Korean smart sensor developer raises a $5.7m investment from Value Investment Korea to develop its technology.
Dual Aperture International (DAI), a South Korea-based provider of integrated smart sensors, has raised $5.7m in its series A round from a consortium including strategic investor Value Investment Korea and the government-backed Korea Advanced Institute of Science and Technology (Kaist).
EWBM, a company that licences DAI’s technology, joined Value Investment Korea in the round. DAI was formed by combining US-based Dual Aperture and Kaist’s Center for Integrated Smart Sensors (Ciss) run by professor Chong-Min Kyung.
Kyung said: “Korea is the…