About DeepX
DeepX is a company based in Seongnam-si (South Korea) founded in 2018 by Lokwon Kim.. DeepX has raised $102.66 million across 4 funding rounds from investors including Shinhan Bank, Shinhan Financial Group and Capstone Partners. DeepX offers products and services including AI Chips, AI Modules, and AI Systems. DeepX operates in a competitive market with competitors including Kneron, MediaTek, Hailo, Innatera and Lightelligence, among others.
- Headquarter Seongnam-si, South Korea
- Founders Lokwon Kim
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Deepx Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$102.66 M (USD)
in 4 rounds
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Latest Funding Round
$80.5 M (USD), Series C
May 10, 2024
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Investors
Shinhan Bank
& 12 more
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Employee Count
Employee Count
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Products & Services of DeepX
DeepX offers a comprehensive portfolio of products and services, including AI Chips, AI Modules, and AI Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Engineered for efficient AI inference in edge devices
High-performance units for low-power AI applications
Comprehensive setups for reliable AI processing
Funding Insights of DeepX
DeepX has successfully raised a total of $102.66M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $80.5 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $80.5M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2024 | Amount | Series C - DeepX | Valuation | SkyLake | |
| May, 2021 | Amount | Series B - DeepX | Valuation | Korea Development Bank Europe , Shinhan Financial Group | |
| Apr, 2021 | Amount | Series A - DeepX | Valuation | ALUMNI-PARTNERS , Pathfinder H |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DeepX
DeepX has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Shinhan Bank, Shinhan Financial Group and Capstone Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified investment, VC & financial advisory firm
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DeepX
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - DeepX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Deepx Comparisons
Competitors of DeepX
DeepX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kneron, MediaTek, Hailo, Innatera and Lightelligence, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Hardware and software solutions for edge AI applications are provided.
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Provider of AI-based neural processing unit chipsets
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| domain | founded_year | HQ Location |
Provider of neural learning processors for edge AI applications
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| domain | founded_year | HQ Location |
Neuromorphic microprocessors mimicking brain mechanisms are developed by Innatera.
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| domain | founded_year | HQ Location |
Optical chips and software solutions for AI computing are developed.
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| domain | founded_year | HQ Location |
Programmable processors for neuromorphic computing are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Deepx
Frequently Asked Questions about DeepX
When was DeepX founded?
DeepX was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is DeepX located?
DeepX is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
Who is the current CEO of DeepX?
Lokwon Kim is the current CEO of DeepX. They have also founded this company.
Is DeepX a funded company?
DeepX is a funded company, having raised a total of $102.66M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4.46M, raised on Feb 26, 2020.
What does DeepX do?
DeepX was founded in 2018 in Seongnam-si, South Korea, and operates in the AI semiconductor sector. AI chips for device integration, modules with inference capabilities, and systems focused on performance and efficiency are provided. Solutions are applied in smart factories, smart cities, robotics, AI computing, AI networking, and smart cameras, supporting real-time processing and automation in various industries.
What products or services does DeepX offer?
DeepX offers AI Chips, AI Modules, and AI Systems.
Who are DeepX's investors?
DeepX has 13 investors. Key investors include Shinhan Bank, Shinhan Financial Group, Capstone Partners, Aju IB Investment, and SkyLake.
What is DeepX's valuation?
The valuation of DeepX is $5.94M as of May 2021.
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