's technology high evaluation and growth potential while the need for proven authentication security solutions is gradually increasing due to the spread of digital transformation around the world.

Key Points:

This investment is the result of SSenStone's technology high evaluation and growth potential while the need for proven authentication security solutions is gradually increasing due to the spread of digital transformation around the world.
It is expected to be of great help to SSenStone in pioneering the global market opportunity of its pioneering card tapping mobile OTP business.
SSenStone is currently actively discussing supply its card tapping mobile OTP with a number of customers not only in Korea but also in Europe, the U.S and Asia.
SSenStone's reputation in the global market is gradually increasing, with its global headquarter, swIDch , winning "Startup of the Year" three times in a row at global awards.

Techstars Continues to Demonstrate Commitment to the Start-up Ecosystem in Korea

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星期一, 六月 13, 2022

This start-up exhibition jointly hosted by Korea Development Bank (KDB) and Korea International Trade Association (KITA) encourages entrepreneurship across Korea.

Key Points:

This start-up exhibition jointly hosted by Korea Development Bank (KDB) and Korea International Trade Association (KITA) encourages entrepreneurship across Korea.
Nextrise 2022 will be held at COEX on June 16 and 17 with expected attendance of more than 3,000 companies.
Our highly personalized programs give startups the advantage they need to succeed in a growing Asian start-up ecosystem like Korea.
Techstars will continue to support Korean startups in 2022 and further expand engagement with the South Korea start-up ecosystem to help more founders succeed.

MORAI to Showcase True-to-life Autonomous Vehicle Driving Simulator at CommunicAsia 2022

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星期三, 六月 1, 2022

SINGAPORE, June 1, 2022 /PRNewswire/ --MORAI, a leading developer of full-stack autonomous vehicle simulation technology in Korea, announced today that it will showcase MORAI SIM Drive , its true-to-life autonomous vehicle driving simulator at CommunicAsia 2022.

Key Points:

SINGAPORE, June 1, 2022 /PRNewswire/ --MORAI, a leading developer of full-stack autonomous vehicle simulation technology in Korea, announced today that it will showcase MORAI SIM Drive , its true-to-life autonomous vehicle driving simulator at CommunicAsia 2022.
MORAI SIM Drive, true-to-life autonomous vehicle driving simulator can validate autonomous vehicles and provide simulation environments, sensors, and vehicle models identical to the real world.
He added, "We are excited to showcase our latest innovation at CommunicAsia 2022, the premier ICT event in the region.
MORAI was co-founded in 2018 by autonomous driving researchers from the Korea Advanced Institute of Science and Technology (KAIST).

oHouse Raises $182M Series D to Power the Global Adoption of its Lifestyle Super App

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星期一, 五月 9, 2022

Eight years ago, oHouse was simply a community of people sharing interior design content with one another, said Seungjae Lee, Founder and CEO of oHouse.

Key Points:

Eight years ago, oHouse was simply a community of people sharing interior design content with one another, said Seungjae Lee, Founder and CEO of oHouse.
By redefining how people decorate their homes, oHouse is powering innovation in the global interior design market.
oHouse recently acquired Hipvan, an online furniture platform in Singapore, which will help oHouse expand its presence throughout Southeast Asia.
As a leader in the lifestyle industry, oHouse combines innovative lifestyle services with the best-in-class customer experience to change peoples lives for the better.

Industrial AI Startup OnePredict Raises $25 Million Series C for Global Scale-up

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星期四, 三月 24, 2022

Vibration, KRW, Diagnosis, Health status of Asian Americans, Multimedia, Conference, Noise, KDB, Industry, Technology, Korea Development Bank, Solution, Turbomachinery, Series, AI, Temperature, Video game, Medical device

Along with previous investors including Stonebridge Capital and Atinum Investment, the latest funding round was made with the participation of a new investor groups consisting of LB Investment, Korea Development Bank (KDB), DAOL Investment, Shinhan Bank, KB Securities, LG Energy Solution, and GS Power. OnePredict has previously received KRW 4 billion and KRW 15 billion in funding in 2019 and 2020, respectively, which makes the total funding attracted by the company to date about KRW 49 billion-- which breaks the biggest investment record in the domestic industry.

Key Points:

OnePredict is an industrial AI-based software solution startup established in 2016 based in Korea.
Now, it is expected that its AI solutions will lead the digital transformation of the global energy and manufacturing industries."
OnePredict is growing as a global leader in industrial AI by introducing the GuardiOne solution that provides innovative facility diagnostic insights derived from high-level technology and rich industrial know-hows.
GuardiOne is an industrial AI-based software solution that analyzes industrial big data (noise, vibration, electric current, and temperature signals, etc.)