Idea Ocean
AI-driven autonomous mechanism design and hardware modules.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
KRW1.5b | Early VC | ||
| Total Funding | 000k | ||
IDeA Ocean is a startup specializing in autonomous design technology for robotics and machinery. Founded in July 2023 by Dr. Joongho Kim, who holds a PhD in mechanical engineering from Seoul National University, the company is commercializing technology developed at the university's IDeA Lab. IDeA Ocean aims to innovate the traditional engineering design paradigm through automation and digital transformation.
The company's flagship product is METHEUS, an AI-driven generative design software that automates the creation of optimal mechanisms without requiring a predefined layout. This software leverages big data and AI to significantly reduce design time and costs, addressing key inefficiencies in the development of robots and machines. METHEUS v1.0 focuses on 2D mechanism design, with capabilities for 3D design in development.
IDeA Ocean operates with a dual business model. The first part involves licensing its METHEUS software to engineers and companies in sectors like mobility, robotics, and heavy industry. The second part is generating revenue from manufacturing and selling modular robot hardware components based on designs created by METHEUS. Currently, the company provides engineering solutions to clients in the automotive and heavy industry sectors, creating custom mechanisms to meet their specific needs. The official launch of the METHEUS software is planned for 2026.
Since its establishment, the company has achieved several milestones, including receiving seed investment from FuturePlay, becoming an R&D partner with Hyundai Motor Group, and being selected for accelerator programs such as Hyundai's ZER01NE and the TIPS (Tech Incubator Program for Startup). Its METHEUS software was also a CES 2024 Innovation Award Honoree.
Keywords: mechanism design automation, generative design software, robotics, autonomous design, mechanical engineering, hardware modules, AI-driven design, METHEUS, mobility solutions, heavy industry, automotive design, 3D CAD, engineering automation, digital transformation, robot components, conceptual design, prototype production, Hyundai Motor Group partner, CES 2024, TIPS startup