About SqueezeBits
SqueezeBits is a company based in Seoul (South Korea) founded in 2022 was acquired by Rebellions in June 2026. SqueezeBits has raised $1.87 million across 2 funding rounds from investors including Rebellions, Kakao Ventures and Samsung NEXT. SqueezeBits offers products and services including OwLite and Fits on Chips. SqueezeBits operates in a competitive market with competitors including TaskUs, Theta Token, Sunshine, Ubitus and Lambda Labs, among others.
- Headquarter Seoul, South Korea
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Sectors
Technology
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Email
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.87 M (USD)
in 2 rounds
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Latest Funding Round
$1.87 M (USD), Seed
Jan 23, 2024
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Investors
Rebellions
& 5 more
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Employee Count
Not available
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Acquired by
Rebellions
(Jun 30, 2026)
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Products & Services of SqueezeBits
SqueezeBits offers a comprehensive portfolio of products and services, including OwLite and Fits on Chips.
Toolkit for compressing AI models to optimize performance and reduce costs.
Tool for deploying compressed AI models on devices for enhanced efficiency.
Funding Insights of SqueezeBits
SqueezeBits has successfully raised a total of $1.87M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.87 million completed in January 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.
Investors in SqueezeBits
SqueezeBits has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Rebellions, Kakao Ventures and Samsung NEXT.
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Venture capital investments are directed toward IT startups.
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Venture capital fund investing in early-stage tech startups
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Sector-agnostic investments are pursued primarily in South Korea.
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Investor details for SqueezeBits
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Investments & Acquisitions by SqueezeBits
Investment portfolio details for SqueezeBits
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Financial Statements - SqueezeBits
Detailed financials for SqueezeBits
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Squeezebits Comparisons
Peer comparison for SqueezeBits
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- Named peers
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Competitors of SqueezeBits
SqueezeBits 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 TaskUs, Theta Token, Sunshine, Ubitus and Lambda Labs, among others.
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Provider of customer care and back office support services for multiple sectors
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Decentralized peer-to-peer video delivery is enabled through token rewards.
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Phone contacts are managed via an iOS app platform.
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Cloud computing solutions for multiplayer gaming are provided.
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Provides a platform for deep learning server solutions.
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Artificial intelligence and machine learning solutions are developed for enterprises.
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Detailed competitors of SqueezeBits
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Latest news on Squeezebits
Complete news archive for SqueezeBits
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Frequently Asked Questions about SqueezeBits
SqueezeBits was founded in 2022.
SqueezeBits is headquartered in Seoul, South Korea.
Hyungjun Kim is the current CEO of SqueezeBits.
SqueezeBits is a funded company, having raised a total of $1.87M across 2 funding rounds to date.
SqueezeBits was founded in 2022 and is headquartered in Seoul, South Korea. Operations focus on the AI and machine learning sector, where tools are provided for compressing neural networks to reduce model sizes and enhance computational efficiency. Advanced compression techniques are simplified for integration into existing deep learning models, supporting optimization without extensive redevelopment.
SqueezeBits's top competitors include TaskUs, Saksoft and Theta Token.
SqueezeBits offers OwLite and Fits on Chips.
SqueezeBits has 6 investors. Key investors include Rebellions, Kakao Ventures, Samsung NEXT, POSTECH Holdings, and POSCO Capital.