INFINIQ applies for KOSDAQ listing preliminary examination

On the 6th of October, INFINIQ has applied for preliminary listing examination to the Korea Exchange for listing on the KOSDAQ and prepares to start the IPO process. INFINIQ was highly evaluated for its technology by acquiring AA and A grades, respectively. It has decided to be listed on special growth potential as a result of technology evaluations from two professional evaluation agencies in July. The listing organizer is Korea Investment & Securities.
 
The company was established in 2005. As the first-generation software quality verification company in Korea, it has been leading the market. Since 2016, it has entered the artificial intelligence data business to respond to changes in the digital environment, and it has supplied more than 1 billion high-quality AI data to the private and public sectors, focusing on autonomous driving technology.
 
In particular, it has developed and owns DataStudio, a DataOps technology that operates and manages the entire data life cycle required for AI development. DataStudio is a framework technology that converges the entire data construction-related process such as data collection, cleansing, annotation, inspection, storage, and management, as well as a collaboration and monitoring support system. It can be applied to all domains of AI development.
 
In addition, INFINIQ has its own 3D data processing platform that provides high-quality training data for autonomous driving. Through the platform, it can perform precise sensor fusion of LiDAR and 2D images, minimizing the margin of error, securing the competitiveness of the company in the field.
 
INFINIQ is collaborating with more than 40 global autonomous driving related companies and government institutions. It also works with companies in various fields such as safety, security, and distribution. It operates overseas subsidiaries for global business as well.
 
“We plan to become a leading company in the AI ​​data market through business expansion in retail, smart home, aviation and autonomous driving, which is continuously growing.” said Jun-hyeong Park, CEO of INFINIQ.

Source: [HANKYUNG marketinsight] INFINIQ applies for KOSDAQ listing preliminary examination