MakinaRocks IPO
2026-03-16 05:02:33

MakinaRocks Achieves Preliminary Approval for KOSDAQ Listing

MakinaRocks Records Key Milestone Ahead of KOSDAQ Listing



MakinaRocks Co., Ltd., based in Seoul, South Korea, has announced that it has successfully passed the preliminary review for listing on the KOSDAQ stock exchange. The firm, known for delivering cutting-edge industrial AI solutions, is now set to work closely with its lead securities company, Mirae Asset Securities, to move towards an IPO planned for the first half of 2026. This accomplishment highlights the recognition of MakinaRocks' technological prowess and business scalability by the capital market.

Technological Excellence Recognized


The company has achieved an impressive A-A grade in the technical evaluation necessary for special listing status. This evaluation was conducted by reputable agencies, NICE D&B and eCredible, both recognizing the firm’s capabilities in developing advanced AI technologies tailored for industrial environments. Since its inception in 2017, MakinaRocks has successfully implemented over 100 AI solutions across various manufacturing sectors. Initial investments from major players like Applied Ventures, LG, SK, and NAVER have led to substantial strategic investments from giants such as Samsung, POSCO, Hanwha, and GS, amounting to a total of over 53 billion KRW (approximately 57 million USD). These investments not only highlight the company’s financial success but also showcase its ability to leverage its strategic investors in building a robust customer ecosystem.

Expanding into Japan’s Market


As part of its global expansion strategy, MakinaRocks has established a subsidiary in Japan, MakinaRocks Japan Inc., located in the Minato Ward of Tokyo. This move is backed by Tokyo’s overseas business promotion initiatives. The Japanese subsidiary aims to utilize the technological expertise developed in South Korea to support the digital transformation of Japan’s manufacturing industry, enhancing productivity through AI transformation.

Accelerating Growth Through IPO


The funds raised from the upcoming IPO will be allocated to advancing their AI platform, 'Runway,' and to broaden their business reach into global markets, including Japan. MakinaRocks' CEO, Yun Seong-ho, expressed his optimism regarding this milestone: “Passing the preliminary review is a recognition of the technology and achievements we have built in industrial settings. Through validation from the capital market, we will further grow as a company and lead the global manufacturing AI market.”

About MakinaRocks


MakinaRocks, founded in 2017 in both Seoul and Silicon Valley, is recognized as a global AI firm specializing in industrial applications. The company opened a Tokyo office in 2025, marking its commitment to the Japanese market. With a workforce of approximately 120 employees, 75% of whom are engineers focused on AI, the firm boasts an impressive client list that includes global manufacturers like Applied Materials, GS, LG, SK, Samsung, and POSCO. MakinaRocks has been acknowledged as one of the “100 Most Promising AI Startups” by CB Insights and has received accolades from the World Economic Forum, underscoring its global technological reputation. For more information, visit MakinaRocks Official Website or reach out via email at [email protected].


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