# Saige Research

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/saige-research

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.saigeresearch.ai
- Total disclosed funding: $15M
- Latest round: Series B (Sep 21, 2023)
- Investors on record: 8

## About

Based in South Korea, Saige Research specializes in AI-driven machine vision solutions that improve quality control and operational safety in manufacturing, serving diverse industries worldwide.Founded in 2017 in Seoul, South Korea, Saige Research focuses on developing advanced AI vision solutions. The company has completed five deals, with its most recent Series B funding round occurring on September 21, 2023, raising KRW 15.5 billion from investors such as Legend Capital, SV Investment, TKG Ventures, and WONIK Investment Partners. The founder's previous entrepreneurial history is not specified.Saige Research offers innovative AI vision solutions, focusing on three product lines: SAIGE VISION, which automates defect inspections; SAIGE VIMS, which monitors production processes in real-time; and SAIGE SAFETY, which provides safety monitoring in industrial environments. These solutions are utilized across various sectors, including secondary batteries, PCBs, semiconductors, displays, automotive, food and beverage, and healthcare, with deployment primarily in Asia, Europe, and North America.Saige Research generates revenue through B2B transactions, utilizing a business model that includes subscription services and one-time product purchases. Clients can integrate solutions or use them as standalone applications, which include ongoing support and maintenance agreements. The pricing structure is tailored to client needs, reflecting the complexity of the solutions offered, particularly for flagship products like SAIGE VISION and SAIGE SAFETY.In September 2023, Saige Research secured KRW 15.5 billion in Series B funding, which will be used to enhance product offerings and introduce new features through research on AI source technology. The company plans to expand its market presence further into regions in Asia and North America by the end of 2024, aiming to introduce new products designed for enhanced quality control and safety monitoring.

## Funding rounds

- Series B, Sep 21, 2023, $12M — Legend Capital, WONIK Investment Partners, SV Investment, TKG Ventures
- Series A, Oct 4, 2020, $3.4M — Korea Investment Partners, Mirae Asset Venture Investment, Premier Partners
- Seed, Jul 1, 2018, $0.1M — Spring Camp

## Investors

- Spring Camp (https://capitalatlas.ai/funds/spring-camp) — Seed
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series A
- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Series A
- Premier Partners (https://capitalatlas.ai/funds/premier-partners) — Series A
- Legend Capital — Series B
- WONIK Investment Partners (https://capitalatlas.ai/funds/wonik-investment-partners) — Series B
- SV Investment (https://capitalatlas.ai/funds/sv-investment) — Series B
- TKG Ventures (https://capitalatlas.ai/funds/tkg-ventures) — Series B