Fundraising Fox

Perseus Co., Ltd

Seoul, KR Β· 2 known investors

Perseus (Cyber Perseus) develops hypervisor-based security and performance solutions for connected and software-defined vehicles, targeting automotive brands. Its technology addresses in-vehicle system security, hacking threats to connected services and data transmission, and Linux boot-speed performance for future connected cars.

Also known as Cyber Perseus Β· Perseus Β· 페λ₯΄μ„Έμš°μŠ€

Founders & leadership

SS
Sangbum SuhFounder

Investors Β· 2

Company profile

researched Aug 2026

Perseus Co., Ltd (Cyber Perseus) is a Seoul-headquartered automotive software company that builds hypervisor technology, hypervisor-based security and boot-performance software for connected cars and software-defined vehicles (SDV). Its stated product portfolio comprises PEGASUS, an embedded hypervisor that allows Linux, RTOS, AUTOSAR and Android platforms to run concurrently on a single hardware target; AEGIS, a security-hardened version of PEGASUS providing OS-level protection; TACHYON, a Linux fast-boot solution that reduces boot times of 20-30 seconds to under about two seconds; GAIA, an in-house bootloader supporting a range of MCUs; and AEGIS-LET, a lightweight secure RTOS kernel designed for the secure domain in ARM TrustZone.

The company frames its work around three challenges it identifies in connected vehicles: rising electronic complexity (up to 120 SoCs per vehicle, with more expected in autonomous vehicles), growing hacking exposure of connected services and in-vehicle data transmission, and Linux boot latency of up to 15 seconds that it describes as a performance and safety issue. It states that its hypervisor cuts SoC semiconductor requirements for in-vehicle electronic systems by an average of up to 75%, and that its Linux fast-boot technology shortens boot time from 15 seconds to 2 seconds, including for Linux-powered rear-view cameras. A third-party business directory listing describes Perseus in similar terms and associates it with the Xen ARM open-source community project dating from 2007.

Business model

Perseus supplies embedded hypervisor, security and boot software components to automotive brands and their electronics supply chain, positioning its products for integration on vehicle SoCs and MCUs. It works through semiconductor partner programs, holding NXP Gold Tier and Renesas PREFERRED status and partnerships with ARM, SOAFEE and Infineon, and is listed in NXP's partner marketplace.

Traction

Perseus reports cumulative investment of USD 12 million, partner status with NXP (Gold Tier), Renesas (PREFERRED), ARM, SOAFEE and Infineon, selection into open-innovation programs run by Hyundai-Kia, Samsung Electronics and LG Innotek, Samsung C-Lab Outside (2020) and Hyundai ZER01NE (2023), and an Infineon Asia-Pacific mobility award in 2024.

Latest developments

The most recent milestone published by the company is a 2024 Infineon Technologies Asia-Pacific mobility award, alongside its current partner tiers with NXP, Renesas, ARM, SOAFEE and Infineon and a stated cumulative investment total of USD 12 million.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history

Market position

Perseus positions itself as a specialist in hypervisor-based vehicle security and in-vehicle connected system performance with more than a decade of experience in the field, and cites recognition from semiconductor and automotive partners including Infineon's 2024 Asia-Pacific mobility award and NXP Gold Tier / Renesas PREFERRED partner status.

Perseus links its offering to long-running Xen ARM hypervisor development dating to 2003-2012 and to its role as a founder of the Xen ARM open-source community project (since 2007), and claims quantified benefits: up to ~75% reduction in SoC hardware and software requirements and Linux boot time reduced from 15 seconds to about 2 seconds.

Technology

The core technology is an embedded hypervisor (PEGASUS) enabling multiple software platforms β€” Linux, RTOS, AUTOSAR and Android β€” to run simultaneously on one hardware platform, with a security-enhanced variant (AEGIS) adding OS-level protection for applications consolidated on a single SoC. Complementary components include TACHYON for Linux fast boot (sub-2-second function availability versus 20-30 seconds), GAIA, an internally developed bootloader supporting various MCUs, and AEGIS-LET, a lightweight secure RTOS kernel for ARM TrustZone secure domains. The company traces its technical lineage to Xen ARM work, citing Xen 1.0 distribution in 2003, successive Xen ARM releases from 2007 through 2012 adding paravirtualized Linux kernel support, ARM11MPCore and Cortex-A15 MPCore support, and an ACM MobiCom paper on system security in 2009.

Go-to-market

The company markets through semiconductor and industry ecosystem partnerships (NXP, Renesas, ARM, Infineon, SOAFEE), corporate open-innovation and accelerator programs run by Hyundai-Kia, Samsung Electronics and LG Innotek, Samsung C-Lab Outside and Hyundai ZER01NE, standards participation in the GENIVI/COVESA automotive hypervisor API standardization project, and trade-show presence at CES 2020 and CES 2021.

Automotive OEMs and brands building connected cars and software-defined vehicles, and suppliers of in-vehicle electronic systems such as rear-view camera modules.

Geography

Korea-centred with international offices: headquarters in Siheung (Gyeonggi Province), a Samsung-area office and a Seocho development lab in Seoul, a software R&D centre in Daegu, a software centre in Ho Chi Minh City, Vietnam, and a branch in Munich, Germany. A directory listing gives a Seoul address in Samseong-dong, Gangnam-gu.

History

The company's published timeline begins with Xen-related engineering milestones: Xen 1.0 distribution in 2003, the first and second Xen ARM releases in 2007 (ARM9 Xen hypervisor and Mini-OS; paravirtualized Linux kernel v2.6.24 and Xen tools), the third Xen ARM release with ARM11MPCore support plus an ACM MobiCom paper in 2009, and a sixth Xen ARM release with Cortex-A15 MPCore support in 2012. Perseus was founded in 2016. In 2018 it led the GENIVI (now COVESA) automotive hypervisor API standardization project and became a Renesas partner. In 2019 it was invited to the U.S. White House-hosted Global Entrepreneurship Summit (GES 2019) and was selected for corporate open-innovation programs; in 2020 it was selected for Samsung C-Lab Outside; and in 2023 it was selected for Hyundai ZER01NE. In 2024 it received an Infineon Technologies Asia-Pacific mobility award.

Compiled by commissioned research from 5 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Cumulative investment raisedJan 2024$12M
Linux boot time with TACHYONJan 20242 seconds
SoC requirement reduction from hypervisorJan 202475%

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 10

launches, deals, and filings
Jan 2024
Infineon Technologies Asia-Pacific mobility award

source β†—

Jan 2024
Semiconductor partner status: NXP Gold Tier, Renesas PREFERRED, ARM, SOAFEE, Infineon

Company lists partner tiers with NXP (Gold Tier), Renesas (PREFERRED), ARM, SOAFEE and Infineon; Perseus Co., Ltd also appears in NXP's partner marketplace profile listing.

source β†—

Jan 2023
Selected for Hyundai ZER01NE

source β†—

Jan 2021
Exhibited at CES 2021

Listed as an exhibitor at US CES 2021 in a business directory exhibition history.

source β†—

Jan 2020
Exhibited at CES 2020

Listed as an exhibitor at US CES 2020 in a business directory exhibition history.

source β†—

Jan 2020
Selected for Samsung C-Lab Outside

source β†—

Jan 2019
Invited to Global Entrepreneurship Summit (GES 2019) hosted by the U.S. White House

source β†—

Jan 2019
Selected for open innovation programs of Hyundai-Kia, Samsung Electronics and LG Innotek

source β†—

Jan 2018
Group leader of GENIVI (now COVESA) automotive hypervisor API standardization project; Renesas partner

Perseus took a group leader role in the GENIVI (now COVESA) automotive hypervisor API standardization project and became a Renesas partner.

source β†—

Jan 2016
Perseus founded

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 5

primary sources listed

5 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Perseus Co., Ltd do?
Korean developer of hypervisor, hypervisor-based security and Linux fast-boot software for connected and software-defined vehicles.
Who founded Perseus Co., Ltd?
Perseus Co., Ltd was founded by Sangbum Suh.
Who are Perseus Co., Ltd's investors?
Perseus Co., Ltd's investors include Kakao Ventures, Kiwoom Investment.
Where is Perseus Co., Ltd headquartered?
Perseus Co., Ltd is headquartered in Seoul, KR.