PANews
PANews|Aug 26, 2026 00:03
[South Korean AI Startup Wrtn Completes Funding at $870 Million Valuation] According to foreign media cited by Jintou, South Korean AI service platform Wrtn Technologies has completed funding at a valuation of 1.2 trillion KRW (approximately $870 million) to support its global expansion. The Seoul-based startup stated in a press release that its Series C funding round raised approximately 100 billion KRW. Following this round, Wrtn's total funding has reached about 230 billion KRW. The statement also noted that Wrtn's North American AI narrative platform, OOC, has achieved monthly revenue exceeding 10 billion KRW since its launch in May. The platform allows users to create or enter fictional worlds and interact with AI characters. Riding this momentum, Wrtn expects its annual revenue this year to surpass 200 billion KRW, a significant increase from last year's approximately 47 billion KRW.
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