Upstage Co., Ltd. announced that will receive in a round of funding on April 15, 2026.

On the same date, the company has received KRW 180 billion in first tranche led by new investor, Sage Partners . The transaction included participation from new investors, KB Securities Co., Ltd., Axiom Asia Private Capital Pte. Ltd., Hyundai Motor Company, Kia Corporation, Woori Venture Partners Co., Ltd, returning investors, Premier Partners, LLC, Mirae Asset Venture Investment Co., Ltd., Shinhan Venture Investment Co, Ltd., InterVest, Industrial Bank of Korea. The company has issued convertible preferred shares in the transaction. The transaction is being raised at a post money valuation of KRW 1,000 billion.