C-Lab decides to increase capital by 17.8 billion won

Vision AI specialist company SeeLab announced that it has decided to increase capital by approximately 17.8 billion won.

This paid-in capital increase will be conducted in the form of a general public offering of real rights shares after a preferential allocation to shareholders, and the number of new shares scheduled to be issued is 3,290,000, which is approximately 54% of the total number of shares. The planned issue price is 5,430 won, and NH Investment & Securities is the lead manager.

With this public offering, SeeLab will begin preparing for the AI computing center construction project through the expansion of NVIDIA’s latest GPU data center and the development of GPU cluster optimization software ‘AstraGo’. Through this, it plans to actively respond to the rapidly increasing demand for AI computing construction at the national level and maximize profits.

We also plan to invest in expanding our sales network to expand domestic and international markets. We plan to build a professional partnership network called XPN (Xiilab Partner Network) and enter the market through global marketing activities centered on North America, Japan, and Southeast Asia.

“Considering the rapid growth of the AI market and the market environment, now is an important time to establish a solid growth foundation,” said Yoon Se-hyeok, CEO of Cielab. “With the funds secured through this paid-in capital increase, we will increase the competitiveness of our AI computing business and solidify our future growth momentum.” He continued, “Cielab will lay the foundation for more than 10 times growth within 5 years by expanding the application of AstraGo’s GPU and strengthening VLM and digital twin technologies.”

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