CUBIG (Co-CEOs Bae Ho and Jeong Min-chan), an AI security synthetic data startup, announced on the 13th that it has completed a Series A investment round. This round was jointly participated by UK investment firm Iona Star LP and domestic venture capital firm Friend Investment Partners, bringing the total investment to over 9 billion won.
Cubic has developed technology to generate high-quality synthetic data required for AI learning and analysis without accessing sensitive personal information. Its main product, "X-PERT," is a no-code AI platform based on differential information protection technology. It can generate and simulate multimodal data suitable for diverse industrial environments, including finance, public sector, and healthcare, without the need for real data. Currently, Cubic has secured major domestic financial institutions and public institutions with high security requirements, such as Kyobo Life Insurance, IBK Industrial Bank of Korea, and Gangnam District Office, as clients. Cubic is also preparing to expand its SaaS-based services through entry into the Naver Cloud platform.
The investment will be primarily used to establish local subsidiaries in key overseas locations, including the UK, strengthen sales and marketing capabilities for global market expansion, and secure key personnel. Furthermore, the company plans to focus on developing customized AI agent models for the finance, public, and healthcare sectors, as well as building an integrated data ecosystem platform encompassing data generation, verification, trading, and utilization.
This investment is significant because it demonstrates recognition of Cubic's technological prowess and business potential in the global market. In particular, Cubic's differential information protection-based synthetic data technology is recognized as a unique solution in environments subject to strict regulations, such as the European General Data Protection Regulation (GDPR). UK investment firm Iona Star LP will collaborate with Cubic on a proof-of-concept (PoC) targeting financial institutions and big tech companies in Europe, supporting the technology's expansion.
Cubic CEO Baeho stated, “Through this investment, we have secured a strategic partnership for entering the global market. Based on our proven technological prowess and business performance, we will pursue full-scale expansion in the European and North American markets and grow into a global AI data infrastructure company.”
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