{"id":1467,"date":"2024-07-10T05:21:25","date_gmt":"2024-07-10T09:21:25","guid":{"rendered":"https:\/\/interactcorp.co.kr\/en\/?p=1467"},"modified":"2024-07-10T05:21:25","modified_gmt":"2024-07-10T09:21:25","slug":"news-1","status":"publish","type":"post","link":"https:\/\/interactcorp.co.kr\/en\/2024\/07\/10\/news-1\/","title":{"rendered":"INTERACT, No-code XR content creation engine developer, begins Series A investment fund raising (10th July 2024)"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]INTERACT (hereinafter referred to as INTERACT, CEO Nam Hyeok Kwon), No-code XR content creation engine developer, opened a Series A investment round. July 10th<\/sup>, INTERACT announced the start of Series A round this year July, completing raising funds in the second half of the year. Last year, INTERACT attracted seed investments 300 million won from Incheon Creative Economy Innovation Center and others.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/2″][vc_column_text]ETXR, No-code XR content creation engine developed by INTERACT, has been widely adopted overseas. In particular, ETXR was introduced and utilized by Ministry of Emergency Situations of Kyrgyz Republic, China and Vietnam. US engines are mainly used to create XR content, however, as interest in no-code and low-code development tools is raising, the demand for ETXR, that makes possible XR content creation by anyone simply, is expanding. INTERACT has been recognized for its potential and technological prowess in entering overseas markets and credentialed as a promising exporter by the Ministry of Small and Medium Enterprises and Startups. Moreover, INTERACT was selected as a Global IP Star Company by the Intellectual Property Center.<\/p>\n

Strong performance and technology contributed to its success in fund raising 2 billion won in Series A investment from Korea Technology Finance Corporation and overseas investors. INTERACT targets
\n5 billion won for Series A investment, intending to find investors to plug the remaining amount.<\/p>\n

Nam Hyeok Kwon, CEO of INTERACT, said \u201cContent creation engine is something that cannot be released in a short period of time\u201d, and added \u201cOver the past five years, we have conducted R&D to secure key element technologies.\u201d He continued \u201cWe plan to grow our business by targeting overseas markets, in particular by leveraging our strengths in education and training sectors.\u201d<\/p>\n

INTERACT was founded in 2019, developing and supplying ETXR, No-code XR content creation engine. ETXR strengthens professional education and training sectors, such as civil education, firefighting, national defense, police, being exported to China, Vietnam and Kyrgyzstan. INTERACT plans to establish a joint venture in the UAE in the second half of this year. As of 2024, INTERACT is attracting
\n5 billion won Series A investments.<\/p>\n

For Series A investment inquiries, please contact us by email (finance@interactcorp.co.kr<\/a>)<\/p>\n

 <\/p>\n

About INTERACT<\/strong><\/p>\n

INTERACT was founded in 2019, developing and supplying ETXR, No-code XR content creation engine. ETXR strengthens professional education and training sectors, such as civil education, firefighting, national defense, police, being exported overseas to China, Vietnam and Kyrgyzstan, aimed at establishing JV in the UAE in the second half of this year. . As of 2024, INTERACT is attracting 5 billion won Series A investments.<\/p>\n

 <\/p>\n

Website: http:\/\/www.interactcorp.co.kr<\/a><\/p>\n

 <\/p>\n

Contact<\/strong><\/p>\n

INTERACT<\/p>\n

Business Department<\/p>\n

Nam Hyeok Kwon<\/p>\n

032-710-0367[\/vc_column_text][\/vc_column][vc_column width=”1\/2″][vc_single_image image=”1461″ img_size=”large”][vc_single_image image=”1463″ img_size=”large”][vc_single_image image=”1462″ img_size=”large”][vc_single_image image=”1465″ img_size=”large”][vc_single_image image=”1464″ img_size=”large”][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_row][vc_column][vc_column_text]INTERACT (hereinafter referred to as INTERACT, CEO Nam Hyeok Kwon), No-code XR content creation engine developer, opened a Series A investment round. July 10th, INTERACT announced the start of Series A round this year July, completing raising funds in the second half of the year. Last year, INTERACT attracted seed investments 300 million won from…<\/p>\n","protected":false},"author":1,"featured_media":1329,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/interactcorp.co.kr\/en\/wp-json\/wp\/v2\/posts\/1467"}],"collection":[{"href":"https:\/\/interactcorp.co.kr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/interactcorp.co.kr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/interactcorp.co.kr\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/interactcorp.co.kr\/en\/wp-json\/wp\/v2\/comments?post=1467"}],"version-history":[{"count":1,"href":"https:\/\/interactcorp.co.kr\/en\/wp-json\/wp\/v2\/posts\/1467\/revisions"}],"predecessor-version":[{"id":1468,"href":"https:\/\/interactcorp.co.kr\/en\/wp-json\/wp\/v2\/posts\/1467\/revisions\/1468"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/interactcorp.co.kr\/en\/wp-json\/wp\/v2\/media\/1329"}],"wp:attachment":[{"href":"https:\/\/interactcorp.co.kr\/en\/wp-json\/wp\/v2\/media?parent=1467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/interactcorp.co.kr\/en\/wp-json\/wp\/v2\/categories?post=1467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/interactcorp.co.kr\/en\/wp-json\/wp\/v2\/tags?post=1467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}