IdeaOcean, just four months into its inception, has clinched the CES Innovation Award and successfully attracted seed investmen
Date
2023-11-24 17:27
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140
The deep tech startup announced on the 20th that it has secured seed investment from FuturePlay, with the exact amount undisclosed. The company, which received the CES 2024 Innovation Award just four months after its founding in July, originated from the research lab of Professor Kim Yoon-young at Seoul National University. The team includes experts in mechanism autonomous design technology, such as CEO Kim Jung-ho and technical founder Kim Yoon-young, along with engineers holding master's and doctoral degrees from Seoul National University and Hanyang University.
Mechanism autonomous design technology involves automating the design of robots and mechanical devices through a "stem mechanism." The company is developing an AI-based software called 'Metius.' According to the company, they use their proprietary physics-based stem mechanism technology to extract the optimal mechanisms that satisfy customer performance requirements beyond the scope of human creativity.
CEO Kim Jung-ho, a graduate of Hanyang University's Department of Mechanical Engineering, has been involved in the Multi-Physics System Design Lab at Seoul National University after graduation, specializing in mechanism autonomous design technology.
Kim stated, "There's no need to admire the AI Jarvis used in making the Iron Man suit only in movies." He added, "Ideaship will develop and establish a high-performance design AI and manufacturing infrastructure to create an optimized smart design and manufacturing system."
Choi Jae-woong, FuturePlay Executive Vice President leading the investment, commented, "The next 10 years will witness a design revolution driven by the advancement of autonomous driving, electrification, and robotics, resulting in the emergence of previously nonexistent mechanical devices." He emphasized the company's significant strength in generating design data that surpasses the creativity of human designers within the range of meeting the dynamic performance demanded by clients. He further stated, "By combining this secured data with generative AI, we believe it can change the paradigm of human-centered design."