Seedronix has secured 15 billion KRW in Series B funding to advance its autonomous navigation solutions for ships, highlighting its innovative capabilities and strong potential for global market expansion.
Target Information
Seedronix, a company specializing in autonomous navigation solutions for ships, has successfully raised 15 billion KRW in a Series B funding round, as announced on the 6th. Established in 2015, Seedronix has demonstrated its exceptional research capabilities and utilized vast amounts of real-world operational data to develop AI technologies for maritime situational awareness, which were previously deemed unattainable.
The company has gained recognition for its cutting-edge technologies, evidenced by accolades such as the CES 2024 Innovation Award, the world's first classification type approval, and certifications for new technologies and innovative products from the Ministry of Oceans and Fisheries. By engaging in a government-led project aimed at developing technology for autonomous ships worth 160 billion KRW, Seedronix has contributed to securing national future technology and enhancing industrial competitiveness through collaboration with national research institutions.
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Industry Overview
In South Korea, the maritime industry is evolving rapidly, driven by advancements in technology and the increasing demand for efficient and safe navigation solutions. The government has been proactive in promoting innovation within this sector, with a fo
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Transaction Size: $113M