AI & Enterprise
Pablo Aviation raises 11 billion won ahead of IPO
Pablo Aviation, a swarm AI aerospace and defence platform company, said on Jan. 28 it completed its pre-IPO bridge round, the final funding stage ahead of a planned initial public offering. The company said it raised 11 billion won in new investment, bringing cumulative funding to 107.5 billion won. It said the money will fund R&D for swarm AI commercialisation and bolster strategic partnerships in aerospace and defence.