Tech Company Financing Transactions
AIMMO Funding Round
AIMMO, based in Seongnam-si, secured $12 million in investment from DS Asset Management, Hanwha Investment and Industrial Bank of Korea.
Transaction Overview
Company Name
Announced On
1/4/2022
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
Proceeds Purpose
"The pandemic accelerated transforming contactless technology with AI deployment for intelligence surveillance, smart city, autonomous driving, smart factory and robotics where AI data is inevitably needed," Doyle Chung, head of Global Sales of AIMMO, said in an email interview. "Among all the directions and industries, our focuses are [mainly] smart city and autonomous driving."
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Elentec Building Pangyoro Bundang-gu 9F,
Seongnam-si, 228 17
Republic of Korea
Seongnam-si, 228 17
Republic of Korea
Phone
Undisclosed
Website
Email Address
Overview
Our latest product, AIMMO Enterprise, is a web-based, self-serve data annotation platform that is packed with features just you need. Its intuitive UI is easy-to-use and the annotation tools are super-efficient. Plus, AIMMO Enterprise comes with custom workflow designs, labeler analytics, and real-time communication functions, all free of charge.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marc Gstöhl
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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