Search results for Dinotisia
Industry
Dinotisia raises 90 billion won in Series A to step up AI storage business
Dinotisia, an AI storage specialist, has raised 90 billion won in Series A funding to expand its vector database and dedicated semiconductor business. Elohim Partners led the round, joined by multiple new institutional investors and follow-on participation from existing backers. The company is developing the Seahorse vector database and a Vector Data Processing Unit chip. It plans to use the funds to upgrade products, prepare VDPU commercialization, expand globally and hire talent, while pursuing an IPO.
Industry
Dinotisia launches IPO process, selects Korea Investment Securities and Shinhan Securities as lead underwriters
Dinotisia said on Monday it has selected Korea Investment Securities and Shinhan Securities as joint lead underwriters and has begun full-scale preparations for an initial public offering. The company said it will prepare the entire listing process, from a technology assessment to preliminary review. It said it completed the VDPU design and tape-out for foundry production and aims to secure its first silicon chip in June. It also cited sales from its Seahorse vector database.
Industry
Dinotisia\'s \'Seahorse\' wins top-tier GS software certification
Dinotisia said on Tuesday its vector database solution, Seahorse, received the top Grade 1 GS software quality certification from the Telecommunications Technology Association. The national certification tests software in real operating environments based on ISO/IEC standards. Dinotisia said the result qualifies Seahorse for preferred purchasing by public institutions and helps meet requirements for entering the public market, including third-party unit price contracts with the Public Procurement Service.