Nota AI Files for KOSDAQ Listing as First AI Optimization Tech Startup
Nota AI has submitted its preliminary IPO application to the Korea Exchange, positioning itself as the first AI optimization technology firm to seek a KOSDAQ listing, announced in a press release. The IPO will offer approximately 2,916,000 shares publicly, with Mirae Asset Securities serving as the lead underwriter.
Nota AI's proprietary platform, NetsPresso, automates AI model optimization for efficient deployment on resource-constrained edge devices. The company collaborates with global semiconductor leaders such as NVIDIA, Qualcomm, and Samsung Electronics, and has a notable client base including several Fortune Global 500 companies.
The proceeds from the IPO will support the recruitment of top-tier talent, enhance global market expansion efforts, and accelerate the advancement of its product offerings. Nota AI currently operates international subsidiaries in Berlin, Germany, and Sunnyvale, USA, and is expanding into key markets including the Middle East, Japan, and Southeast Asia.
Since its inception, Nota AI has secured $42.6 million in investments from prominent investors including Samsung, LG, Naver D2SF, and Kakao. Last year, the company's revenue reached $5.86 million, representing a substantial 136% growth year-over-year.
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