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Bayilis secures 5.5 billion won ($4 million) in Series B funding, aiming for a 2026 IPO with support from BNK Venture Investment and others.
PRIVATEAug 25, 2026•about 5 hours ago
Amount Raised
₩5.5 Million
Round Type
Series B
South KoreaInformation TechnologySoftwareAutomotive
Investors
Blue Corner CapitalIbk CapitalThe Ham PartnersSpace Time InvestmentBnk Venture Investment
Description
Bayilis, an embedded system software company, has completed a 5.5 billion won ($4 million) Series B funding round. The round was backed by BNK Venture Investment, SpaceTime Investment, The Ham Partners, IBK Capital, and Blue Corner Capital. The funds will be directed towards automotive control unit software, defense industry projects, and LiDAR-based solutions. NH Investment & Securities is the IPO underwriter for the company's plans to go public next year.
Company Information
Company
Bayilis
Location
South Korea
About
Bayilis is an embedded system software company that focuses on developing software solutions for automotive control units, defense industry applications, and LiDAR technologies. The company aims to expand its operations as it prepares for a stock listing in 2026. With significant revenue growth, Bayilis is positioned to impact the future mobility ecosystem effectively.
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