AI storage specialist Dinotisia is raising Series A funding to expand its vector database and dedicated semiconductor businesses. Dinotisia said on Monday it secured 90 billion won in investment.

Elohim Partners led the round. New institutional investors included Korea Asset Capital (KAICTwo Ventures), Kiwoom Investment, Starting Line, Maple Investment Partners, Daesung Venture Capital, Shinhan Venture Investment and Almus Investment. Existing investors Kolon Investment, HB Investment, Tony Investment and SJ Investment Partners also joined with follow-on funding.

Jae-ho Lee (이재호), chief executive of Elohim Partners, said Dinotisia is a rare company that develops vector database software, software-as-a-service and the VDPU acceleration chip dedicated to vector data processing. He said the firm decided to invest after considering the completeness of the technology, progress on commercialization, the reliability of the business structure and follow-on participation by existing investors.

Dinotisia is pursuing its AI storage business with the Seahorse vector database and the VDPU (Vector Data Processing Unit) chip as core products. VDPU is designed to accelerate the data search and processing layer and focuses on addressing surging processing bottlenecks in generative AI environments. The company in March unveiled an AI storage strategy that integrates external knowledge, long-term memory and short-term working memory into a single data stack.

Commercialization is also continuing. Seahorse in January obtained GS certification at grade 1, and in March launched an official cloud SaaS version. VDPU completed tape-out in December last year, and the company is aiming to unveil the product in the second half of 2026 and then move to mass production. It has carried out proof-of-concept work with global storage and server manufacturers to apply VDPU technology.

The company plans to use the funds to advance Seahorse cloud and on-premises products, prepare for VDPU commercialization, expand its global business and secure key talent. Dinotisia has also recently selected Korea Investment & Securities and Shinhan Securities as joint lead underwriters and is pursuing preparations for an initial public offering in parallel.

Dinotisia CEO Moo-kyung Jung (정무경) said AI infrastructure has so far developed around computing, but the importance is growing of memory, the company’s core technology. He said this refers to the ability to store data and quickly retrieve and use it when needed. Jung said the investment will help the company move ahead in earnest with its AI storage business based on Seahorse and VDPU and leap to become a core company in next-generation AI infrastructure.