Korean AI Startup Wrtn Raises Funds in Round Led by BRV Capital

South Korean artificial intelligence startup Wrtn Technologies Inc. raised 25 billion won ($18.3 million) in a funding round led by BRV Capital Management.

Existing investors including Capstone Partners Inc., Industrial Bank of Korea and Z Venture Capital also took part in the pre-Series B round, the company said on Friday.

Wrtn, pronounced as “written,” was founded in 2021 by Lee Seyoung and five friends. Since then, they have created an AI platform for 3.7 million users in Korea and Japan by aggregating several large-language models including OpenAI Inc.’s ChatGPT4, Stable Diffusion 3 and ...