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Venture capital (VC) firm UTC Investment has chosen semiconductor fabless startup Pebble Square as its new investment target.

According to the VC industry on the 10th, UTC Investment recently participated in Pebble Square's 10 billion won pre-A round investment fundraising, investing 2 billion won.

Pebble Square is a semiconductor fabless startup established in 2021, developing so-called "neuromorphic" artificial intelligence (AI) chips that mimic the workings of the human brain.

Pebble Square's neuromorphic semiconductor is characterized by a structure that merges data computation, communication, and storage, enabling ultra-low power AI processing without the need for data movement.

Director General Lee Gil-hoon of UTC Investment noted, "Pebble Square's neuromorphic semiconductor is expected to be a game changer that leads AI technology development and contributes to solving carbon emission issues."