INEEJI, a company that provides industrial AI prediction solutions based on explainable artificial intelligence (XAI), announced on the 8th that it had successfully attracted Series A investment worth 8.1 billion won.

KT Investment, KDB Korea Development Bank, Capstone Partners, and Woori Bank participated in this investment. With this investment, Ineasy's cumulative investment amount reached a total of 13.6 billion won.

Jinsu Kim, head of KT Investment, who led the investment, said, “INEEJI has the highest level of AI solution technology that can solve problems such as labor reduction and digital transformation (DX) needs facing the manufacturing industry. “We invested because we believed there was a high possibility of growing into a global manufacturing vertical AI company based on top-level AI technology,” he explained.

INEEJI is an industrial AI prediction solution company that realizes process optimization in the manufacturing industry (steel, cement, glass, chemicals, power generation, etc.) based on an explainable AI engine. By providing guidance from experienced field operators, INEEJI promote quality improvement and consistency, productivity improvement, and energy cost reduction for domestic steel companies, cement manufacturers, glass manufacturers, and chemical and oil refineries.

INEEJI plans to use the raised investment to advance AI technology, expand the market and strengthen business development, and recruit excellent talent. A company official said, “This is the result of INEEJI being recognized for its industrial process optimization AI technology, commercialization capabilities, and business expansion potential,” and added, “INEEJI will strive to grow into a leading company in the global process optimization AI solution sector.”