Autonomous A2Z closes KRW 40.5 billion Pre-IPO round
Autonomous A2Z closed a KRW 40.5 billion Pre-IPO financing to advance Level 4 autonomous-driving technology, international projects and preparations for a planned Korean listing.
Evidence notes
- Existing investor DS Investment Partners anchored the round; Nvestor, KB Investment, KB Securities and Hana Securities also returned, alongside Daesung Venture Capital, Suin Investment Capital and E&Venture Partners.
- Autonomous A2Z’s company materials state that the KRW 40.5 billion round brought cumulative funding to KRW 122.5 billion.
- The company said the proceeds would fund inventory for domestic and overseas expansion, end-to-end autonomous-driving infrastructure and hiring ahead of a planned Korean listing.
Company context
Autonomous A2Z develops full-stack autonomous-driving software, redundant vehicle controllers and autonomous mobility platforms for public-transport and smart-city deployments.