Beyless Raises ₩5.5B Series B

Beyless, an embedded system software company based in Daegu, South Korea, has raised 5.5 billion KRW in a Series B funding round. The company specializes in automotive electronic control software, drone and robot control systems, and autonomous driving platforms. This new capital follows their 11.7 billion KRW Series A round raised in 2025 and brings the company closer to its goal of a KOSDAQ listing by 2027.

Investors

The round was backed by prominent institutional investors, including The Hahm Partners, IBK Capital, BNK Venture Investment, SpaceTime Investment, and Blue Corner Capital.

Beyless Use of Funds

Beyless intends to use the investment to advance its core new business areas, including electronic control unit software, defense industry projects, and LiDAR-based solutions. A portion of the funds will also be used to prepare for the company's planned IPO, for which it has selected NH Investment & Securities as the underwriter.

About Beyless

Led by CEO Kim Hyung-jun, Beyless is a specialized embedded system software company. Founded in 2012, the company provides integrated mobility solutions that connect automobiles, drones, and robots, utilizing expertise in embedded software, ultra-low latency networking, and integrated control technologies to support the Software Defined Mobility ecosystem.

Funding Details

Company Website: https://www.beyless.com/

Company: Beyless
Raised: ₩5.5B
Round: Series B
Funding Date: August 25, 2026
Additional Investors: BNK Venture Investment, SpaceTime Investment, The Ham Partners, IBK Capital, Blue Corner Capital
Software Category: Embedded Software
Source: https://www.etnews.com/20260825000360