TraceWeave
Seoul-based provider of an on-device AI platform that runs agents on memory-limited devices.
- Industry
- on-device AI
- Location
- Seoul, South Korea
- Founded
- 2025
About
TraceWeave builds an on-device AI platform. The NAVER D2SF release says the company develops Phase-TITAN, a model architecture meant to keep memory use steady while an agent runs on a device. Jaeyoung Park is co-founder and CEO. The release says the company was co-founded in October 2025. This page stores 2025.
The release is datelined Seoul, South Korea, and says the company is based at NAVER D2SF @Gangnam. FinSMEs calls TraceWeave Seoul-based. The Raise Track Update says Seoul, South Korea. This page stores Seoul, South Korea. Gangnam is the site named in the release, not a second city.
The seed round was led by Mirae Asset Capital, with NAVER D2SF participating. FinSMEs and the Raise Track Update add the phrase and others. Those unnamed participants have no pages. The release says TraceWeave raised approximately KRW 3 billion at a pre-money valuation of approximately KRW 30 billion. FinSMEs and the issue state $2.1 million (KRW 3 billion) and a pre-money valuation of approximately $21.1 million (KRW 30 billion). The release's figures are approximate and are in won. The dollar figures are that conversion. No amount is stored.
The PR Newswire line is Oct 20, 2026, 20:00 ET, which is 00:00 UTC on 2026-10-21. FinSMEs is dated October 21, 2026. This page uses 2026-10-21.
Funding history
| Round | Date | Amount | Lead |
|---|---|---|---|
| Seed 2026 | 2026-10-21 | Mirae Asset Capital |
Investors
- Mirae Asset Capital lead
- NAVER D2SF participant
Sources
Last verified:
- https://www.prnewswire.com/news-releases/naver-d2sf-invests-in-on-device-ai-startup-traceweave-302913752.html
Type: funding announcement. Accessed 2026-10-21.
PR Newswire release from NAVER D2SF, Oct 20, 2026, 20:00 ET, which is 2026-10-21 00:00 UTC. Datelined Seoul, South Korea. Says TraceWeave, an on-device AI startup led by co-founder and CEO Jaeyoung Park, raised approximately KRW 3 billion in a seed round led by Mirae Asset Capital, at a pre-money valuation of approximately KRW 30 billion. Says the company was co-founded in October 2025 and is based at NAVER D2SF @Gangnam. Does not state a US dollar amount. The approximate won figures are not stored as amount_usd. - https://www.finsmes.com/2026/10/traceweave-raises-2-1m-in-seed-funding.html
Type: reputable publication. Accessed 2026-10-21.
FinSMEs, October 21, 2026. Says a Seoul, South Korea-based TraceWeave raised $2.1 million (KRW 3 billion) in seed funding at a pre-money valuation of approximately $21.1 million (KRW 30 billion). Says Mirae Asset Capital led, with NAVER D2SF and others. The dollar figures are a conversion of the approximate won amounts in the release, so they are not stored. - https://buttondown.com/raisetrack/archive/raise-track-update-2026-10-21/
Type: other verified public source. Accessed 2026-10-21.
Raise Track Update for 2026-10-21, Section 1. Calls TraceWeave a Seoul, South Korea-based provider of an on-device AI platform. Amount line is $2.1M (Seed). The description says $2.1 million (KRW 3 billion) and a pre-money valuation of approximately $21.1 million (KRW 30 billion). Mirae Asset Capital led, with NAVER D2SF and others.