SOYNET
Latest round
- Seed
Last raised
- Mar 2021
Total raised
- Undisclosed
Investors
- 2
About SOYNET
Founded in 2018, SoyNet operates from Seongnam, South Korea, focusing on AI solutions that optimize the execution of machine learning models. The company was established by Jung-Woo Park, who previously founded other ventures.H Ventures.SoyNet offers a sophisticated software-based inference acceleration solution that improves the speed and efficiency of AI model inference. Their product employs a high-speed reasoning engine developed in C/C++ to enhance the execution of AI models created on popular frameworks like TensorFlow, PyTorch, and Caffe. This solution effectively addresses challenges SMEs face in implementing deep learning models on resource-constrained IoT devices. The optimized models can integrate seamlessly into various applications via a simple API, supporting use cases in computer vision, natural language processing, and time series analysis.SoyNet's revenue model is centered around a subscription-based framework, offering a variety of pricing plans tailored to its clients. The company provides access to its optimized AI models through its Model Market, where customers can select from free models or those available for a fee based on environmental complexity. Additionally, SoyNet enhances client support through paid online and email assistance.Looking ahead, SoyNet plans to launch new products designed to further enhance AI model performance and application versatility. Specific release dates and details on these upcoming products will be provided as development progresses. The company aims to expand into new geographic markets, particularly targeting regions in North America and Europe by 2023.
Who invested in SOYNET
2 investors across 1 round
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Funding rounds
Seed
Mar 1, 2021
Amount
Undisclosed
Investors
Questions about SOYNET
Who invested in SOYNET?
SOYNET has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has SOYNET raised?
SOYNET has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did SOYNET last raise money?
SOYNET's most recent round on record is a Seed, in Mar 2021.
What does SOYNET do?
Founded in 2018, SoyNet operates from Seongnam, South Korea, focusing on AI solutions that optimize the execution of machine learning models.
Where is SOYNET headquartered?
SOYNET is headquartered in Seongnam, South Korea.
Which VCs invest in companies like SOYNET?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back business support services companies at SOYNET's stage. Their profiles are linked below.
VCs backing business support services startups at Seed
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