Korean Semiconductor Industry Titans Back DEEPX in Series C Funding Round
SEOUL, South Korea, May 9, 2024 /PRNewswire/ -- DEEPX , a prominent AI semiconductor technology startup under the leadership of CEO Lokwon Kim, is delighted to announce the successful conclusion of its Series C funding round, amassing $80.5M (KRW 110B).
- SEOUL, South Korea, May 9, 2024 /PRNewswire/ -- DEEPX , a prominent AI semiconductor technology startup under the leadership of CEO Lokwon Kim, is delighted to announce the successful conclusion of its Series C funding round, amassing $80.5M (KRW 110B).
- The round was spearheaded by SkyLake Equity Partners with participation from BNW Investments and AJU IB, alongside existing stakeholder TimeFolio Asset Management.
- CEO Lokwon Kim expressed his admiration for Mr. Chin, stating, "Mr. DaeJe Chin, who elevated the Korean semiconductor industry to global prominence, is the ideal person to validate DEEPX's achievements.
- DEEPX specializes in original on-device AI semiconductor and computing solutions across multiple sectors, including physical security, robotics, smart mobility, and artificial intelligence.