Image processing artificial intelligence (AI) startup MayI (CEO Park Jun-hyeok) announced on the 15th that it has been selected for the 'Global IR' program, a baby unicorn breeding project hosted by the Technology Guarantee Fund, and is accelerating its global expansion.
The Global Corporate Information (IR) Program selects 10 companies with high potential for expansion into three regions – the U.S. (New York, Silicon Valley), Asia (Singapore, Japan), and Europe – from among the companies selected as baby unicorns in the 2024 Global Unicorn Project, and provides networking opportunities with local investors to help strengthen global competitiveness.
Mayai was selected for the Asia region and participated in the global IR program held in Japan and Singapore for 9 days last November. After being additionally selected for the Western US (Silicon Valley) region, it is scheduled to complete the same program for 5 days in Silicon Valley at the end of this month.
The Global IR program consists of ▲‘Investment Consultation Session’, which provides one-on-one meeting opportunities with local venture capitals (VCs) preferred by participating companies, ▲‘Investment IR’, which provides opportunities to attract overseas investment from global VCs, and ▲‘Networking’ sessions, which allow for communication with local investors and Korean startups.
mAsh is a startup that develops and operates a video processing AI solution called 'mAsh'. It analyzes visitor data using CCTVs installed in offline spaces, presents key performance indicators (KPIs) for each store, and provides insights to help operate offline spaces efficiently. mAsh is securing major domestic corporations such as Samsung Electronics, LG Electronics, and CGV as its clients by leveraging its own technological competitiveness.
Through this program, Mayi has received international recognition for its innovative business model and growth potential, and plans to accelerate its global expansion so that it can make data-based decisions through MASH in overseas stores where there is a high need for visitor analysis in the future.
Park Jun-hyeok, CEO of MayI, said, “MayI is systematically managing risks that may arise when expanding into the global market while complying with Europe’s GDPR and the AI Act, and is supplying mesh to the overseas bases of major clients.” He added, “We will actively utilize various support such as the network with overseas VCs secured through this program to quickly strengthen our capabilities for global expansion.”
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