Before the 101 billion won fund was formed, Medici’s first AI company was - DealSite

Funding Rounds

▤ Summary

A Korean investment group led by Medici has formed a KRW 101 billion (1010억) fund and announced its first AI portfolio company. The fund attracted participation from institutional partners including IBK acting as co-GP and other GPs, and it targets AI and digital transformation investments. Reported allocations and GP participations show structured capital commitments aimed at scaling AI startups. This move signals stronger institutional funding flows into Korea's AI software ecosystem.

$ Funding

$
Amount $731.0K Total raised
□
Date June 11, 2025 Announcement date
◎
Investors - Lead investors
▥
Company https://www.frtrobotics.com Funded company

▥ Classifications

industries
No industries detected
applications
No applications detected

◇ AskAI Classifications

Labels
No AI classifications detected

▦ Linked Companies