Netropy, a Korean simulation AI startup, has secured pre-seed funding from Spring Camp and been selected for TIPS, a technology startup support program by the Ministry of SMEs and Startups. 

Founded by autonomous driving experts and joined by AI computer vision specialists from KAIST, Netropy is a fast-growing tech company. Despite being established only this year, it has rapidly developed core technologies and secured significant funding for growth, even in today’s challenging investment climate, thanks to the support of its investors and the TIPS selection.

Choi Hong-gyu, an analyst at Spring Camp who led the investment, said, “Netropy has delivered impressive results in a short period of time, driven by its exceptional technology and industry expertise. We expect this investment to further accelerate their product development and global expansion.”

Jaeil Park, CEO of Netropy, said, “We are developing realistic and immersive simulation solutions for industries like autonomous driving and robotics, using state-of-the-art computer graphics and generative AI technologies.” He added, “With this investment and TIPS selection, we plan to focus on advancing our technology and launching innovative products within the next year.”