Superb AI, a South Korean startup specializing in AI technology, has successfully raised $10.2 million in a Series C funding round, led by Doosan Group.

This latest funding round brings the company's total capital raised to approximately $37 million.

Hyunsoo Kim, the CEO and cofounder, intends to utilize the funds for working capital as the company gears up for a public listing planned for 2026.

Founded in 2018, Superb AI offers a range of tools for data collection, curation, labeling, model building, and deployment, with a primary focus on computer vision.

The startup has established a strong customer base, boasting over 100 clients, including industry giants such as Hyundai Motor, Samsung Electronics, and Toyota.

Superb AI's collaboration with Hyundai Motor is expected to enhance its self-driving technology, while Samsung could leverage the startup's AI advancements for its smartphones.

To improve its AI models, Superb AI plans to utilize Nvidia's GPU chips for training and is exploring additional chip options for deployment.

Doosan Investments, the lead investor in this funding round, is part of a larger conglomerate that operates in various sectors, including robotics and nuclear components.

Other notable investors in this funding round include Hyundai Motor, Samsung Next, Kakao Investment, KT Investment, and Premier Partners.

KT Investment has been a consistent supporter of Superb AI since its seed round in 2019, demonstrating a long-term commitment to the startup.

Despite a slowdown in global venture capital, Superb AI's ability to attract significant funding underscores the growing landscape of AI startups in South Korea.

In response to increasing security concerns, Superb AI is set to launch an on-premise version of its AI tools next month.