Founded in 2021, PIASPACE develops multimodal AI solutions that combine video and text understanding via vision-language models (VLMs). Its B2B SaaS platform detects anomalies such as fires, violence, and intrusions in real time for security use cases. The company operates in Singapore, Thailand, and Indonesia and has partnerships with firms including KT Telecop and LG Uplus. PIASPACE raised KRW 3.5 billion (about $2.5M) in a May 2026 Series A led by Cactus Private Equity’s Cactus Oasis No. 3 growth capital fund. Reported use of funds includes further development of its VLM-based security solutions and expansion of its AI video analytics platform. No revenue, user, or valuation figures were disclosed in the reporting.

Total raised

$2M

Funding rounds

1

Latest round

Series A

Latest activity

May 2026