Search results for SV Investment
AI & Enterprise
Neocloud market shifts as SoftBank and Meta enter
The neocloud market for AI-focused cloud computing is shifting as major players enter. SoftBank Group and its telecom unit SoftBank plan to start a neocloud business next fiscal year, renting AI computing resources to U.S. companies. Meta is also stepping up plans to use its data centres for cloud services. Nvidia is expanding support for smaller cloud firms that lease its GPUs. Big cloud companies are also building forward deployed engineer teams for enterprise AI.
AI & Enterprise
Physical AI firm Carbonsix raises $40 million in Series A funding
Carbonsix, a physical AI company targeting manufacturers, said on Wednesday it raised $40 million (60 billion won) in a Series A round from Korean and U.S. venture capital firms including DSC Investment, LB Investment, IMM, KDB, SV Investment, Cortentia and A Squared. The company develops robot AI products and automation technology that can be deployed directly at manufacturing sites. It said its approach builds a data flywheel through tool use, data accumulation and model improvement.
AI & Enterprise
Korea Deep Learning completes 12 billion won Series A funding to expand workflow automation
Korea Deep Learning said it has completed a 12 billion won Series A funding round, with Korea Development Bank participating as the final investor. Translink Investment led the round and SV Investment joined as a key co-investor. Korea Development Bank invested 5 billion won, more than 40 percent of the total. The company said it has more than 80 customers and cumulative sales of 10 billion won, and plans to expand into workflow automation in 2026.