Nota AI develops on-device generative AI optimization and lightweighting technology through its NetsPresso platform, enabling AI models to run directly on edge devices. The company has established official partnerships with global tech firms including NVIDIA, ARM, Intel, STMicroelectronics and Renesas and holds contracts to provide optimization technology to leading AI semiconductor companies. Founded in 2015 and based in Seoul, Nota AI has expanded its customer base domestically and internationally and has received early backing from Naver D2SF. Cumulative funding since inception is approximately $42.6 million, and the company reports strong near-term revenue momentum—expecting first-half 2024 sales to exceed total 2023 sales and forecasting a 300% sales increase for 2024 versus the prior year. With the new funding, Nota AI plans to recruit top AI optimization talent, deepen collaborations with global AI semiconductor players, and extend its optimization technology into industries such as robotics and mobility. The company is preparing for an IPO in early 2025 with Mirae Asset Securities as lead underwriter. Nota is a compressed AI solutions and software optimization platform founded in 2015 that focuses on B2B and B2G markets. Its main product, NetsPresso, is an automatic model compression platform that downsizes computer vision models for edge and low-spec device deployment. Nota’s AI technology is applied in intelligent transportation, facial recognition, and security and surveillance through solutions such as Driver Monitoring System, Driver Authentication, and Smart Access Control System. In November 2021 Nota raised $14.7M in a Series B, bringing its total funding to $23M. The company plans to expand its global business, enhance its AI optimization technology, and strengthen its R&D team by recruiting additional top-tier talent. Nota is headquartered in Seoul, South Korea.

Total raised

$33M

Funding rounds

2

Latest round

Series C

Latest activity

Jun 2024