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RideFlux

Series B

RideFlux is an autonomous driving technology company that develops software solutions for self-driving vehicle systems. The company's flagship product, RideFlux Driver, is an AI-powered autonomous driving system that provides 360-degree continuous detection with no blind spots, multi-sensor perception for reliable operation in nighttime and adverse weather conditions, stable performance maintenance, and large-scale…

Auto Tech · Autonomous Vehicles · South Korea · EST 2018

About

RideFlux is an autonomous driving technology company that develops software solutions for self-driving vehicle systems. The company's flagship product, RideFlux Driver, is an AI-powered autonomous driving system that provides 360-degree continuous detection with no blind spots, multi-sensor perception for reliable operation in nighttime and adverse weather conditions, stable performance maintenance, and large-scale driving learning through fleet operations. RideFlux operates autonomous driving services on public roads and focuses on creating safer and more efficient transportation. The company is based in Jeju, South Korea, with offices in Seoul, and has been developing its autonomous driving technology through real-world fleet deployment and continuous data collection. Founded in 2018 and headquartered in South Korea, RideFlux has raised $58.6M in Series B funding from investors including Atinum Investment, Korea Investment Partners, Yuanta Investment, Murex Partners, Industrial Bank of Korea, iM Investment Partners, Socar, and Capstone Partners.

Business model

Autonomous Vehicles > Self Driving Technology > Cars

Team background

College Wise > Massachusetts Institute of Technology

Institutional investors

Atinum InvestmentKorea Investment PartnersYuanta InvestmentMurex PartnersIndustrial Bank of KoreaiM Investment PartnersFriendNvesterKorea Investment HoldingsSocarCapstone PartnersSBI Investment KoreaSeoul Investment PartnersHyundai Investment PartnersKorean Development Bank

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