Search results for Kakao Investment
AI & Enterprise
RLWRLD raises $26 million in Seed 2 round to expand strategic investor base
Physical AI company RLWRLD said it raised Seed 2 funding to respond to rising demand for cooperation with domestic and overseas strategic partners. The company said the round was intended to expand alliances with strategic investors that have industrial sites, rather than simply raise more capital. RLWRLD said it secured $26 million in Seed 2 after raising about $15 million in Seed 1, taking total seed funding to about $41 million.
Games & Commerce
Kakao seeks AI talent at four science and technology institutes
Kakao Group on Jan. 26 released the first results of an industry-academia collaboration project aimed at identifying talent to lead the future AI industry. Kakao held a final round and awards ceremony on Jan. 22 at its AI Campus in Yongin. A total of 66 teams from KAIST, GIST, DGIST and UNIST took part. Five teams will share 39 million won in prize money and receive cloud credits, mentoring and possible follow-on investment consideration of up to 1 billion won per team.
Games & Commerce
Kakao CA council overhauls structure to shrink organization, speed up decisions
Kakao\'s CA council said on Thursday it will overhaul its organizational structure to strengthen execution for growth and speed up decision-making. It will shift from a system of four committees, two chiefs and one unit to a structure of three offices and four heads. The new offices will support group-level decisions on investment, finance and human resources. The new system takes effect on Feb. 1.