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+
Dealer Network Trades
15
ECOWAS Target Markets
2
Core Platforms
6
Stage Trade Pipeline
Verna Trade State Machine — Illustrative Workflow
DEMO
REF: VT-2026-KR-GH-0094

1
Listing
Vehicle verified · MOLIT VIN confirmed
✓ Done
2
Verified
Inspection report confirmed · specs locked
✓ Done
3
Escrowed
Funds escrowed · insurance eligibility review
● Active
4
Shipped
Bill of lading · freight tracking active
Pending
5
Cleared
Customs docs · ICUMS duty estimate
Pending
6
Settled
Physical confirmation · escrow released
Pending
Illustrative escrow via regulated provider
$24,500 USD
Buyers & Dealers
Explore CarExpo →
Mechanics & Distributors
Explore CarParts AI →
Institutional Partners
Partner With Verna →
Investors & Programs
View Company Profile →
Programs, Partnerships & Recognition
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 in Verna's Network
K-Senegal AI Summit · Selected by KOICA
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: our team's Korea-Ghana dealer network has been involved in 100+ automotive transactions predating Verna's platforms, including more than US$100,000 in trade directly facilitated through our founding network. Verna converts those informal trust dependencies into structured, traceable, technology-backed workflows.

Read our full company profile →
▶
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

In plain terms: Verna verifies the vehicle or part, moves payment only after that verification, and tracks shipping and customs, all in one connected workflow instead of five disconnected providers.

VERNA TRADE STATE MACHINE · 6-STAGE PROTOCOL
Listing
Verified inventory onboarded with MOLIT VIN confirmation
Verified
Independent inspection, spec lock, and condition record
Escrowed
Escrow initiation and trade-insurance eligibility review
Shipped
Bill of lading issued, freight tracking active
Cleared
ICUMS duty estimation, customs documentation coordinated
Settled
Physical event triggers escrow release to supplier
See the technology behind every stage: architecture, AI models, and data sources →
Solutions

Two commerce platforms, one transaction infrastructure layer.

CarExpo and CarParts AI are the customer-facing platforms. Both are powered underneath by the same shared transaction infrastructure (verification, escrow, and logistics coordination) delivered to international traders, workshops, and supply chains.

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 →
AI-POWERED PLATFORM
CarParts AI
Identify the right automotive part before placing the order.

CarParts AI 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.

  • → AI-assisted visual part identification (object detection + OCR)
  • → 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 AI →
Recognition & Traction

Validated by programs, partners, and proven trades

Verna's commercial model isn't theoretical, it's grounded in our founding team's dealer network experience across 100+ Korea-Ghana automotive transactions predating 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
View all recognition, partnerships, and traction metrics →
100+
Transactions across the founding dealer network
$100K+
Directly facilitated through Verna's founding network
200+
Korean suppliers in Verna's network
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.

Become a Vehicle Supply Partner →

For Parts Manufacturers & Distributors

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

Become a Parts Supplier →

For Logistics & Inspection Partners

Receive qualified transaction volume with full documentation integration.

Join the Service Network →

For Financial Institutions

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

Discuss Financial Collaboration →
See full partnership details for each path →
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.

Ammishaddai Asafo Agyei — CEO & Co-Founder
CEO & Co-Founder
Ammishaddai Asafo Agyei
Leads product, strategy, and international market development.
Grace Eunji Park — COO & Co-Founder
COO & Co-Founder
Grace Eunji Park
Leads operations, Korean market development, and government partnerships.
Phebe Akosua Agyeiwaa — CFO & Co-Founder
CFO & Co-Founder
Phebe Akosua Agyeiwaa
Leads financial operations, compliance, and Africa market commercial strategy.
Read full team bios →
Market Opportunity

The Korea–Africa automotive corridor is underserved and rapidly growing

Africa's used-vehicle import market is large and growing, driven by rising demand and a well-established preference for reliable, affordable imports. The infrastructure to connect verified supply with demand reliably simply doesn't exist yet.

$21.5B+
Africa Automotive Market Size (2025)
~5% CAGR forecast through 20301
$8.9B+
Korea's Used-Vehicle Export Value (2025)
Up 75% year-on-year3
1 Mordor Intelligence & Research and Markets, 2025 · 3 Korea Ministry of Trade, Industry and Energy, 2025
See full market data, sourcing, and the Africa expansion roadmap →
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.

hr@verna-technologies.com

Phone & WhatsApp

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

+82 10 2012 1016 (한국어) +82 10 2182 8521 (English)

Headquarters

Verna Technologies Inc.

Ulsan, Republic of Korea

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

LinkedIn: Verna Technologies Twitter / X: @VernaTech1