Fatagoraa startup tackling the reliability crisis of generative AI, has closed a strategic investment round of Gyeonggi Center for Creative Economy and Innovation (Gyeonggi CCEI), Asia2G CapitalAnd Plug and play through a club agreement. Although the company did not disclose the investment amount, it also landed a place in the prestigious award from the Ministry of SMEs and Startups. Overall ADVICE program.
The company is developing technology to solve one of AI’s biggest problems: hallucination, when AI systems confidently present false information as fact. Fatagora’s solution verifies whether the AI-generated answers are actually true and still accurate today. The startup has already proven its technology works through pilot projects with major Korean law firms and international financial institutions. It is now expanding to North America and Europe, targeting sectors such as legal, finance and ESG, where factual accuracy is not optional.
The three co-investors share responsibilities for accelerating Fatagora’s journey towards unicorn status. Gyeonggi CCEI unlocks government funding and infrastructure through its Global TIPS recommendation, while Asia2G Capital and Plug and Play open doors in North America, connecting the startup with local partners and lining up follow-on investment opportunities.
Wonkyung Kim, CEO of Gyeonggi CCEI, called Fatagora “a perfect example of what we are trying to achieve: spotting promising startups through co-investment with global partners and connecting them directly to Global TIPS.” He added that as a global strategic hub, the center will provide end-to-end support “from investment to government funding to foreign networks, helping Korean startups compete on the global stage.”
Wooyeol Baek, CEO of Fatagora, said the investment and selection of Global TIPS will help the company expand its pilot projects with North American companies. “We are launching our product in 2026 and we need to create real-world use cases quickly,” Baek explained. “The goal isn’t just to build the technology, it’s to become the AI infrastructure that businesses actually rely on when trust matters most.”