Spring Cloud Co., Ltd. (CEO Song Young-ki), a leading autonomous driving company, successfully attracted Series A investment worth 18 billion won.
In addition to existing investors such as Infobank, Mando, Korea Development Bank, and Korea Credit Guarantee Fund, Wooddream Bio Co., Ltd. participated as a new investor in this investment, bringing SpringCloud’s cumulative investment amount to date to 24 billion won.
Through this investment, Spring Cloud will strengthen its main service areas, self-driving shuttle service, full-stack development, artificial intelligence (AI) self-driving technology and data services, and launch Multiverse Planet in the Yeosu area around March this year. We plan to focus our efforts on
Multiverse Planet is an autonomous driving mobility hub that provides services such as an integrated control center related to autonomous driving, education, start-up support, autonomous driving experience, and related content. Starting with Yeosu, it is expanding to major autonomous driving base cities. is aiming to
Furthermore, it is expected that industrial development, job creation, and investment effects will be created in each region.
In addition, the construction of an autonomous smart factory is in progress, and we plan to pursue Series B for this purpose. By establishing a smart factory and localizing self-driving shuttles, we aim to reduce costs and gain business competitiveness to promote the development of the fully autonomous driving market.
After obtaining the temporary operation permit for self-driving vehicles for the first time as a domestic private company, Spring Cloud developed self-driving shuttle service business and technology such as self-driving operation service, smart garage, and on-demand service, starting with Daegu City, Sejong City, Gunsan, and Seoul National University of Science and Technology. has been steadily promoted. We are carrying out active business activities through the introduction of various autonomous driving products, such as ‘Opera Kit’, an open vehicle platform, and ‘Opera SIM’, which is related to verification and evaluation of virtual and real road-based autonomous driving technology.