IRVIS

Based in South Korea, IRVIS specializes in automation solutions that leverage artificial intelligence and robotics for advanced inspection processes, enhancing operational efficiency across various sectors. IRVIS, founded in 2024, operates from Seoul, South Korea, focusing on automation solutions for inspection processes. The company has executed two deals, with its most recent deal taking place on March 24, 2026. The firm was established by individuals dedicated to innovation in inspection technology, although specific founder information is not available.

IRVIS specializes in advanced inspection automation solutions that integrate artificial intelligence (AI), vision systems, and robotic controls. Their primary product offerings focus on automating complex and diverse inspection processes, significantly enhancing precision and productivity across various industries. One flagship solution includes a 3D inspection automation system specifically designed for electrostatic discharge (ESD) testing, which has demonstrated a performance rate improvement from 85% to 98% and a reduction in test time by 33%. The company serves a global market, targeting a wide range of clients, including major corporations like LG Electronics and institutions such as Seoul National University.

IRVIS generates revenue primarily through B2B partnerships and direct contracts with enterprises seeking to enhance their testing and inspection capabilities. The business model typically involves tailored solutions that include service agreements for the installation and maintenance of their automation systems, along with licensing fees for proprietary software technologies. Transactions are structured to encompass both initial setup costs and ongoing support, offering clients a comprehensive automation package. While specific pricing details for individual products are not disclosed, the partnership with leading firms underscores its value proposition in delivering high-efficiency solutions that meet stringent industry requirements.

In March 2026, IRVIS raised an undisclosed amount of venture funding from new investor Y&ARCHER, with additional participation from other investors. The funding will support the company's plans to advance its technology and broaden market presence. IRVIS is currently developing new products aimed at further enhancing their inspection automation capabilities, although specific release dates are not disclosed. The company is also exploring expansion into new geographic regions, with plans to target additional markets by late 2026.