Okestro Co.,Ltd. announced that it has raised KRW 130 billion in a round of funding led by new investor STIC Investments, Inc. on December 4, 2023. The transaction also included participation from returning investor IMM Investment, Corp., The Korea Development Bank, and Industrial Bank of Korea. STIC Investments, Inc. invested KRW 100 billion in the transaction.

The transaction was raised at post money valuation of KRW 630 billion.