- Quick stock exchange process in the middle of the slowdown in the world market – demonstrating proven competitiveness
- Extension of companies drawn by the owner platform “NetSPRESSO®” with a 160% TCAC in the past four years
Seoul, South Korea,, August 22, 2025 / Prnewswire / – Note AI, a company specializing in the compression and optimization of AI models, announced today that it had submitted its declaration of registration in securities to the Korean financial services committee, making the official start of its Kosdaq IPO process.
Thanks to this IPO, Note AI plans to offer a total of 2,916,000 shares to an expected range of 7,600 9,100 krw per action, increasing approximately 22.2 to 26.5 billion krw. The construction of the book of institutional investors is scheduled for September 12 to 18, followed by the public subscription period from September 23 to 24. Mirae Asset Securities acts as a main subscriber.
Despite a slowdown in the market for Korean stock exchange and a sharp drop in new documents since recent regulatory changes came into force in July, the appropriate submission of Note AI stands out. This decision highlights the strong business performance of the company and a clear vision of growth, occurring according to the plan and attracting particular attention to the market.
Founded in 2015, Note AI has developed its activities around its AI owner model, NetSPRESSO® model optimization platform, which allows high performance AI models to operate effectively on resource-based edge devices. The platform automates the complex optimization and deployment processes of the model, considerably reducing development and operational costs. Note AI has produced several commercial deployments thanks to partnerships with the main world companies for AI semiconductors such as Nvidia, Samsung Electronics, Arm, Qualcomm, Sony and Renesas.
In addition, Note AI managed to market NVA (Nota Vision Agent), the first generative intelligent video surveillance solution fed in AI in Korea. The NVA goes beyond the simple detection of objects to recognize relationships between objects, detect procedural violations and identify complex risk factors in real time. It is deployed in various sectors, including industrial security, smart transport systems (ITs), retail and surveillance. Notable projects include a contract with Dubai Roads and transport authority in April and deployment at the Gimcheon factory in Kolon Industries 2 in July.
In addition to these achievements, the NOTA AI technology business model has also entered stable growth trajectory, fueling rapid revenue expansion. The company has registered 480 million krw In income in 2021, 2.01 billion krw In 2022, 3.58 billion krw in 2023, and 8.44 billion krw In 2024, reflecting an annual growth rate (TCAC) of 159.7%.
Myungsu Chae, CEO of Note AI, said: “In a difficult IPO Introduction Environment with tightened registration requirements, the submission of our declaration of registration of industries values.”
Since the establishment of subsidiaries abroad in Berlin (2020) and Sunnyvale, California (2022), Note AI quickly extended to the main world markets, including the Middle East,, JapanAnd Southeast Asia.
Note AI’s global competitiveness has also been recognized by CB Insights, which has named it to the most promising AI of IA 100 startups: the most promising in 2025. Last month, in July 2025Note AI has been selected as one of the last five elite teams of the Ministry of Sciences and the ICT AI Foundation Development Development Project, in collaboration with upstage, further accelerating its work on the AI foundation models.
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