Deepfine Raises KRW 10 Billion in Series B Funding
IT DAILY ·
✦ AI Summary
Deepfine announced on the 18th that it had raised KRW 10 billion in Series B funding.
Hyosung Ventures, POSCO Technology Investment, and LIG D&A-IBKC participated in the round.
Deepfine plans to use the funds to advance its industrial AI agent technology, enter global markets, and expand its business.
Deepfine announced on the 18th that it had raised KRW 10 billion in Series B funding. The company plans to use the funds to advance its industrial AI agent technology, enter global markets, and expand its business.
Hyosung Ventures, POSCO Technology Investment, and LIG D&A-IBKC participated in the round. Deepfine's cumulative funding has reached about KRW 18 billion.
Deepfine said the funding reflects its experience in building solutions for a range of industrial sites. It also said the round recognized its technology for integrating with existing systems and its platform architecture, which can scale across industries.
Deepfine also said strategic investors with ties to its core industries, including logistics, manufacturing, heavy industry, and defense, participated in the round. The company is developing an industrial AI agent platform that digitizes complex work processes on industrial sites and supports workers' tasks with AI.
The platform consists of smart glasses, vision AI, spatial computing, and on-site data analysis technologies. At its core, the platform connects the full range of on-site work, including task instructions, execution guidance, verification, recording, and analysis, through a single platform.
Deepfine plans to use the Series B proceeds to advance its industrial AI agent technology, expand its SaaS business in logistics and MRO, build industry-specific standard models based on enterprise customers, strengthen operational analytics capabilities based on on-site data, prepare for global market entry, and expand its core R&D workforce.
Deepfine has a track record of raising funding before the Series B round, with previous investors including the Korea Technology Finance Corporation, IBK Bank, Hyundai Motor Group, and LS Group. Deepfine said it has built up validation of its business viability and technology through investment from major policy finance institutions, financial sector investors, and industrial investors. Through this round, the company expects to strengthen cooperation with key companies in major domestic industries, including mobility, power and automation, logistics, manufacturing, heavy industry, and defense.
Deepfine CEO Kim Hyun-bae said the significance of this Series B investment is that Deepfine has been recognized as a company that connects digital transformation on industrial sites to tangible operational results. He added that the company aims to grow into an AI agent platform company that innovates work methods and operating systems on industrial sites based on its proven field-tested technology.
As many tasks on industrial sites still rely on human experience and manual work, work instructions, inspections, equipment checks, blueprint reviews, and safety management were cited as key areas. Deepfine said it is developing AI technology that understands the context of on-site work to support workers' decision-making and execution processes, and based on that, it plans to build platforms for enterprise customers in order to improve productivity, accuracy, and safety at the same time.
Source: IT DAILY · Yang Seung-gap
Original: https://www.itdaily.kr/news/articleView.html?idxno=241031
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Source: IT DAILY
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