Korea Investment Partners has led a USD 10mn Series A funding round for Redrob, an AI research startup. The funding will expand the platform globally, accelerate U.S. enterprise sales and continue to offer free access for students in emerging markets.

Redrob offers enterprise-grade AI capabilities at a fraction of the cost for emerging markets and conscious enterprises, given that the cost of ChatGPT Pro is priced at USD 200 a month and is out of the reach for most of the global population.

Other investors in the startup are KB Investment, Kiwoom Investment, Korea Development Bank Capital, Daekyo Investment and DS & Partners.

This round brings its total investment to USD 14mn following a USD 4mn seed round in 2023.