Brain Ventures

Brain Ventures is an artificial intelligence company specializing in natural language processing (NLP). It was founded in May 2020 by CEO Kim Won-hoi, who holds a Ph.D. in linguistics. His academic background in comparative linguistics informed his decision to start the company, anticipating the rise of NLP with the advent of the AI era.

The company develops and provides a range of AI-powered services. A key offering is a multimodal webtoon localization solution called 'ToonSpace', which automates the Optical Character Recognition (OCR), translation, and typesetting processes for webcomics. This service, which also includes an AI solution named 'MAXUS' for extracting data from charts and images, is designed to reduce the time and cost associated with manually localizing webtoons for global audiences. Brain Ventures also offers domain-specific translation services tailored to fields like medicine and art, multilingual translation across 45 languages, video content auto-translation, and automated scoring for subjective assessments. Their technology is also applied to analyze product reviews and process legal and intellectual property data.

Brain Ventures primarily serves webtoon production and distribution companies. The company has established partnerships with major platforms such as KT Storywiz, Woongjin Thinkbig, and the global webtoon platform Toptoon. It operates on a Software-as-a-Service (SaaS) model for its webtoon localization platform. The company has received seed funding from investors including CNTTech, KingoSpring, and Hoseo University. It has established a presence in the United States and Japan to facilitate its global expansion.

Keywords: natural language processing, artificial intelligence, webtoon translation, multilingual localization, optical character recognition, automated scoring, data extraction, machine translation, sentiment analysis, document analysis, language technology, Korean startup, AI translation, SaaS, image translation