MORAI raises $20.8M Series B for autonomous-system simulation

Feb 8, 2022 · Funding · MORAI · Simulation

MORAI raised a $20.8 million Series B to expand its autonomous-driving simulation platform and international footprint.

MORAI company media
Company media · MORAI
  • Korea Investment Partners, KB Investment and Korea Development Bank participated.
  • Existing investors included Naver D2SF, Hyundai Motor Group, Kakao Ventures and Atinum Investment.
  • The round was also reported as KRW 25 billion.

MORAI develops digital-twin simulation software for testing and validating autonomous vehicles, mobile robots, uncrewed aircraft and maritime systems. Its environments combine HD maps, physics-based sensor models, configurable scenarios and scalable cloud execution for software-, hardware- and vehicle-in-the-loop workflows. Founded by KAIST researchers, the Seoul company supports automotive, robotics and defence development programmes.