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MakinaRocks: Raises $10M in Series A Funding

August 14, 2020

MakinaRocks, a Seoul, South Korea-based industrial AI solutions startup focused on manufacturing, raised $10m in Series A funding
The company intends to use the funds to expand its portfolio and develop a Software as a Service (SaaS) platform built on the existing on-premise solutions
MakinaRocks specializes in industrial AI with a primary focus on providing intelligent control for anomaly detection in manufacturing equipment and improved product quality
Then the company has already collaborated with major corporations in various industries to apply its solution to a wide range of production lines
Its solutions enhance the product and production processes of various industries such as semiconductors, automobiles, batteries, and energy
In its 2018 seed-round funding, MakinaRocks received funding from SK Telecom, Hyundai Motors, and Naver, as investors