StradVision, an automotive artificial intelligence perception software company, announced on the 10th that it filed a securities registration statement with the Financial Services Commission on the 9th for a KOSDAQ listing, officially launching its public offering process.
The company plans to offer a total of 7 million shares with a target price range of 12,400 won to 14,800 won per share. The total offering size ranges from 86.8 billion won to 103.6 billion won. StradVision received preliminary approval for listing from the Korea Exchange's KOSDAQ Market Division on the 2nd. The company will proceed with institutional book-building and public subscription before debuting on the KOSDAQ market. KB Securities is serving as the lead underwriter.
StradVision develops and supplies AI perception software for automobiles. Through its flagship object recognition solution "SVNet," the company has expanded its market presence by securing mass production references with global original equipment manufacturers. It has strengthened its competitive edge in vision AI core technology by securing more than 1,000 patents domestically and internationally.
SVNet analyzes camera-based video data in real time to recognize objects on the road—including pedestrians, vehicles, and lanes—with high precision. The solution serves as a core technology for autonomous driving and advanced driver assistance systems implementation. Its lightweight architecture delivers stable performance even in limited computing environments and can be flexibly applied to various hardware platforms. The company has introduced its proprietary integrated data pipeline "SVDataFlow" to automate significant portions of data processing, including auto-labeling, thereby improving AI model development efficiency while simultaneously enhancing data-driven performance improvements and mass production response speed.
StradVision's technology meets global vehicle safety evaluation standards such as EURONCAP and major regulatory requirements including FMVSS. The technology is being applied to various OEM mass production projects, with compatibility across more than 30 hardware platforms expanding its application scope. Through collaboration with global OEMs, the company recently surpassed 5 million cumulative vehicle installations worldwide.
StradVision has maintained rapid growth with an average annual revenue growth rate of approximately 60% from 2023 to 2025. With vehicles equipped with Level 2 or higher autonomous driving features spreading rapidly, demand for StradVision's solutions is expected to expand in line with this market growth.
"We have validated our technology through mass production projects with global OEMs and achieved stable growth based on key personnel and R&D capabilities," said Kim Jun-hwan, CEO of StradVision. "Through phased vision AI advancement and integrated multi-vision-based technology, we plan to expand beyond the Level 2-focused market into Level 3 and 4 autonomous driving. We will also expand our business beyond automobiles into various areas including smart infrastructure, special-purpose vehicles, and robotics."