ICTWAY

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ICTWAY - overview

Established

2012

Location

Seoul, -, South Korea

Primary Industry

Software

About

Based in Seoul, South Korea, and founded in 2012, ICTWAY operates as an ICT-focused venture company. The company specializes in information and communication technology, spatial information, system integration, GIS database construction, software development, and digital twin technologies. ICTWAY has expanded its operations with a Guro R&D Center, a Daejeon branch, and a Chinese subsidiary, while building expertise in public-sector ICT projects and smart city infrastructure. The company employs more than 150 professionals and has established itself as a leading provider of digital twin and geospatial solutions in Korea.


In September 2026, ICTWAY raised KRW 2 billion in venture funding from Timeworks Investment. The company focuses on developing and delivering AI Digital Twinner Platform solutions that support the design, construction, operation, and monitoring of 3D digital environments. Its offerings include AI digital twin software, smart city platforms, autonomous anti-drone integrated control systems, AI video surveillance solutions, fine dust monitoring and improvement systems, spatial information databases, GIS services, and ICT consulting. ICTWAY provides end-to-end services ranging from consulting and system design to platform implementation and operation.


The company's revenue is generated by the development and supply of software solutions, digital twin platforms, GIS and spatial information database projects, ICT system integration services, consulting, public-sector technology projects, maintenance services, and customized platform development for government and enterprise customers. The company will use the funding for research and development, workforce expansion, commercialization activities, and market expansion.


Current Investors

Timeworks Investment

Primary Industry

Software

Sub Industries

Software

Website

www.ictway.co.kr/

Verticals

Artificial Intelligence

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

ICTWAY - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Unspecified RoundCompletedICTWAY-

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