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AI technology company Dabeeo wins fund from major defense investors

Spatial information firm Dabeeo has been selected for investment by Defense Innovation Technology Investment Consortium No. 1, an 80 billion-won ($60 million) South Korean fund for fostering future defense technology. The fund is formed by the Military Mutual Aid Association, IBK Capital, and LIG Nex1, a leading South Korean defense firm. With the investment from the fund, the total amount Dabeeo secured rose to $6 m.

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