Leading AI Company 'Nota', Founded by KAIST Researchers, Listed on KOSDAQ

Number of Listed Companies in Daejeon Surpasses 67

Daejeon City Hall exterior view (Photo by Mo Seokbong)

KAIST researchers founded the global innovative artificial intelligence (AI) company Nota Inc. in Daejeon in 2015. On November 3, Nota Inc. was newly listed on the KOSDAQ market, bringing the total number of listed companies in Daejeon to over 67.

Amid the rapid increase in the number of listed companies in Daejeon, this listing of Nota Inc. marks the 19th new listing since the launch of the 8th popularly elected administration.

Nota Inc. is an advanced deep tech company that supplies customized AI solutions across various fields, including intelligent transportation, industrial safety, advanced healthcare, and media. The company is based on technology that enables AI models to be lightweight and optimized for efficient operation in cloud and edge device environments.

As the importance of AI technology grows as a key driver for new business models and economic growth among global companies, Nota Inc.'s differentiated advanced technology led to its selection in April by the global market research firm CB Insights as one of the "Top 100 Global Innovative AI Startups."

The growth potential of Nota Inc., expected to lead the global AI ecosystem, was also demonstrated during the recent IPO public subscription, which began on October 23. The company attracted approximately 9.2261 trillion won in subscription deposits, recording the highest competition rate of the year at 2,781.5 to 1.

This listing of Nota Inc. is also drawing attention as a representative achievement of Daejeon City's ongoing policies to discover and support innovative companies in their efforts to go public.

To foster the growth of promising deep tech companies like Nota Inc., Daejeon City has provided comprehensive and customized support since the early stages of the company’s founding. This includes supporting pilot projects such as "AI-based Safe Crosswalk Construction," providing commercialization funds and support for participation in international conferences through the "D-Unicorn Project," and systematic IPO preparation through the "IPO Support Program."

Lee Jangwoo, Mayor of Daejeon, stated, "The listing of Nota Inc. is a meaningful result, as it signifies the official recognition of Daejeon's AI technology and innovation in the capital market. Moving forward, Daejeon City will continue to focus on fostering deep tech industries such as AI, semiconductors, and biotechnology, so that companies can grow and citizens can prosper, realizing 'Daejeon, a world-class economic city.'"

This content was produced with the assistance of AI translation services.