Superb AI secures Series C funding from Doosan and Hyundai
- Superb AI, established in 2018, gained $10.2 million in Series C funding led by Doosan Group.
- Investors included Hyundai Motor and Samsung Next, among others, demonstrating strong interest in AI technology.
- The startup's focus is on providing AI tools for data management and industrial automation, indicating growth potential in the tech sector.
Superb AI, a South Korean startup founded in 2018, recently secured $10.2 million in a Series C funding round led by Doosan Group, South Korea's oldest conglomerate. Other notable investors included Hyundai Motor and Samsung Next, alongside previous investors such as KT Investment. The company specializes in providing comprehensive AI tools for data tasks, especially in computer vision, and is focusing on applications in factory inspections and self-driving vehicle technology. With new capabilities such as on-premise AI tools set to launch soon, the startup aims to enhance efficiency in industrial operations while supporting major firms like Hyundai and Samsung in their technological advancements. The funding comes amidst a broader trend of investment in AI and semiconductor startups in South Korea, signaling potential growth in this sector despite global venture capital challenges.