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SBI Investment Portfolio Company RideFlux Earns ‘A’ Ratings in Technology Evaluation for Listing
- SBI Investment portfolio company RideFlux, an autonomous driving software startup, has received ‘A’ ratings from both specialized evaluation agencies in the technology evaluation for a KOSDAQ technology-based special listing, putting its IPO in the second half of this year firmly on track.
- RideFlux possesses ‘full-stack’ capabilities, having developed in-house the core technologies for driverless autonomous driving, from perception, decision-making and control to HD maps and AI data solutions. Its commercialization achievements in the B2B market, including obtaining Korea's first permit for paid freight transport by autonomous truck, were highly rated.
- RideFlux has appointed Korea Investment & Securities and Woori Investment Securities as joint lead underwriters and plans to file for the preliminary listing review shortly. SBI Investment plans to actively support the portfolio company's successful listing on KOSDAQ.
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