STRADVISION Files for KOSDAQ IPO, Targets Offering of 7 Million Shares
- Indicative Price Range Set at KRW 12,400–14,800 per Share
SEOUL, South Korea, April 9, 2026 /PRNewswire/ -- STRADVISION, a global provider of AI-based vision perception software for the automotive industry, announced today that it has filed a registration statement with Korea's Financial Services Commission (FSC) for its planned initial public offering (IPO) on the KOSDAQ market.
The company intends to offer 7 million shares at an indicative price range of KRW 12,400 to KRW 14,800 per share, implying a total offering size of approximately KRW 86.8 billion to KRW 103.6 billion. STRADVISION previously received preliminary approval from the Korea Exchange (KRX) on April 2 and will proceed with institutional book-building followed by a public offering ahead of its KOSDAQ listing. KB Securities will serve as the lead underwriter.
STRADVISION develops AI-based vision perception software for automotive applications. Its flagship solution, SVNet, has been adopted in mass production programs with global automotive OEMs, supporting the company's expanding footprint in the global mobility market.
SVNet is a camera-based perception solution that processes visual data in real time to accurately detect and recognize road objects, including pedestrians, vehicles, and lane markings. It serves as a core enabling technology for advanced driver assistance systems (ADAS) and autonomous driving. Built on a lightweight architecture, SVNet delivers reliable performance even in resource-constrained environments while maintaining compatibility across a broad range of hardware platforms.
In addition, STRADVISION has developed its proprietary integrated data pipeline, SVDataFlow, which automates key data processing tasks such as auto-labeling. This enables faster model development cycles while enhancing data-driven performance improvements and responsiveness to customer deployment requirements.
Leveraging technology designed to meet global vehicle safety assessment frameworks such as EURONCAP and regulatory requirements, including FMVSS, STRADVISION's solutions have been deployed across multiple OEM production programs. The company's software is compatible with more than 30 hardware platforms, further expanding its addressable market.
STRADVISION has surpassed 5 million cumulative vehicle deployments worldwide through its partnerships with global OEMs and has secured more than 1,000 patents globally, reinforcing its core Vision AI capabilities and technological barriers to entry.
The company has demonstrated strong growth, achieving a compound annual revenue growth rate (CAGR) of approximately 60% from 2023 to 2025. As adoption of Level 2 and higher ADAS features continues to accelerate, demand for STRADVISION's solutions is expected to grow in tandem with broader market expansion.
"Through mass production programs with global OEMs, we have validated our technology and built a solid foundation for sustainable growth, supported by our strong R&D capabilities and talent," said Junhwan Kim, CEO of STRADVISION.
"We aim to expand beyond Level 2 ADAS into Level 3 and Level 4 autonomous driving through continuous advancements in Vision AI and multi-vision technologies. In addition, we plan to extend our business beyond automotive into new domains including smart infrastructure, special-purpose vehicles, and robotics," he added.
About STRADVISION
Founded in 2014, STRADVISION is an automotive industry pioneer in artificial intelligence-based vision perception technology for vehicles. The company is accelerating the advent of fully autonomous vehicles by making Autonomous Driving and ADAS features available at a fraction of the market cost compared with competitors. STRADVISION's SVNet is being deployed on various vehicle models in partnership with OEMs; can power ADAS and autonomous vehicles worldwide; and is serviced by over 300 employees in Seoul, San Jose, Detroit, Tokyo, Shanghai, and Dusseldorf. STRADVISION has been honored with Frost & Sullivan's 2022 Global Technology Innovation Leadership Award, the Gold Award at the 2022 and 2021 AutoSens Awards for Best-in-Class Software for Perception Systems, the 2020 Autonomous Vehicle Technology ACES Award in Autonomy (software category), and 2025 Top SME Innovator by CLEPA for Breakthrough AI 3D Perception Network Technology. In addition, STRADVISION and its software have achieved TISAX's AL3 standard for information security management, as well as being certified to the ISO 9001:2015 for Quality Management Systems and ISO 26262 for Automotive Functional Safety.
SOURCE StradVision
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