The White Communication Secures 10 Billion Won in Pre-IPO
Summary
The White Communication raised 10 billion won in a pre-IPO round led by the Korea Development Bank, with UTC Investment also participating. The company plans to use the capital for listing preparation, AI business expansion, and overseas growth. It is targeting an IPO in 2026 and is currently selecting its lead underwriter. The company also plans to launch new AI-based services in 2025 and add LINE-based e-commerce management functionality to its Japanese outaigate EC product in March.
Funding
Amount
$7.7M
Total raised
Date
February 24, 2025
Announcement date
Investors
Korean Development Bank
Lead investors
Company
-
Funded company
Classifications
industries
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applications
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AskAI Classifications
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