# Moreh

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/moreh

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.moreh.io
- Total disclosed funding: $21M
- Latest round: Series B (Aug 31, 2023)
- Investors on record: 4

## About

Moreh, Inc. is a South Korea-based company specializing in hyperscale AI infrastructure solutions that enhance the accessibility and scalability of AI models and applications.Moreh, Inc. was founded in 2020 and is headquartered in Seoul, South Korea. The company focuses on providing infrastructure solutions for AI applications. It has completed a total of 3 deals, with the most recent deal occurring on August 31, 2023. In this latest funding round, Moreh raised USD 21.43 mn in SERIES B funding from investors including Advanced Micro Devices, Inc., Smilegate Investment, and Forest Partners, with returning investment from KT Corporation. The total amount raised by the company is USD 21.43 mn. Gangwon Jo serves as the CEO of the company.Moreh, Inc. offers a comprehensive suite of hyperscale AI infrastructure solutions designed to optimize the accessibility and scalability of AI models and applications. Their primary products include a full-stack infrastructure software platform that seamlessly integrates with PyTorch and various GPU technologies, tailored specifically for large language models (LLMs). Key offerings consist of DeepSeek V3 and R1, which are crafted for fine-tuning models on AMD GPU clusters, as well as Motif, an open-source high-performance Korean LLM. These products are set to be released in stages throughout late 2024 and early 2025, targeting a diverse clientele that encompasses AI startups and enterprises across North America, Europe, and parts of Asia.For the year 2022, Moreh, Inc. reported a revenue of USD 10,677,688.50. The company generates revenue through structured partnerships and B2B transactions, primarily through subscriptions for their software solutions, which include tailored service agreements for fine-tuning assistance and ongoing support for products like the flagship Motif LLM and DeepSeek V3. Moreh's pricing plans are designed to meet the specific needs of its diverse clientele, ensuring scalable solutions that adapt to client requirements.In August 2023, Moreh, Inc. raised USD 21.43 mn in SERIES B funding, which will be utilized to expand its workforce and further develop its products. The company aims to launch new offerings in line with the release of DeepSeek V3 and Motif in late 2024 and early 2025. Additionally, Moreh plans to expand into North America and Europe, enhancing its market presence across these regions.

## Funding rounds

- Series B, Aug 31, 2023, $21M — AMD, KT Corporation, Smilegate Investment, Forest Partners

## Investors

- AMD — Series B
- KT Corporation — Series B
- Smilegate Investment (https://capitalatlas.ai/funds/smilegate-investment) — Series B
- Forest Partners (https://capitalatlas.ai/funds/forest-partners) — Series B