SimSys Global provides the SmartSpace service that enables easy creation of 3D virtual worlds using its in-house 3D engine and multiple patents for Cognitive Digital Twins. The company has deployed digital-twin based control systems at Incheon International Airport, Incheon port and other domestic ports, and developed a smart-building platform with Samsung C&T while collaborating with KT and SK. It serves sectors including smart defense, smart city, smart building and smart spaces. SimSys Global says it will use new funding to further advance core technologies and expand its business, build a broad network with large corporations and institutions, and pursue overseas exports. Financially, the company secured 30억원 in Series A equity financing and an additional 11억원 in IP-value guarantee support, totaling 41억원 in newly secured funds. Founded in 2019, the company reports annual growth of over 150% and investor commentary indicates it is already generating meaningful revenue.

Total raised

$3M

Funding rounds

2

Latest round

Series A

Latest activity

Jun 2024