Moho Secures 1.5 Billion Won in Pre-Series A Funding
Moho, a startup driving the digital and AI transformation of ceramic manufacturing, announced on the 19th that it has secured 1.5 billion won in pre-Series A funding from BA Partners. Following a seed investment of 200 million won from Kingsley Ventures in April last year, Moho has now established a solid foundation for full-scale growth through this latest round.
Founded in September 2023, Moho is revolutionizing the ceramic manufacturing process by leveraging digital twin and artificial intelligence (AI) technologies. The company is preparing to expand into the global market based on data accumulated through its own brand, "Riiije."
Kim Jiyeong, Investment Manager at BA Partners, stated, "Moho is a company that has secured unique data and competitiveness by integrating AI technology with traditional manufacturing. We expect rapid growth in the global living and lifestyle market going forward."
Moho plans to use the investment to: ▲ further advance AI transformation technology for ceramic manufacturing processes ▲ expand its private brand globally ▲ and grow its global IP licensing business, including partnerships with Universal Studios.
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Moho CEO Lee Hojun commented, "With this investment, we aim to grow as a leading company in the digital transformation of the ceramic manufacturing industry. We will leverage our accumulated mold and product design data to become a global brand and technology company."
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