Industrial robot company NAU Robotics raises KRW 4 billion in Series A funding to go public this year
South Korea-based NAU Robotics announced today that it has secured a Series A funding of 4 billion won. GNTech Venture Capital, DevSisters Ventures, and Hana Securities participated in the investment.
With this investment, NAU Robotics plans to aggressively expand its business, including full-scale production of robots and investment in R&D.
Lee Jong-joo, CEO of NAU ROBOTICS, said, “We will grow our sales in earnest by expanding the production of robots developed with this investment and expanding our sales base, and we will grow into a global robotics company within the next five years by expanding R&D and entering the KOSDAQ.”
NAU ROBOTICS has established a diverse lineup of industrial robot products, including orthogonal robots, articulated robots, and scara robots, and has recently developed autonomous logistics robots to expand into the logistics robot market.
Nau Robotics plans to submit a preliminary examination request to KOSDAQ in the first half and enter the KOSDAQ market in the second half of this year.
Nou Robotics is a robot manufacturing company that manufactures industrial robots and autonomous logistics robots and provides various robot automation solutions based on them. It is the only robotics venture company with stable sales growth every year, and is expanding the market from industrial robots to logistics robots, which are service robots, through continuous R&D investment.
- SEOUL BIOHUB Global Center Opens, Aiming to Boost Global BioTech Competitiveness
- KDB Takes Korean Innovation to Silicon Valley: “KDB NextRound” Connects Startups with Global Investors
- Table Order Company T’Order Announces US and Global Expansion Plans for 2024
- Molecular Innovations raises a 200M KRW funding for developing pharmaceuticals with innovative materials
- LOGIBROTHERS Secures Strategic Investment from Grand Ventures to Expand AI Education Globally
- ISKRA Secures Strategic Investment from Animoca Brands to Boost Web3 Gaming
- ‘Startup Korea Fund’ launched with KRW 500 billion from government and private investors
- ‘Recl’ Raised Series A Funding to Lead the Used Clothing Market
- Dalpha, a Korean B2B AI startup, Raises KRW 12 Billion in Pre-Series A Funding
- Korean MarTech Startup Team Remited Secures Seed Funding from UK’s Goodthings Company
