MakinaRocks, a South Korean industrial AI solutions provider, announced that it has raised ₩12 billion ($10 million) in a Series A funding round that will finance its global expansion plan.
The latest funding round for the Naver-backed startup was participated by a host of strategic investors, including LG Technology Ventures, Hyundai Motor Company, Applied Ventures, Shinhan Investment Corp., HB Investment, Daesung Private Equity, and Korea Development Bank.