SqueezeBits Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
SqueezeBits Inc. - overview
Established
2022
Location
Seoul, -, South Korea
Primary Industry
Software
About
Based in Seoul, South Korea, and founded in 2022, SqueezeBits Inc. , a. k. a.
SqueezeBits operates as a quantization technology company that is developing a solution that accelerates an AI model by reducing it to 4 bits or less. In January 2024, SqueezeBits Inc. raised KRW 2. 5 billion in pre-series A funding from Kakao Ventures, Samsung NEXT Ventures, POSCO Capital, and POSTECH Holdings.
The company’s key product offering is OwLite, an AI compression toolkit designed to simplify the application of compression techniques to existing machine learning models. OwLite helps users achieve significant improvements in speed and cost efficiency, making the transition from research to real-life applications seamless. The company plans to use its proceeds from January 2024 funding to overseas markets and expand its scope of application in the future to support a variety of hardware, including hardware from Intel, AMD, ARM, and NPUs from AI semiconductor startups.
Current Investors
Naver D2 Startup Factory, POSTECH Holdings, Posco Investment
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Application Integration Software
Website
www.squeezebits.com
Verticals
Artificial Intelligence, Artificial Intelligence, Artificial Intelligence, Big Data, Cloud Computing
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
SqueezeBits Inc. - financials
| Fiscal Year Ended | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|
| Revenue (USD) | - | - |
| % Revenue Growth (YoY) | - | - |
| EBITDA (USD) | - | - |
| Operating Income (USD) | - | - |
| Operating Margin | - | - |
| % EBITDA Margin | - | - |
| NET Income (USD) | - | - |
| % Net Margin | - | - |
SqueezeBits Inc. - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.