KoreaTechDesk | Korean Startup and Technology News

Sat, August 02, 2025

Sign in

Virtual Demo Day
Menu
  • Home
  • Startup News
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Manufacturing
    • Press Release
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation
    • Investments
    • Ecosystem & Lists
  • Governments
    • Artificial Intelligence Industry Cluster Agency
    • Daegu Technopark
    • GANGNAM-GU
    • Gyeonggido Business & Science Accelerator
    • Hwaseong Industry Promotion Agency
    • Invest Seoul
    • Korea Creative Content Agency
    • Korea Internet & Security Agency
    • Korea Information Security Industry Association
    • Korea Institute of Startup & Entrepreneurship Development
    • Korea Tourism Organization
    • Korea Trade-Investment Promotion Agency
    • Ministry of Culture, Sports and Tourism
    • Ministry of SMEs & Startups
    • National IT Industry Promotion Agency
    • Pangyo Techno Valley
    • Seoul Business Agency
    • Seoul FinTech Lab
    • South Gyeongsang Province
    • Seoul Metropolitan Government
  • Events
    • COMEUP
    • Korea Fintech Week
    • K-Content Expo
    • NextRise
    • Try Everything
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
  • Programs
    • Asan Voyager
    • CAPA Global Program
    • Campus Town Program
    • SGSC Global Bootcamp
    • Gangnam-gu Global Roadshow
    • Global SaaS Marketplace Support Project
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
    • Yonsei Univ Global Class
    • KOSME Global Program
  • Partner With Us
    • Press Release
    • Startup Scouting
    • Business Agencies
    • Global Mentorship Program
    • Investment Opportunities
    • K-Scouter Program
  • Lists
  • Virtual Demo Day
  • Home
  • Startup News
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Manufacturing
    • Press Release
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation
    • Investments
    • Ecosystem & Lists
  • Governments
    • Artificial Intelligence Industry Cluster Agency
    • Daegu Technopark
    • GANGNAM-GU
    • Gyeonggido Business & Science Accelerator
    • Hwaseong Industry Promotion Agency
    • Invest Seoul
    • Korea Creative Content Agency
    • Korea Internet & Security Agency
    • Korea Information Security Industry Association
    • Korea Institute of Startup & Entrepreneurship Development
    • Korea Tourism Organization
    • Korea Trade-Investment Promotion Agency
    • Ministry of Culture, Sports and Tourism
    • Ministry of SMEs & Startups
    • National IT Industry Promotion Agency
    • Pangyo Techno Valley
    • Seoul Business Agency
    • Seoul FinTech Lab
    • South Gyeongsang Province
    • Seoul Metropolitan Government
  • Events
    • COMEUP
    • Korea Fintech Week
    • K-Content Expo
    • NextRise
    • Try Everything
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
  • Programs
    • Asan Voyager
    • CAPA Global Program
    • Campus Town Program
    • SGSC Global Bootcamp
    • Gangnam-gu Global Roadshow
    • Global SaaS Marketplace Support Project
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
    • Yonsei Univ Global Class
    • KOSME Global Program
  • Partner With Us
    • Press Release
    • Startup Scouting
    • Business Agencies
    • Global Mentorship Program
    • Investment Opportunities
    • K-Scouter Program
  • Lists
  • Virtual Demo Day
Home Startup AI & Big Data

South Korean AI startup Nota raises $6.7M Series A funding from Samsung SDS, LG CNS and others

by KoreaTechDesk Writer
August 18, 2020
in AI & Big Data, Investments
1
Nota

Image source: Nota

0
SHARES
35
VIEWS
Share on FacebookShare on Twitter

Seoul-headquartered Nota, an on-device AI solution startup, has raised $6.7M (8 billion KRW) in series A investment round by investors SBV(Pre-series A investor), LB investment, Samsung SDS (utilizing Samsung Venture Investment Corporation fund) and LG CNS as a strategic investor. With this raise, the firm has raised $8.4M(10 billion KRW) in total.

NetsPresso, the automatic AI compression platform developed by Nota, is the significant investment decision factor for multiple global companies have joined in this round. NetsPresso is Nota’s core technology that maximizes the AI model compression rate while minimizing the loss of performance.

Unlike exisiting solutions, NetsPresso can create a compressed AI model without a professional engineers’ support due to its automatic processing. The core competence of NetsPresso is producing accurate and fast AI models in a short period. NetsPresso won the Intelligence Award by KIISS (Korea Intelligent Information System Society).

Sung-In Oh, VC, LB investment said – “Nota’s outstanding AI experts have successfully developed automatic AI compression platform. We invested with confidence because we foresee that NetsPresso can serve as the core solution for a company that has a needs of industrial AI.”

Nota shared that the funding would be used to advance the AI model compression technology and expand overseas business. The startup is also actively recruiting top-level professionals to grow its research and development competence.

Myungsu Chae, CEO of Nota said – “This is exceptional that global companies like Samsung and LG have joined strategic investment simultaneously. It has a significant meaning that Nota was noticed for the deep learning model compression and its technology. We are now planning to expand our business globally. It is an opportunity to leap as an on-device AI leader.”

Various industry clients have partnered with Nota for AI model compression technology. Nota has signed MOU with E-mart (#1 retail company in South Korea) for developing inventory checking and management solutions.

Nota inventory management
Nota inventory management solution. Image source: Nota

Nota is part of the ‘Financial big data platform,’ which supports financial big data convenience and serves AI model development based on data. Based on these success cases, Nota has reached a 1,000% sales growth from last year.

Tags: AIfundingLGSamsung
Previous Post

Korean company PENS Co., Ltd. aspires to enter the Biomaterial health & wellness products market

Next Post

Korean startup Soonnoc helping women maintain beautiful eyelashes with its brand Vive Lab

Next Post
Vive Lab's brow-lash serum.

Korean startup Soonnoc helping women maintain beautiful eyelashes with its brand Vive Lab

Please login to join discussion

POPULAR POSTS

‘Solar Pro 2’: Korea’s First Global AI Fronti...
Korean AI startup Upstage has made history.…
by KoreaTechDesk Writer . 22 Jul 2025

Korean Startup Suriwang Manager Gains 70+ Clients in a ...
Repair marketing is getting smarter and more affordable with Suriwang Manager, a fast-growing AI-powered marketing tools from Korean startup Team…
by KoreaTechDesk Writer . 22 Jul 2025

Startup NOTAG Korea: The Secret Formula of Successful K...
In today’s fiercely competitive race to globalize Korean fashion and beauty, a Korean startup has managed to crack the Southeast…
by Dae-jung Park . 24 Jul 2025

Korean Government Launches New Smart Safety Tech Progra...
South Korea’s Ministry of SMEs and Startups (MSS) has launched a major new smart safety tech program aimed at reducing…
by Chloe kim . 24 Jul 2025

Needer Expands Spot Work Market with Strategic Investme...
Korea is set to see significant growth in flexible employment solutions, as Korean startup Needer secures a strategic investment from…
by Richard Park . 26 Jul 2025

Register for Event

MOST READ ARTICLE OF THE WEEK

1.
South Korea’s Ministry of SMEs and Startups Unveils $2.23 Billion Support Plan for Startups in 2025
3 Jan 2025
2.
South Korea Shines at CES 2025: Global Innovation Champion, Record-Breaking K-Startup Pavilion, Award-Winning Innovations
10 Jan 2025
3.
South Korea Opens Applications for the 10th K-Startup Grand Challenge 2025 – Korea’s Flagship Market-Entry Program Offering ₩950M (US$633K) in Government Support 
7 May 2025
4.
K-Startup Grand Challenge : Empowering Global Startups and Driving Innovation in South Korea
28 Apr 2025
5.
AI in South Korea: Startups Leading the Generative AI Revolution
1 Apr 2025

List Article

1.
6 Reasons Why Seoul Is Poised to Become a Top 5 Global Economic Hub by 2030
20 Aug 2024
2.
Top Co-working Spaces for Startups & Companies to Explore in South Korea
3 Apr 2024
3.
Top Accelerators in South Korea Shaping Startup Success
29 Nov 2023
4.
Top Korean Venture Capital Firms Backing Startup Success
26 Oct 2023
5.
Top Apps for Seamless Korean to English Translation
14 Aug 2023

Similar Articles

AI & Big Data

GPTKiller’s Muhayu: First in AI Hiring Tech to Achieve ISO 9001 Certification

More
Investments

Needer Expands Spot Work Market with Strategic Investment from Japan’s Timee

More
AI & Big Data

‘Solar Pro 2’: Korea’s First Global AI Frontier Model – Beating GPT by 5 Points

More

Topics

Menu
  • AI & Big Data
  • AR & VR
  • Blockchain
  • Clean Technology
  • Content & Games
  • Cybersecurity
  • Enterprise & SaaS
  • FinTech
  • Gadgets & Electronics
  • Health & Bio
  • IoT

Program

Menu
  • Asan Voyager
  • CAPA Global Program
  • SGSC Global Bootcamp
  • LAUNCHPAD
  • COMEUP STARS 120
  • K-Startup Grand Challenge
  • TIPS X beSUCCESS Global Project
  • SFL Global Program
  • KTO Global Showcase
  • Yonsei Univ Global Class
  • KOSME Global Program

About

Menu
  • About Us
  • all articles
  • Terms of Use
  • Privacy
  • Cookie-policy
  • twitter

Subscribe and be informed first hand about actual Korean startup news.

All the day’s headlines and highlights, direct to you every morning.

Contact us : [email protected]

Topics

Menu
  • AI & Big Data
  • AR & VR
  • Blockchain
  • Clean Technology
  • Content & Games
  • Cybersecurity
  • Enterprise & SaaS
  • FinTech
  • Gadgets & Electronics
  • Health & Bio
  • IoT

Program

Menu
  • Asan Voyager
  • CAPA Global Program
  • SGSC Global Bootcamp
  • LAUNCHPAD
  • COMEUP STARS 120
  • K-Startup Grand Challenge
  • TIPS X beSUCCESS Global Project
  • SFL Global Program
  • KTO Global Showcase
  • Yonsei Univ Global Class
  • KOSME Global Program

About

Menu
  • About Us
  • all articles
  • Terms of Use
  • Privacy
  • Cookie-policy
  • twitter

Subscribe and be informed first hand about actual Korean startup news.

All the day’s headlines and highlights, direct to you every morning.

© 2023 Koreantech News & Media Korea Zrt. All rights reserved.

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback

dgdfgfdgdf

What you think about Koreatechdesk, Share your idea with us!

feedback popup

Invitation submission has been closed

Insert/edit link

Enter the destination URL

Or link to existing content

    No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.