Fundraising Fox

Mars Auto

YC W19

Seoul, KR · Founded 2017 · Delaware corporation · 15 employees · 4 known investors

marsauto.com ↗

Mars Auto builds autonomous Class 8 trucks for commercial cargo transportation in Korea and the United States, using a vision-focused AI driving system that does not rely on pre-mapped routes. The company operates self-driving trucks for long-haul freight hauling with plans to deploy fully unmanned vehicles by 2028.

Advanced ManufacturingAI & Machine LearningLogistics & Supply ChainMobility & TransportationRoboticsArtificial IntelligenceAutonomous Truckingin /marsauto@ycombinatorycombinator.com ↗

Founders & leadership· Y Combinator alumni (W19)

IPIlsu Park
Ilsu ParkinFounder
GI
Gyuri ImExecutive Officer, Director, Promoter

Investors · 4

GFT VenturesPalo Alto
Y CombinatorSan Francisco · $500K
Kakao VenturesreportedSeongnam · $297K – $27M
Zeno VenturesreportedGeneva

Reported raises · per SEC filings

Form D private placements
▶$11.2MraisedMar 2022 · 25 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ilsu ParkExecutive Officer, Director, Promoter
  • Gyuri ImExecutive Officer, Director, Promoter
Offering amount
$13.1M
Amount sold
$11.2M
First sale
Mar 2022
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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