– Conducting software validation for mass production with global automakers
– Expanding LiDAR applications to crowd management and safety systems
“Our LiDAR (Light Detection and Ranging) software is developed to a level capable of mass production for advanced driver assistance systems (ADAS). It has gained significant recognition because we are one of the very few companies globally implementing this technology with major original equipment manufacturers (OEMs) and Tier 1 suppliers or actively discussing such implementations.”
Jae Kwang Kim, CEO of Vueron Technology (hereafter Vueron), which recently secured $16.5 million in funding amid a challenging investment climate, shared this perspective during an interview with Chosun Biz on November 23. The company has raised a total of $25 million to date.
Founded in October 2019 by Jae Kwang Kim, a former member of Hyundai Motor’s Autonomous Driving Center, Vueron is highly regarded for its technological expertise in LiDAR perception software. It became the first in the world to obtain autonomous driving licenses in both Korea and the U.S. using only a single LiDAR sensor.
Vueron is currently validating its autonomous driving LiDAR solution, VueOne, with global automakers for mass production. In North America, it is co-developing an ADAS system with a major logistics company, aiming to mass-produce LiDAR-based delivery trucks.
LiDAR, alongside cameras and radar, is one of the three essential components of autonomous vehicles, serving as their “eyes.” It uses laser beams to map surrounding environments and objects with centimeter-level precision, enhancing safety in autonomous driving. Unlike radar, which uses radio waves and is less affected by weather, or cameras, which provide shape details, LiDAR complements both with high-resolution capabilities.
“Vueron’s software processes 3D data captured by LiDAR sensors (hardware) and converts it into actionable information such as object classification, location, size, and speed,” Kim explained. “Our software stands out because it is compatible with any LiDAR sensor and operates on low-power, low-spec vehicle chips (MCUs) as well as high-performance GPUs, meeting the requirements for large-scale mass production.”
He added, “Globally, there are few competitors focused solely on LiDAR software, and most of them concentrate on fixed infrastructure applications. This leaves Vueron uniquely positioned as a recognized leader in technology for mobile autonomous systems.”
Kim emphasized that Vueron’s edge lies in its ability to detect, classify, and track objects—a critical starting point for ADAS. “Having worked extensively in research and development at Hyundai Motor, our team has focused on building software tailored for automotive needs, setting us apart from others in the industry,” he said.
In addition to automotive applications, Vueron generates nearly half of its revenue from infrastructure-focused LiDAR solutions under the brand VueTwo.
These solutions analyze traffic conditions, detect anomalies, and monitor congestion in high-density areas. For instance, Vueron deployed 36 LiDAR sensors at a major airport in Korea to monitor the departure floor, providing accurate crowd counts and wait time estimates for improved passenger flow management.
The company is also collaborating with multiple municipalities in Seoul, implementing congestion analysis solutions in public spaces. In one case, it developed an alarm system to prevent collisions between pedestrians and cyclists in parks with shared pathways.
“After the Itaewon tragedy in 2022, the Korean government has been allocating budgets to address safety concerns in crowded streets and festivals,” Kim said. “There’s also increasing demand for LiDAR solutions at construction sites to enhance collision safety for heavy machinery like excavators. Internationally, we’re conducting pilot projects in over 100 intersections across Japan, which is highly sensitive to safety issues.”
Looking ahead, Vueron plans to go public on KOSDAQ in 2026. “As we approach the realization of our initial goal—mass production of LiDAR software for vehicles—we see an IPO as essential to securing a stable financial structure,” Kim noted. “Our ultimate vision is to grow into a Tier 1 supplier, offering not only software but also full-scale LiDAR hardware solutions.”
출처 : Chosun Biz(https://biz.chosun.com)
