NAVER D2SF Invests in AI-Powered Autonomous Driving Startup "whereable.ai"

NAVER D2SF, the venture capital unit of South Korean tech giant Naver Corp., has recently invested in Whereable.ai Inc., a startup specializing in AI-powered autonomous driving technology. This strategic investment aligns with NAVER D2SF's core focus on early-stage startups, particularly those in the technology sector, and its commitment to fostering long-term partnerships.

Whereable.ai's innovative solution leverages self-learning AI to recognize and adapt to real-time road conditions, enabling immediate deployment without additional infrastructure. This plug-and-play approach allows for flexible route and driving area adjustments based on customer needs, making it an attractive investment opportunity for NAVER D2SF despite the inherent risks in the autonomous driving sector.

The startup's extensive industry expertise, stemming from its founding members' experience with ThorDrive, a pioneering autonomous driving startup in South Korea, further enhances its appeal. Within four months of its establishment, Whereable.ai secured a contract to supply ten of its indoor autonomous mobility systems, "Quadie," to Incheon International Airport Terminal 2's departure hall, demonstrating its ability to win business and execute on its projects.



NAVER D2SF's investment in Whereable.ai is expected to create synergies with its existing portfolio and the broader NAVER ecosystem. By collaborating with other mobility startups, integrating its technology with NAVER services, and leveraging NAVER's resources and expertise, Whereable.ai can expand its reach, improve its technology, and tap into new markets.

In conclusion, NAVER D2SF's investment in Whereable.ai is a strategic move that aligns with its core investment values, particularly its focus on risk management and market trends. By supporting a promising startup with a strong team, innovative technology, and a clear path to market success, NAVER D2SF is well-positioned to benefit from the growing demand for autonomous driving solutions and the expanding NAVER ecosystem.