Nota AI, a leading provider of AI model optimization technology, has received preliminary approval for a KOSDAQ listing from the Korea Exchange, securing the approval just two months after filing. The company aims to complete its IPO in the second half of 2025, with Mirae Asset Securities serving as the lead underwriter.
The swift approval is particularly significant given the heightened regulatory scrutiny and sharp decline in IPO approvals during the first half of 2025. Nota AI's success demonstrates its ability to meet increasingly stringent standards for both technological innovation and commercial viability, with a key factor being the company's proven track record of overseas customer wins and consistent revenue growth.
NetsPresso® Platform Drives Commercial Success
At the core of Nota AI's value proposition is its proprietary platform, NetsPresso®—an end-to-end solution for developing and deploying lightweight, efficient AI models. The company has already commercialized this technology through collaborations with global semiconductor leaders, including NVIDIA, Samsung Electronics, Arm, Qualcomm, Sony, and Renesas.
Building on this foundation, Nota AI has expanded into key verticals such as industrial safety, surveillance, and intelligent transportation systems (ITS) through strategic contracts and successful commercial deployments. Among the solutions supporting these initiatives is the Nota Vision Agent (NVA), an advanced video monitoring system powered by the company's proprietary Vision Language Model (VLM).
Global Expansion and Revenue Growth
Nota AI began its global expansion by establishing overseas offices in Germany and the United States, subsequently scaling operations in regions including the Middle East, Japan, and Southeast Asia. The company achieved a significant milestone in April 2025 when it signed a supply agreement with Dubai's Roads and Transport Authority (RTA), becoming the first Korean company to deliver a generative AI solution to a government agency in the Middle East.
With its technology-driven business model reaching maturity, Nota AI has grown its revenue nearly tenfold over the past five years. The company projects year-over-year growth exceeding 72% in 2025, with IPO proceeds planned for advancing R&D and accelerating global business expansion.
"This fast-track approval, amid today's rigorous IPO environment, demonstrates that Nota AI is more than just a promising startup—we're a globally recognized company with proven technology and business impact," said Myungsu Chae, CEO of Nota AI. "Through this IPO, we aim to set a new global standard in AI optimization and accelerate the real-world adoption of AI across industries."
The approval follows Nota AI's "A•A" rating in Korea's official technology evaluation process last December, underscoring the company's technological excellence and commercial viability in the competitive AI optimization market.
