The Pict, a spatial AI and digital twin company based in Chuncheon, has joined South Korea's Deep Tech TIPS program. Operator Douzone Bizon will oversee the project. The startup will receive up to 1.5 billion won over three years.
Program background
The Deep Tech TIPS track is a follow-up R&D program for companies that have completed the general track. Businesses must show growth and attract additional investment to qualify. The Pict completed an earlier TIPS project after receiving investment from Douzone Bizon in 2021.
Company track record
The Pict was founded in Chuncheon in 2017. It has validated its technology at more than 10 customer sites, including Korea Railroad Corporation high-speed rail bridges and WTC Seoul. As of 2026, the company reports annual revenue of 6 billion won and has about 50 employees.
How ZAEZAE works
The company will develop a spatial AI operating system called ZAEZAE. It builds digital twins from drone, robot, CCTV, and lidar data and structures that information as a knowledge graph. The system works on closed networks using domestic AI models.
The Pict aims to cut new site deployment time from 24 weeks to 4 weeks. It plans to add more hires early next year. The company has also built a 400-pyeong headquarters near Palho Square in Chuncheon.