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Busan construction asset management company that uses an IoT platform to monitor cranes, workers and materials on site.
Founded in 2016 and based in Busan, South Korea, MUSMA operates the IoT-based M-CAS platform, which tracks crane and heavy equipment movement to prevent collisions, locates on-site workers and monitors raw material inventory. In April 2023 the company raised venture funding from new investors Shinhan Venture Investment and QUAD Ventures, with financial terms not disclosed. Shin Seong-il is CEO as of 2023, and the funding will expand its automation and safety solutions into logistics and manufacturing.
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