Korea × Africa · Automotive Trade Infrastructure

Trusted infrastructure
for cross-border
automotive trade

Verna Technologies connects verified automotive suppliers in Asia with buyers, dealers, and workshops across emerging markets through AI-powered vehicle intelligence, verified parts sourcing, structured transactions, and logistics coordination.

Explore Our Solutions ↗ Partner With Verna
100+
Trades Validated
15
ECOWAS Target Markets
3
Core Platforms
6
Stage Trade Pipeline
Verna Trade State Machine
LIVE
REF: VT-2026-KR-GH-0094

1
Listing
Vehicle verified · MOLIT VIN confirmed
✓ Done
2
Verified
Inspection report confirmed · specs locked
✓ Done
3
Insured
K-SURE export credit · escrow initiated
● Active
4
Shipped
Bill of lading · freight tracking active
Pending
5
Cleared
Customs docs · ICUMS duty estimate
Pending
6
Delivered
Physical confirmation · escrow released
Pending
Escrow held via regulated provider
$24,500 USD
Backed By
🏆 Grand Prize · 2025 Ulsan Startup Festival
🟢 NVIDIA Inception Program Member
🏦 Seoul Fintech Lab × XRPL Korea · Final 12
🤝 MOU · REVAAS — 7,000 Senegalese Auto Professionals
🇰🇷 200+ Korean Suppliers Onboarded & Growing
🌍 K-Senegal AI Summit · Selected by KOICA
🚗 Mercedes-Benz Konnectz · Program Partner
Who We Are

Built in Korea. Built for global automotive trade.

Verna Technologies is a South Korea-based technology company building trusted digital infrastructure for automotive trade between advanced supply markets and emerging economies. Founded in Ulsan — the heart of Korea's automotive industry — our team combines engineering, AI, and direct market experience to solve the real operational friction in cross-border vehicle and parts commerce.

Our founding insight: over 100 Korea-Ghana vehicle trades were manually executed before Verna's platforms existed. That experience exposed every friction point unverified suppliers, fragmented documentation, opaque landed costs, and trust built entirely on personal relationships. Verna converts those informal trust dependencies into structured, traceable, technology-backed workflows.

Today, Verna's infrastructure connects verified automotive supply in Korea and global markets with buyers, dealers, workshops, and logistics networks across Africa's ECOWAS corridor — starting with Ghana's Tema Port as the primary market entry point.

🏭

Ulsan Headquarters

Incorporated June 2024 in Ulsan, Korea, adjacent to Hyundai Motor Group's global production anchor and a natural hub for Asia-Africa automotive logistics.

🔬

UNIST Contract

Signed contract with UNIST Industry-Academic Cooperation Foundation, linking Verna's AI development to Korea's leading science and technology university.

🤝

MOU with REVAAS — 7,000 Senegalese Professionals

Partnership with REVAAS, Senegal's national association of ~7,000 automotive professionals, mechanics, electricians, and sheet metal workers, giving Verna direct access to West Africa's professional workshop demand base.

🌐

K-Senegal AI Startup Summit

Selected by KOICA as one of five Korean AI companies for the K-Senegal AI Summit in Dakar — establishing direct government-backed engagement in West Africa's automotive market.

🤖

NVIDIA Inception Member

Recognized by NVIDIA's startup program for AI infrastructure development validating Verna's computer vision and data intelligence stack.

▶
Watch Company Overview · 1 min
The Problem

Cross-border automotive trade still runs on blind trust

International buyers regularly deal with unverified suppliers, incomplete vehicle records, incorrect parts, uncertain customs costs, and fragmented shipping — each managed separately, with no single source of truth.

PROBLEM / 01
🔍

Unverified Information

Vehicle condition, accident history, specifications, and parts compatibility are difficult to confirm remotely. Buyers commit capital based on photos and personal assurances with no independent verification layer.

PROBLEM / 02
💸

Unprotected Transactions

Buyers transfer large sums before independently verifying whether the supplier, product, or shipment is legitimate. No structured milestone conditions. No conditional release. No recourse infrastructure.

PROBLEM / 03
⚙️

Fragmented Execution

Inspection, payment, export documentation, shipping, customs clearance, and delivery are managed separately across disconnected providers, creating data gaps, delays, and costly errors.

Verna transforms these disconnected steps into one structured, traceable transaction workflow from the first sourcing inquiry to confirmed delivery and beyond.

The Infrastructure

One trust layer across the entire automotive transaction

Verna doesn't just list vehicles or source parts. We orchestrate every critical stage of the cross-border transaction through a single, connected data and workflow layer.

VERNA TRADE STATE MACHINE · 6-STAGE PROTOCOL
📋
Listing
Verified inventory onboarded with MOLIT VIN confirmation
✅
Verified
Independent inspection, spec lock, and condition record
🛡️
Insured
K-SURE export credit coverage and escrow initiation
🚢
Shipped
Bill of lading issued, freight tracking active
🏛️
Cleared
ICUMS duty estimation, customs documentation coordinated
📦
Delivered
Physical event triggers escrow release to supplier
🧠

Automotive Intelligence

VIN decoding, specification verification, vehicle condition records, pricing signals, and market risk indicators drawn from MOLIT and cross-border trade data.

👁️

Computer Vision

CNN-based part detection, visual similarity matching, component classification, and damage recognition built on Azure AI Foundry. Human verification where AI confidence requires it.

⚖️

Transaction Orchestration

Milestone-based workflows, document validation, conditional payment instructions, role-based approvals, and dispute evidence records, structured, not informal.

🌐

Trade & Logistics Intelligence

Estimated landed-cost calculations, export documentation coordination, shipment tracking, and country-specific compliance logic for ECOWAS corridor markets.

Solutions

Two platforms. One infrastructure.

CarExpo and CarParts are the customer-facing gateways through which Verna's infrastructure is delivered to international traders, workshops, and supply chains.

CarExpo
B2B PLATFORM
CarExpo
Verified cross-border vehicle sourcing and transaction coordination.

CarExpo connects African buyers, importers, and dealers with verified vehicle supply from Korea and other global markets with inspection records, estimated landed costs, and structured export workflows built in from the start.

  • → Verified supplier and dealer onboarding
  • → MOLIT VIN decode and specification checks
  • → Independent inspection report coordination
  • → Estimated total landed cost calculation
  • → Milestone-based transaction tracking
  • → Export and shipping documentation support
Explore CarExpo →
CarParts
AI-POWERED PLATFORM
CarParts
Identify the right automotive part before placing the order.

CarParts helps workshops, distributors, and vehicle owners identify, verify, and source compatible automotive components from global suppliers reducing procurement errors through AI visual recognition and VIN-assisted compatibility matching.

  • → Image-based part recognition (CNN model)
  • → VIN-assisted compatibility verification
  • → OEM and aftermarket alternative matching
  • → Global supplier matching and comparison
  • → Consolidated cross-border shipping
  • → Procurement history and repeat ordering
Explore CarParts →
Technology

Technology that turns automotive claims into verifiable data

Every component of Verna's stack is designed to reduce information asymmetry, procurement errors, and transaction risk across international automotive trade.

🔍

Vehicle Data Intelligence

AZURE AI FOUNDRY · MOLIT API

Cross-referencing MOLIT VIN registries with inspection data, specification records, and cross-border pricing signals to build a verifiable data layer around every vehicle listing.

  • VIN decoding and specification verification
  • Inspection and condition record aggregation
  • Cross-border price and risk signal analysis
  • Accident and maintenance history integration
📸

Computer Vision for Parts

CNN MODEL · AZURE AI FOUNDRY

Purpose-built CNN model for automotive part detection and classification trained to identify OEM and aftermarket components from uploaded images, reducing misidentification in cross-border procurement.

  • Image-based part detection and classification
  • Visual similarity matching across catalogues
  • Damage and defect recognition
  • Human escalation for low-confidence results
🔗

Transaction Orchestration

ESCROW · MILESTONE PROTOCOL · V-PAY

Structured, milestone-based transaction workflows using regulated third-party payment and escrow providers with XRPL-based settlement infrastructure in development as Verna's long-term V-Pay rail.

  • Conditional payment and milestone release logic
  • Role-based approvals and document validation
  • Dispute evidence records and audit trails
  • XRPL settlement infrastructure (in development)
📊

Landed Cost & Trade Compliance

ICUMS API · CUSTOMS ESTIMATION ENGINE

Destination-market landed cost estimation integrating ICUMS customs data with freight, insurance, and duty variables giving buyers a realistic total cost picture before committing to a transaction.

  • Estimated import duty and tax computation
  • Freight and insurance cost integration
  • Country-specific customs compliance logic
  • National Single-Window integration roadmap
How It Works

Two journeys. One connected infrastructure.

Whether you're sourcing a vehicle or identifying a spare part, Verna's infrastructure orchestrates every step so you're never operating on incomplete information.

CarExpo Vehicle Transaction

01

Submit a Requirement

Buyer submits a vehicle requirement or selects from verified listings.

02

Supplier & Vehicle Verification

Verna verifies the supplier credentials and cross-references vehicle data against MOLIT VIN records.

03

Inspection Coordination

An independent inspection is requested, reviewed, and attached to the transaction record.

04

Landed Cost Estimate

Buyer receives an estimated total cost including freight, customs duties, and insurance.

05

Structured Payment

Payment is processed through a milestone-based structure via regulated providers.

06

Shipping, Clearance & Delivery

Export documents are coordinated. Buyer tracks shipment. Escrow released on confirmed delivery.

CarParts Parts Procurement

01

Upload or Input Part Info

User uploads a part image, enters a VIN, or describes the vehicle and component needed.

02

AI Part Identification

CNN model proposes a likely part category or reference number, with confidence scoring.

03

Compatibility Verification

VIN-assisted compatibility check confirms whether the identified part fits the target vehicle.

04

Supplier Matching

Relevant OEM and aftermarket suppliers are presented with pricing and lead-time estimates.

05

Order & Consolidated Shipping

Order is placed and consolidated with other shipments for cost-efficient cross-border delivery.

06

Procurement Record Stored

Full procurement history is saved for future reordering, audit, and compliance purposes.

Recognition & Traction

Validated by programs, partners, and proven trades

Verna's commercial model isn't theoretical, it's grounded in 100+ manually executed Korea-Ghana trades that predated the platform, and validated by Korea's most selective startup programs.

🏆

2025 Ulsan Startup Festival — Grand Prize

Grand Prize winner in the foreign entrepreneur competition — the flagship recognition for Ulsan's international startup ecosystem.

AWARDED 2025
🟢

NVIDIA Inception Program

Accepted into NVIDIA's global AI startup program, providing access to compute resources, technical support, and enterprise AI ecosystem partnerships.

ACTIVE MEMBER
🏦

Seoul Fintech Lab × XRPL Korea — Final 12

Selected as one of 12 finalists for the Korea Fintech Innovation Program (KFIP) in partnership with Ripple / XRPL Korea — Final Pitch Day, June 25, Two IFC Seoul.

FINAL PITCH · JUNE 25
🌍

K-Senegal AI Startup Summit

Selected by KOICA as one of five Korean AI companies for the K-Senegal AI Summit in Dakar — a government-backed platform connecting Korean AI startups with West African stakeholders.

JUNE 2026 · DAKAR
🚗

Mercedes-Benz Konnectz Program

Selected for the Korean government's Global Corporate Collaboration Program in partnership with Mercedes-Benz Korea — advancing CarParts AI as the lead product for the PoC.

KONNECTZ · 2026
🤝

MOU: REVAAS — Senegal's National Auto Network

Formal MOU with REVAAS (Regroupement des Vrais Artisans de l'Automobile du Sénégal) — a national network of approximately 7,000 automotive professionals including mechanics, auto electricians, and sheet metal workers. Verna's direct gateway into West Africa's professional workshop ecosystem.

7,000 AUTO PROFESSIONALS · SENEGAL
🇰🇷

200+ Korean Automotive Suppliers

Over 200 verified Korean automotive suppliers onboarded onto Verna's platform and growing — establishing a robust, diverse supply-side inventory for cross-border parts and vehicle sourcing into African markets.

200+ SUPPLIERS · ACTIVE & GROWING
🔬

OASIS-3 Patent Development

Active OASIS-3 patent application covering Verna's core infrastructure: Destination-Market Landed Cost Estimation Engine, National Single-Window Integration, and Physical-Event-Triggered Escrow Release System.

PATENT IN PROGRESS
🎪

AfCFTA & Korea-Africa Foundation

Active application for the AfCFTA Secretariat & Korea-Africa Foundation Launch Startup Partnership Program 2026 — targeting continental trade infrastructure alignment.

APPLICATION 2026
100+
Pre-platform Korea-Ghana trades validated
200+
Korean suppliers onboarded & growing
7,000
Automotive professionals via REVAAS MOU (Senegal)
Partner With Verna

Build the Korea–Africa automotive corridor with us

Verna operates as an orchestration layer connecting specialized participants across the trade ecosystem. We work with automotive suppliers, logistics providers, financial institutions, and government partners.

🚗

For Korean Dealers & Exporters

Reach verified African buyers with structure, transparency, and reduced acquisition friction.

  • Access to qualified cross-border buyer pipeline
  • Structured purchase request coordination
  • Inspection and export documentation support
  • Full transaction visibility and record-keeping
Become a Vehicle Supply Partner →
🔧

For Parts Manufacturers & Distributors

Enter African markets through a structured channel with verified procurement demand.

  • Receive qualified international procurement requests
  • Improve compatibility accuracy through AI matching
  • Access consolidated cross-border shipping volume
  • Build traceable supplier reputation records
Become a Parts Supplier →
🚢

For Logistics & Inspection Partners

Receive qualified transaction volume with full documentation integration.

  • Qualified transaction volume through Verna's pipeline
  • Status and documentation workflow integration
  • Traceable service evidence on each transaction
  • Co-branded verification for buyers
Join the Service Network →
🏦

For Financial Institutions

Support conditional settlement, trade finance, and cross-border payment infrastructure for verified automotive transactions.

  • Milestone-based payment and escrow coordination
  • Cross-border FX and settlement infrastructure
  • Trade credit and insurance integration
  • Future trade-finance product collaboration
Discuss Financial Collaboration →
Leadership

Built by people who've lived both markets

The Verna founding team combines electrical engineering, AI development, automotive diagnostics experience, and direct Korea-Africa trade knowledge — built at the intersection of the two markets we serve.

👨🏽‍💼
CEO & Co-Founder
Ammishaddai Asafo Agyei
Double major in Electrical Engineering & Business Management from UNIST. Automotive diagnostics experience from Mercedes-Benz MBUSI. Executed 100+ Korea-Ghana vehicle trades predating Verna's platforms. Leads product, strategy, and international market development.
👩🏻‍💼
COO & Co-Founder
Grace Eunji Park
Leads operations, Korean market development, and government program partnerships. Coordinating Verna's institutional engagement strategy including accelerator programs and corporate partnership initiatives.
👩🏽‍💼
CFO & Co-Founder
Phebe Akosua Agyeiwaa
Leads financial operations, cross-border transaction framework, and Africa market commercial strategy. Oversees financial compliance, investor relations, and the structured payment and escrow architecture.
Market Opportunity

The Korea–Africa automotive corridor is underserved and rapidly growing

Africa's automotive market is one of the fastest-growing on earth — and Korean vehicles are already among the most trusted brands across the continent. The infrastructure to connect supply and demand reliably simply doesn't exist yet.

$80B+
Africa Automotive Market Size (Est. 2025)
Growing at ~7% CAGR across Sub-Saharan markets
15
ECOWAS Countries in Verna's Expansion Corridor
Target markets across West and East Africa
#1
Korean Vehicles in Ghana Market Share Segment
Tema Port is Verna's primary West Africa entry hub
$12B
Korea Vehicle Export Value (Annual)
Growing share destined for Sub-Saharan Africa
ECOWAS Expansion Roadmap
Phase-by-phase market entry via Tema Port gateway
PHASE 1
🇬🇭
Ghana — Primary Entry (Tema Port)
PHASE 1
🇸🇳
Senegal — K-Senegal Summit (KOICA)
PHASE 2
🇳🇬
Nigeria
PHASE 2
🇨🇮
Côte d'Ivoire
PHASE 3
🇰🇪
Kenya
PHASE 3
🇪🇹
Ethiopia
PHASE 4
🌍
ECOWAS-wide · 15 Countries
Get In Touch

Start a partnership discussion

We work with automotive suppliers, workshops, logistics providers, financial institutions, and public-sector partners to make international automotive commerce more transparent and reliable.

📧

Email

Reach our CEO directly for partnership discussions, investor inquiries, or program applications.

ammisha2000@verna-technologies.com
📱

Phone & WhatsApp

Available for calls and WhatsApp during Korea business hours (KST, UTC+9).

+82 10 1234 5678
📍

Headquarters

Verna Technologies Inc.

Ulsan, Republic of Korea
🌐

Follow Us

Stay updated on our programs, partnerships, and product launches.

LinkedIn — Verna Technologies Twitter / X — @VernaTech1