LaonPeople
AI-powered machine vision solutions for industrial automation.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | KRW30.0b | Late VC | |
| Total Funding | 000k | ||
LaonPeople Inc., founded in January 2010 by CEO Suk Joong Lee, is a South Korea-based company specializing in artificial intelligence-powered machine vision technology. Lee, who holds both a Bachelor's and Master's degree in Electronic Engineering from Seoul National University, previously served as a senior researcher at Hyundai Electronics and as CTO/COO at Core Logic before establishing LaonPeople. The company is publicly traded on the KOSDAQ exchange.
The firm develops and provides integrated AI vision solutions for both industrial and non-industrial applications. Its core business, Smart Factory solutions, includes AI-based software and machine vision systems designed for manufacturing process automation and inspection. Key products in this segment are in-house developed 2D/3D cameras, thermal imaging cameras, barcode readers, and camera module inspectors. These solutions are used to detect defects, identify parts, and perform visual quality tests in sectors such as electronics, semiconductors, automotive, and pharmaceuticals. For example, their technology is used for fully automatic inspection of complex surfaces like automobiles to find defects that are difficult for human eyes to discern.
LaonPeople has expanded its offerings into a "Smart Life" business area, applying its AI vision technology to everyday life. This includes AI solutions for the traffic, dental, and medical sectors. Specific applications feature an AI traffic signal controller that monitors and manages traffic flow, and dental solutions that assist in orthodontic diagnosis. The company also has a presence in the sports technology market, supplying golf sensors to Kakao VX, a major screen golf operator in Korea.
Keywords: AI machine vision, smart factory, visual inspection, deep learning, industrial automation, camera modules, image signal processing, defect detection, 2D cameras, 3D cameras, thermal imaging, barcode readers, traffic solutions, dental solutions, semiconductor inspection, automotive inspection, pharmaceutical inspection, electronics manufacturing, robotics vision, surface inspection