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(Mobiltech) |
South Korean platform giant Naver Corp. announced on Thursday that Mobiltech Co., an artificial intelligence (AI) startup backed by its corporate venturing team D2SF, has secured 3 billion won ($2.04 million) in investment from CJ Investment Inc.
In 2023, Mobiltech had raised 13 billion won in Series B funding from Korea Investment & Securities Co.
Founded in 2017, the AI-based 3D GIS startup offers high-precision mapping and virtual replicas of cities.
Mobiltech plans to use the funds to prepare for an initial public offering (IPO) on the Kosdaq market.
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