Fundraising Fox

Rideflux

Founded 2018 Β· 64 employees on LinkedIn Β· 9 known investors

RideFlux develops autonomous driving technology aimed at making mobility safer and more accessible. The company builds self-driving systems to address transportation and road safety problems.

Also known as RideFlux Inc. Β· λΌμ΄λ“œν”ŒλŸ­μŠ€ Β· μ£Όμ‹νšŒμ‚¬ λΌμ΄λ“œν”ŒλŸ­μŠ€

Founders & leadership

JP
Junghee ParkCEO
HJ
Hawook JeongCOO
HY
Ho YoonCTO

Investors Β· 9

Also in the syndicate Β· 8

Atinum InvestmentFriend Investment PartnersiM Investment PartnersIndustrial Bank of Korea (IBK)Korea Investment & SecuritiesKorea Investment PartnersMurex PartnersNVestor

Company profile

researched Aug 2026

RideFlux is a South Korean autonomous driving software company founded in 2018 and headquartered in Jeju, with an additional office in Seoul's Yeongdeungpo district. It develops a full stack of the technologies required for Level 4 unmanned autonomous driving, including perception, localization, prediction, planning, control, mapping and remote operation, and applies them across robotaxis, robotrucks, and buses and shuttles.

The company markets its system as the "RideFlux Driver" autonomous AI driver, emphasizing 360-degree continuous detection without blind spots, multi-sensor operation at night and in adverse weather, consistent vehicle condition, and large-scale driving learning from fleet operations. Its stated focus is software rather than hardware manufacturing, with commercialization pursued through partnerships with mobility service, vehicle manufacturing and logistics companies.

RideFlux has operated public-road autonomous services in Korea since 2020, including the NEMO Ride autonomous ride-hailing service on Jeju Island with Kakao Mobility and a self-driving mini-bus route covering a 116-kilometer round trip on the island. It is also developing a 25-ton autonomous truck and has stated plans to expand to other Korean cities such as Seoul and Busan and into freight transport.

Compiled by commissioned research from 7 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Annual revenueJan 2025$4B
Autonomous mini-bus route lengthOct 2024116 km round trip
Cumulative capital raisedAug 2026$60M
HeadcountAug 202664
Net lossJan 2025$31.4B
Operating lossJan 2025$11.9B
Planned IPO offering volumeAug 20265,000,000 shares
Planned listed sharesAug 202626,370,931 shares

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

Timeline Β· 6

launches, deals, and filings
Aug 2026
Filed for KOSDAQ listing preliminary review

RideFlux applied for a preliminary review for a KOSDAQ listing via the technology special listing track, with Woori Investment & Securities and Korea Investment & Securities as lead underwriters; the company aims to list within the year.

source β†—

Oct 2024
Series B round of KRW 26 billion led by Atinum Investment

RideFlux announced completion of a Series B round raising KRW 26 billion, led by existing investor Atinum Investment, with proceeds directed to hiring software developers and advancing its autonomous driving technology.

$1.9M source β†—

Jun 2024
First in Korea to operate a driverless car at normal speed on public roads

Under a temporary permit, a RideFlux-equipped SUV was allowed to operate driverless on a 3.2-km circular road section in the Sangam-dong autonomous test-driving area in western Seoul at up to 50 km/h.

source β†—

Mar 2024
NEMO Ride autonomous ride-hailing service with Kakao Mobility

RideFlux partnered with Kakao Mobility to operate the NEMO Ride autonomous car-hailing service on Jeju Island.

source β†—

Dec 2023
Passed tests in Hwaseong autonomous driving pilot zone

An SUV powered by RideFlux self-driving technology passed performance and safety tests in Korea's largest autonomous driving pilot zone in Hwaseong, Gyeonggi Province.

source β†—

Sep 2020
Atinum Investment acquires KRW 3 billion of redeemable convertible preferred shares

Atinum Investment made its first investment in RideFlux in September 2020, acquiring about $2 million (KRW 3 billion) of newly issued redeemable convertible preferred shares via the Atinum Growth Investment Fund 2018.

$2M source β†—

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

β–ΈResearch sources Β· 7

primary sources listed

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

Frequently asked questions

What does Rideflux do?
RideFlux is a South Korean developer of full-stack Level 4 autonomous driving software for robotaxis, shuttles and trucks.
Who are Rideflux's investors?
Rideflux's investors include Atinum Investment Co. Ltd..