Root Finders announced that it has secured seed investment through Infobank's 99 Degrees Investment Fund No. 1. 99 Degrees Investment Fund No. 1 is an investment fund with participation from various investment institutions, including Infobank, the Gyeonggi Center for Creative Economy and Innovation, and Findus. This investment is part of the 2024 Free Tips Referral Program. The investment amount was not disclosed.
Rootfinders, an AbleTech company developing innovative multimedia solutions for the visually impaired, offers "EasyPlus," a multimedia platform that leverages AI technology to help visually impaired people use their smartphones independently. This platform significantly improves content accessibility for the visually impaired and curates diverse media content tailored to their interests. Furthermore, it automatically filters unnecessary ads and pop-ups and provides concise summaries of important information, enabling visually impaired users to utilize their smartphones more intuitively.
Rootfinders has already promoted "EasyPlus" at several international exhibitions, including SOCAP 2024, and is building a foundation for collaboration with overseas investors and buyers. Furthermore, it has signed an MOU with the American Council of the Blind, is conducting local verification tests, and is working on localizing and enhancing the platform.
Kim Jong-cheol, Vice President of Infobank iExcel, explained the investment background, saying, “Rootfinders’ vision and technological prowess will bring about groundbreaking changes not only for the visually impaired but also for all digitally vulnerable groups,” and “This investment is a strategic decision for creating social value and sustainable innovation.”
“With this investment, we will do our best to help visually impaired people access information and have more opportunities through ‘EasyPlus,’” said Kim Jong-guk, CEO of Root Finders. “We will continue to innovate technologically and fulfill our social responsibility to become a guide for a better future.”
You must be logged in to post a comment.