BOS Semiconductors Raises $60 Million in Series A Funding for AI Automotive Solutions
BOS Semiconductors, a South Korean automotive semiconductor designer, secured around 87 billion won ($60.1 million) in Series A funding. Existing investors include Atinum Investment and Industrial Bank of Korea, with new investments from Korea Development Bank and HB Investment.
The company is developing AI solutions for autonomous driving, focusing on its Eagle-N and Eagle-A chips, with mass-production samples expected in the first half of the year. The funds will be used for mass production and establishing a global sales network, initially targeting the Chinese market. BOS aims to expand into robotics and drones, leveraging its expertise in automotive semiconductors.
