WearableAI, a "physical AI"-based Autonomous Driving startup backed by NAVER D2SF, said on the 20th that it was selected for the Ministry of SMEs and Startups' "Deep Tech TIPS" program upon recommendation from Quad Ventures.
Deep Tech TIPS is one of the flagship startup support programs under the Ministry of SMEs and Startups' "TIPS," and is a high-value support track created to intensively foster startups with advanced technologies in 10 ultra-gap fields.
Through this selection, WearableAI plans to secure up to 1.5 billion won over three years in research and development (R&D) funds and accelerate the advancement of Autonomous Driving core technologies in the special-purpose mobility (SPM) sector.
WearableAI is focusing on the SPM market, where operating environments differ greatly by domain such as airports, logistics, and defense. SPM has been criticized for lacking general-purpose solutions, resulting in high dependence on individual customization and large introduction expense.
To address this, WearableAI is developing a plug-and-play (PnP) Autonomous Driving solution. Without separate infrastructure such as high-definition maps, it enables Autonomous Driving in an end-to-end (E2E) manner, and aims for a structure that can flexibly scale into SPM areas with significant environmental constraints.