- 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