[StartupN] FestivalOn, Receives TI-3 Technology Credit Rating... Recognized as an Excellent Technology Company

Festival On, Wi-Fi-based spatial information collection and analysis AI technology recognized for its technological prowess and growth potential

Advanced Safe Care Package for SA Solution utilizing Wi-Fi sensing AI technology, foreshadowing entry into the global market

FestivalOn, Technology Credit Rating TI-3 Grade... Recognized as Excellent Technology Company

FestivalOn (CEO Kim Jae-han) announced that it has been recognized as an excellent technology company by receiving the top 3 level ‘TI-3’ certification in the investment technology credit rating (TCB) conducted by NICE D&B for full-scale investment attraction.

With this certification for FestivalOn’s core technology, Wi-Fi-based spatial information collection and analysis AI technology, its management capabilities, intellectual property rights status, R&D investment, and technology development capabilities were highly evaluated, officially acknowledging its excellent IT technology competitiveness and business growth potential.

TCB is a report that grades a company’s growth potential (TI grade) and includes evaluation opinions, and is used by banks, venture capitalists, angel investors, etc. to discover excellent technology companies as targets for technology finance investment.

Recently, FestivalOn secured competitiveness by acquiring intellectual property rights such as related applications (40 cases) and registrations (23 cases) by utilizing its own personnel and infrastructure, securing the original Wi-Fi CSI technology, and has begun attracting its first investment.

FestivalOn CEO Kim Jae-han said, “We are prioritizing growing into a digital twin solution company by utilizing AI-based spatial information analysis and spatial big data,” and added, “We are working hard to commercialize Smart leaflet for SA Solution and Safe Care Package for SA Solution using technology. We will create a global service that solves various social problems through safety care solutions based on non-identifiable data.”

FestivalOn Co., Ltd. (www.festivalon.net) was established in May 2022 and is growing into a digital twin IP powerhouse with the corporate philosophy of “creating value by smartly connecting space and culture centered on people to make the world safe as one.”

Source: StartupN (https://www.startupn.kr)

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