Neton

Neton

AI-powered access control and smart store platforms.

HQ location
South Korea
Launch date
Employees
Company register number
1228801234
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DateInvestorsAmountRound
investor

€0.0

round
*

KRW1.2b

Late VC
Total Funding000k
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Neton Co., Ltd. is a South Korean technology company specializing in artificial intelligence-based vision recognition solutions. Founded in 2017 and formally established as a corporation in October 2018 by CEO Myung Hong-cheol, the company develops and provides services for smart stores, security, and industrial safety management.

The company's core offerings utilize high-precision vision recognition, algorithm lightweighting, and video encryption technologies. One of its primary products is an AI Smart Store Platform, an O2O service that enables unmanned store operation. This system uses facial recognition and real-time personal information mosaic processing to manage entry, product ordering, and payment via QR codes, aiming to provide a secure and convenient experience for consumers while offering efficient store management for business owners.

Neton also provides customized AI facial recognition solutions for various business needs, including access control, time and attendance management, and industrial safety systems. Another key application is an integrated control solution designed for the socially vulnerable and for analyzing floating populations. In January 2022, the company received a $2.68 million Series A investment, signaling its plans for further growth.

Keywords: facial recognition, access control, smart store platform, AI vision recognition, unmanned store, video encryption, object recognition, algorithm lightweighting, industrial safety management, time and attendance, floating population analysis, O2O service platform, QR code payment, security solutions, CCTV solutions

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