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Elice Group

Category: AI Infrastructure

A full-stack AI infrastructure company providing an integrated ecosystem that spans from high-performance GPU cloud services and modular data centers to an AI-powered learning experience platform. Elice Group was founded in 2015. The company is led by Kim Jae-won. Based in Seoul, South Korea. Team size: 120-150. Total funding raised: $25.0M+. Latest round: Strategic Investment (Apr 2026). Key investors include ["Altos Ventures","Vertex Growth (Temasek)","Samsung Venture Investment","LB Investment","Dongkuk Holdings","GS Ventures"].

Founded
2015
Headquarters
Seoul, South Korea
Team size
120-150
Total funding
$25.0M+

Value proposition

Offers a seamless vertical integration of AI infrastructure, lowering the barrier to AI adoption through cost-efficient GPU cloud, energy-efficient modular data centers, and advanced AI training platforms.

Products and solutions

["Elice LXP (Learning Experience Platform): AI-driven education platform with automated grading and virtual practice environments.","Elice Cloud: High-performance GPU/NPU cloud infrastructure supporting NVIDIA B200 clusters and GPU virtualization (ECI).","AI PMDC (Portable Modular Data Center): Energy-efficient, liquid-cooled, mobile data center solution for rapid AI deployment.","Elice Library: Specialized content and curriculum for digital transformation (DX) and AI workforce development."]

Unique value

Distinguished by its 'Full-Stack AI' approach, controlling the entire value chain from the physical data center (PMDC) and cloud virtualization to the end-user application layer (LXP).

Target customer

Enterprises (Samsung, Hyundai, LG, SKT, LG CNS), government agencies, educational institutions, AI developers, and research organizations requiring high-performance computing.

Industries served

["Information Technology & Cloud","Education & EdTech","Manufacturing & Industrial (via Dongkuk partnership)","Public Sector & Defense","Corporate HRD/Training"]

Technology advantage

Proprietary modular data center technology (PMDC) allows for high-density power efficiency and rapid scaling with liquid cooling. Advanced GPU virtualization (ECI) technology optimizes resource allocation, while AI-based automated assessment engines provide real-time feedback for thousands of concurrent users.

How they differentiate

Provides a 'Full-Stack AI' ecosystem that vertically integrates hardware (Portable Modular Data Centers), cloud virtualization (ECI), and an AI-powered Learning Experience Platform (LXP). Unlike content-focused EdTech rivals, Elice controls the underlying GPU infrastructure and proprietary assessment engines.

Main competitors

["Day1Company (Fast Campus)","LG CNS","Moreh"]

Key partnerships

["Strategic Investors: Dongkuk Holdings, GS Ventures, Samsung Venture Investment, Altos Ventures","Technology & Security: Dell Technologies (Infrastructure), AhnLab (Security/DDoS), NVIDIA (B200 deployment)","Industry: SK Telecom, LG CNS (Modular Data Center collaboration), KAIST (Academic research)"]

Notable customers

["Samsung","Hyundai","LG","SK Group","Ministry of Education (South Korea)","Ministry of National Defense"]

Major milestones

["Series C funding led by Vertex Growth in Jan 2024","Named in TIME Magazine's 'World's Best EdTech Companies' in 2025","CEO Kim Jae-won elected as the 5th Chairman of the Korea Startup Forum in Feb 2026","Secured strategic AI infrastructure investment from Dongkuk and GS in Apr 2026"]

Growth metrics

Maintained an average annual growth rate of 112%; reached 35.1 billion KRW (~$26M USD) in revenue in 2024.

Market positioning

Full-stack AI infrastructure and Digital Transformation (DX) leader

Geographic focus

South Korea, Singapore (APAC), and North America

Patents and IP

Holds proprietary technology and intellectual property related to modular data center architecture, liquid cooling systems for AI clusters, and AI-driven educational assessment algorithms.

About Kim Jae-won

Kim Jae-won co-founded Elice Group in 2015. He possesses a strong background in both industry and academia, having worked as a Developer Analyst at TELUS (Canada) for three years and completed technical internships at NVIDIA and AMD in the United States. His experience as a Teaching Assistant at KAIST, managing large-scale coding assignments, led to the development of the Elice platform. In February 2026, he was elected as the 5th Chairman of the Korea Startup Forum.

Official website: