K-Ground Ventures (KGV, CEO Nam-Hoon Cho), an investment firm specializing in deep tech commercialization and IP monetization, announced that it has signed a memorandum of understanding (MOU) with NX (CEO Joo-Hyun Nam), an energy-saving AI EMS (energy management system) company, and HyperVisual AI (CEO Sam-Yoon Jeong), an AI semiconductor fabless company, for cooperation in commercializing AX in the energy sector.
This agreement includes joint development of dedicated AI semiconductors (GPNPU) for AI EMS advancement, technology standardization, and advancement into the global market.
NX has built an "energy neural network" based on approximately 300,000 devices, securing world-class building energy data. The scale of its data is rapidly increasing alongside its business growth. Leveraging this data-driven performance, NX is achieving results in various energy efficiency projects and is considered a unicorn candidate with growth potential in the EMS market. Recently, NX received an "AA" rating from K-Ground Ventures for its IP value and business viability, securing investment in its IP project.
NX CEO Nam Joo-hyun said, “Through this joint development, we expect to see cost savings and enhanced safety, such as fire prevention, by utilizing the energy AI agent ‘enbrix’ in various spaces such as buildings, factories, and homes.”
K-Ground Ventures, which spearheaded this MOU, is working to foster a new AX investment ecosystem in the AI field, collaborating with an investment association led by Korea Science and Technology Holdings (KST) and comprised of ACs, VCs, and PEs. CEO Namhoon Cho pointed out, "In a situation where AI experts are scarce across industries, individual investment firms' sole investments are unlikely to lead to effective AX performance." He emphasized, "We need to build a full-stack AX investment ecosystem that connects data, semiconductors, and services, centered around AI startups possessing core technologies and global IP."
CEO Cho also explained that through the dedicated AX fund currently under development, domestic and international startups proposing innovative AX projects tailored to global demand will receive support and investment through TIPS and Scaleup TIPS, based on public-private partnerships. He also announced plans to develop a "Korean-style global AX investment ecosystem model" that will enable early results by providing follow-up investments upon achieving milestones.
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