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Wrtn Technologies raised $18.3 million in pre-series B funding led by BRV Capital Management for AI development

PRIVATEJun 07, 2024

Amount Raised

$18

Round Type

Series B

Seocho-guArtificial IntelligenceMachine Learning

Investors

Z Venture CapitalIndustrial Bank Of KoreaCapstone PartnersBrv Capital Management

Description

Wrtn Technologies, a Korean AI startup, raised 25 billion won ($18.3 million) in pre-series B funding from U.S., Japanese, and domestic investors. The funding will be used to focus on developing and enhancing products and services to grow as a leading AI service provider.

Quick answer

Wrtn Technologies raised $18 in a Series B round, dated June 7, 2024. Investors: Z Venture Capital, Industrial Bank Of Korea, Capstone Partners and Brv Capital Management. Wrtn Technologies is based in Seocho-gu, Seoul, South Korea.

How much did Wrtn Technologies raise?
Wrtn Technologies raised $18 in a Series B round on June 7, 2024.
Who invested in Wrtn Technologies?
Z Venture Capital, Industrial Bank Of Korea, Capstone Partners and Brv Capital Management are named as investors in this round.
What does Wrtn Technologies do?
Wrtn aims to become the next generation, natural language interface portal (first-screen) that people access to complete any given task.
Where is Wrtn Technologies based and how big is it?
Wrtn Technologies is based in Seocho-gu, Seoul, South Korea. Fundz records about 170 employees.
Who are the decision-makers at Wrtn Technologies?
Fundz holds 1 contact at Wrtn Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Artificial Intelligence and Machine Learning around the same time

Companies in the same sectors as Wrtn Technologies that raised within 45 days of this round, from Fundz verified event records.

  • Sundial Product raised $23M on July 22, 2024.
  • TRAIT raised $1.1M (Seed) on July 22, 2024.
  • Digital First AI raised $3.8M (Seed) on July 22, 2024.
  • Next Bloom raised $3.2M on July 19, 2024.
  • Artificial Agency raised $16M (Funding Round) on July 18, 2024.
  • Thoughtful AI raised $20M (Series A) on July 18, 2024.

Who to call at Wrtn Technologies, and when

A new round usually means Wrtn Technologies is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Wrtn Technologies

Location

Seocho-gu, Seoul, South Korea

About

Wrtn aims to become the next generation, natural language interface portal (first-screen) that people access to complete any given task. Wrtn intends to become the next local daily B2C platform by building a local autonomous agent. Wrtn’s mission is to “Bring AGI Closer to People''.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Wrtn Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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