South Korean spatial intelligence startup Mobiltech has completed a pre-IPO funding round of KRW 13 billion, as the company accelerates its push into the physical AI market ahead of a planned stock market listing.
The round was backed by five investors — Stonebridge Ventures, SBI Investment, Leading Ace Capital, Pave Ventures, and IBK Industrial Bank of Korea — all of whom recognized Mobiltech’s technological capabilities and growth potential in the rapidly expanding physical AI sector.
Mobiltech is leading the paradigm shift from digital twin to physical AI, a foundational technology that enables physical entities such as robots and autonomous vehicles to understand and interact with the real world. The company serves as The Ground Truth Provider, supplying the high-precision virtual environments essential for physical AI development.
A key differentiator is Mobiltech’s proprietary pipeline built on OpenUSD, the global industry standard, which connects digital twin and physical AI technologies. Through this pipeline, the company supplies data and solutions to global leaders including NVIDIA and Hyundai Motor. Specifically, Mobiltech provides data to NVIDIA’s digital twin platform Omniverse and its physical AI development platform Cosmos.
The proceeds from this round will be directed toward R&D for advancing physical AI models, expanding AI infrastructure for large-scale data processing, and accelerating entry into North American and global markets.
CEO Kim Jae-seung stated that the investment is proof of Mobiltech’s technological edge and business value in the physical AI market, adding that the company will leverage the funding to widen its competitive gap, deepen collaboration with global partners, and establish itself as the core standard of the physical AI ecosystem.
With the pre-IPO round now closed, Mobiltech has formally begun its IPO preparation process, targeting a listing on the Kosdaq market in 2026 through a technology special listing track. The company aims to position itself as the world’s number one supplier of physical AI environments.
Founded in 2017, Mobiltech has previously raised backing from Naver, Hyundai Motor Group, and Korea Investment Securities, bringing its total cumulative investment to over 25 billion won.
