- Strategic partnerships with NVIDIA, Qualcomm, Samsung Electronics accelerate global expansion
- Revenue grows tenfold in five years, validating tech-driven business model
SEOUL, South Korea, May 23, 2025 /PRNewswire/ -- Nota AI, a pioneer in on-device AI, announced today the submission of its preliminary IPO application to the Korea Exchange, positioning itself as the first AI optimization technology firm to seek a KOSDAQ listing. Mirae Asset Securities serves as the lead underwriter for the IPO, which will offer approximately 2,916,000 shares publicly out of a total issuance of 21,161,880 shares.
Nota AI seeks KOSDAQ listing as the first AI optimization tech startup
In December last year, Nota AI became the first AI optimization technology startup to achieve an 'A' rating from both NICE Information Service and Korea Technology Finance Corporation, officially recognizing its technological strength and business viability.
Nota AI's proprietary platform, NetsPresso®, automates AI model optimization, enabling efficient deployment on resource-constrained edge devices, significantly reducing operational costs. The company collaborates with global semiconductor leaders such as NVIDIA, Qualcomm, Samsung Electronics, Arm, and Sony, driving continuous technological innovation and market expansion. Nota AI's notable client base includes several Fortune Global 500 companies. Recently, CB Insights recognized Nota AI as one of the "100 Most Innovative AI Startups," underscoring its global recognition.
Nota AI's generative AI-based video monitoring solution, Nota Vision Agent (NVA), has successfully been deployed in diverse sectors such as industrial safety, transportation, and retail. Recently, Nota AI secured a landmark agreement with Dubai's Roads and Transport Authority, the first-ever Korean firm to do so, demonstrating its strong international commercial viability.
Proceeds from the IPO will support the recruitment of top-tier talent, enhance global market expansion efforts, and accelerate the advancement of its product offerings. Nota AI currently operates international subsidiaries in Berlin, Germany (since 2020), and Sunnyvale, USA (since 2022), and is actively expanding into key markets including the Middle East, Japan, and Southeast Asia.
"Our IPO filing is a critical milestone affirming our position as global leaders in AI optimization technology," said Myungsu Chae, CEO of Nota AI. "This IPO will accelerate our innovation capabilities and significantly boost our global market penetration."
Since its inception, Nota AI has secured $42.6 million in investments from prominent investors including Samsung, LG, Naver D2SF, and Kakao. Last year, the company's revenue reached $5.86 million, representing a substantial 136% growth year-over-year, with continued strong growth projected to exceed 67% this year, reflecting the robust scalability of its technology-driven business model.
