South Korean digital twin and LiDAR technology company Mobiltech has secured $2.3 million (KRW 3 billion) in funding from CJ Investment. This follows the $10 million (KRW 13 billion) Series B funding it raised in 2023, ensuring stable additional financing.  

Founded in 2017, Mobiltech has attracted over $15.3 million (KRW 20 billion) in cumulative investments from notable entities, including Naver D2SF, Hyundai Motor Group’s ZERO1NE, and Korea Investment & Securities. The company has built strong partnerships with domestic automakers (OEMs) and global LiDAR companies, achieving significant success in autonomous driving, smart cities, and defense sectors, further showcasing its technological capabilities and business potential.  

Mobiltech is a key player in the future mobility industry, offering innovative solutions such as a high-precision mapping system that integrates LiDAR and cameras, as well as the ultra-realistic digital twin platform “Replica City.” Its digital twin data is also fully compatible with platforms like NVIDIA Omniverse and Unreal Engine, enabling widespread applications across various industries.  

Kwak Kyu-hwan, Head of CJ Investment, stated, “Mobiltech has critical competencies in high-precision mapping and spatial information creation, supported by its advanced sensor fusion technology for autonomous driving. We believe it will lead the growth of industries such as autonomous infrastructure, digital twins, and smart cities.”  

Jae-seung Kim, CEO of Mobiltech, commented, “This bridge funding once again validates Mobiltech’s technological capabilities and market potential. We are committed to creating new value across diverse industries with our spatial data technology.”  

With this investment, Mobiltech plans to strengthen its global market presence and accelerate preparations for its KOSDAQ listing.