As the era of generative AI enters full swing, competition to secure computing resources for AI model training and inference is intensifying. In line with this, “AI Virtual Data Center (VDC)” platforms, which flexibly lease AI-optimized infrastructure on the cloud and manage it automatically, are emerging as an alternative to reduce massive initial build-out costs and infrastructure management burdens. Against this market backdrop, AI VDC platform company Atad announced on the 30th that it has successfully closed a KRW 10.5 billion (approximately USD 7 million) Series A funding round.
This round was led by A Ventures, with participation from Evergreen Investment Partners, BNK Venture Investment, and Taurus Partners. Despite the recent weakening of investor sentiment toward startups, the round closed oversubscribed above the initial target amount, demonstrating the market’s interest in improving AI infrastructure efficiency.
Atad operates an AI VDC platform that combines cloud resource leasing with operational automation. The company explained that, moving away from a simple infrastructure resale model, it has secured profitability and global scalability through a business structure that recognizes net revenue centered on value-added generated by optimizing resources with its own technology.
Lee Hyo-jin, Executive Director at Evergreen Investment Partners, said, “The more investment conditions tighten, the more a company’s intrinsic self-sustainability and revenue model become key indicators,” adding, “We decided to invest in Atad in recognition of the efficiency of its business model and its global growth potential.”
Atad plans to use the proceeds from this investment to advance its platform technology, strengthen its global cloud infrastructure operation capabilities, and accelerate full-scale entry into overseas markets and the acquisition of new clients.
Choi Yong-seok
AI-translated with ChatGPT. Provided as is; original Korean text prevails.
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