INTERX, a Seoul, South Korea-based startup specializing in global manufacturing artificial intelligence (AI) and solutions for autonomous factory operations, has secured Series A bridge funding.
SaaS Investors
The investment was from LS Electric. The investment amount remains undisclosed.
Established in 1974 and based in South Korea, LS Electric, formerly known as LG, is a Korean manufacturer of power and industrial automation equipment. The firm makes investments in the energy, technology, infrastructure, and manufacturing sectors.
INTERX Plans
The company plans to intensify its focus on technology research and development to expedite its business growth in the global market.
About INTERX
Founded by Jung Yoon Park, Inter X is an industrial AI and big data analysis company that provides solutions for building manufacturing AI systems and autonomous factories, focusing on enhancing productivity and efficiency in manufacturing processes.
Funding Details
Company: InterX Co., Ltd.
Raised: Undisclosed
Round: Series A
Funding Month: December 2023
Lead Investors: LS Electric
Additional Investors:
Company Website: http://www.interxlab.com/
Software Category: Manufacturing AI Solutions
Source: https://wowtale.net/2023/12/11/67969/