Tech Company Financing Transactions
Seoul Robotics Funding Round
Seoul Robotics closed a $25 million Series B funding round on 9/22/2022. Backers included KB Investment, Access Venture Partners and Artesian Investment.
Transaction Overview
Company Name
Announced On
9/22/2022
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
Proceeds Purpose
The company will use the funds to Instead of outfitting the vehicles themselves with sensors, we're outfitting the surrounding infrastructure with sensors
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
1st Floor, 46-gil 92, Seocho-daero
Seocho-gu Seoul, 06650
KR
Seocho-gu Seoul, 06650
KR
Phone
Website
Email Address
Overview
Seoul Robotics was founded in 2017 in Seoul, Korea. A group of engineers with backgrounds in 3D data processing met in an online class studying computer vision together. They put their new skills to the test, teaming up for a competition to develop a software system for self-driving cars relying on data only from LiDAR sensors rather than a combination of camera sensors - which was unheard of at the time. The team placed 10th out of more than 2,000 teams. From that competition, Seoul Robotics was launched.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hanbin Lee
Chief Operating Officer
Oran Kwon
Chief Technical Officer
Jaeil Park
Co-Founder
Hong Truong
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