Tech Company Financing Transactions
MORAI Funding Round
MORAI, based in Gangnam-gu, secured $1.8 million in funding from private investors, Kakao Ventures and KODIT.
Transaction Overview
Company Name
Announced On
11/19/2020
Transaction Type
Venture Equity
Amount
$1,800,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to continue development of its simulation software and scale the platform, to reach out to international customers and partners.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
501 Teheran-ro Samseong-dong Seoul
Gangnam-gu, Undisclosed
South Korea
Gangnam-gu, Undisclosed
South Korea
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
The automotive industry is moving towards autonomous driving. Any automated system must undergo some form of verification and validation, and even more so if it involves human safety.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jiwon Jung
Chief Technical Officer
Jun Hong
Co-Founder
Sugwan Lee
Browse more venture capital transactions:
Prev: 11/19/2020: Obligo venture capital transaction
Next: 11/19/2020: Rapid Robotics venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records on this site come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs