Industrial robot company NAU Robotics raises KRW 4 billion in Series A funding to go public this year
Reading Time: < 1 minuteSouth 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.
- [Korean Startup Weekly News #18] South Korea Reports 6% and 42% Growth in Venture Investments and Funds Early in 2024
- South Korea and ASEAN Host 8th Startup Policy Dialogue in Jakarta, Indonesia
- ‘LIVE X’ Secures 6 Billion KRW Series A Funding to Drive Innovation in Beauty Tech
- [Korean Startup Interview] EARTHFORM : Eco-Friendly Packaging and Buffering Material Production Using Mushroom Mycelium and Agricultural Byproducts
- RAPEECH Secures 6 Billion KRW Investment to Lead Conversational AI Market and Launch New Services
- South Korea’s Startup Landscape Gets a Boost with FSC’s KRW 15.4 Trillion Investment
- Phytoresearch Secures Seed Investment for Advanced Seedling Foundry
- The Invention Lab Completed pre-Series A investment for FutureGate and dSPECTER
- Gyeonggi Province and GCA Launches KRW 60 Billoin Fund to Boost Local Content
- December & Company Boosts Fint AI Robo-Advisor with Significant New Investment