UVify secures KRW 60 billion for global drone expansion
UVify raised KRW 60 billion from Krit Ventures and NXC to expand its swarm-drone business and develop autonomous and defense applications.
Evidence notes
- Krit Ventures and Nexon holding company NXC invested KRW 60 billion in the drone swarm and autonomous-flight company.
- UVify linked the financing to global expansion after generating most of its revenue overseas and becoming the first Korean drone company to receive a $10 million Export Tower.
- The company said it would deepen entertainment swarm technology while expanding into autonomous flight, physical AI and next-generation defense drones.
Company context
UVify develops high-performance drones and swarm robotics platforms for drone shows, research and autonomous-system applications. Its IFO platform is used for choreographed swarm light shows and aerial robotics research.