Wrtn Completes Financing with a Valuation of $870 Million
Wrtn Technologies, a South Korean artificial intelligence service platform, has completed financing with a valuation of 1.2 trillion won (approximately $870 million) to support its global expansion. The company stated in a press release that it raised about 100 billion won in its Series C funding round, bringing its total financing to approximately 230 billion won. Wrtn's North American AI narrative platform, OOC, has surpassed 10 billion won in monthly revenue since its launch in May. Wrtn expects its annual revenue to exceed 200 billion won this year, a significant increase from about 47 billion won last year.
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