Panesia CEO Jeong Myeong-su received a commendation from the Minister of Trade, Industry and Energy at the 20th Electronics and IT Day event held at COEX in Samseong-dong, Seoul on the 21st. The award was given in recognition of Panesia's contributions to the advancement of the electronics and IT industries through its innovative technology development, rapid growth, and job creation.
Since its establishment in August 2022, Panesia has been continuously developing technology in the field of CXL (Compute Express Link) design assets, a core next-generation data center technology. In particular, Panesia has secured key patents related to CXL-based high-speed connection technology and is preparing for commercialization, contributing to the advancement of data center and AI infrastructure technologies. Furthermore, Panesia is expanding its international collaborations and international standardization activities, including through the CXL Consortium, UALink, PCI-SIG, and the Open Compute Project, thereby enhancing the international connectivity of domestic semiconductor technology.
Panesia achieved a corporate value of KRW 103.4 billion by attracting KRW 17 billion in seed round investment in September 2023, and successfully attracted more than KRW 80 billion in Series A investment in 2024, expanding its corporate value to approximately KRW 340 billion.
Furthermore, the company operates training programs to expand employment and cultivate talent, contributing to the stabilization of the industry's human resource ecosystem. It visits universities nationwide annually to provide recruitment and career counseling, and by 2025, it is projected to achieve the highest employment growth rate (136%) in the deep tech and AI sectors in Korea. The company also strives to strengthen employee capabilities through its in-house training program, "PanEdu," and opportunities to participate in global projects.
CEO Jeong Myeong-su said, “This award is the result of the hard work of the Panesia members,” and added, “We will continue to support young engineers so that they can experience the entire semiconductor industry and grow into global experts.”
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