Simsys Global (CEO Kim Yun-je), a digital twin specialist, announced on the twenty seventh that it had attracted 3 billion won in Series A investment from enterprise capital firms including Hana Securities and iTrust Asset Management.
At the identical time, on the twenty fifth, the corporate was chosen as an ‘IP-Value Powerhouse’ by the Technology Guarantee Fund and received KRW 1.1 billion in excellent mental property (IP) value plus guarantees, securing a complete of KRW 4.1 billion in funds.
Simsys Global provides a service called ‘Smart Space’ that may create a 3D virtual world. It holds the patent for the unique technology of ‘Cognitive Digital Twin’, a technology that learns and optimizes itself, and digital twin technology based by itself 3D engine.
It has been attracting attention as an organization within the fields of â–²smart defense â–²smart city â–²smart constructing â–²smart space by applying a digital twin-based control system to Incheon International Airport and Incheon Port, and developing a wise constructing platform with Samsung C&T.
With this investment attraction, we plan to secure the funds obligatory for advancing core technologies and expanding our business, construct networks with large corporations and specialized organizations, and enter overseas exports.
Kim Yoon-jae, CEO of Simsys Global, said, “Our independently developed digital twin technology is a cutting-edge modern technology that has been the culmination of a few years of amassed technological know-how and patents. It’s one of the best solution that has been recognized for its unrivaled performance when applied to manage systems similar to smart cities.” He added, “We’ll establish ourselves as a number one digital twin company in the worldwide market.”
Reporter Jang Se-min semim99@aitimes.com
