URobotics Raises $30 Million for Autonomous Mobility AI
URobotics raised about $30 million in a Series A round co-led by Kiwoom Investment and K2 Investment Partners, according to Wowtale. Hyundai Motor Group's ZER01NE, Seoul Investment Partners, Schmidt, NVESTOR, AJU IB Investment, TS Investment, Kingo Investment Partners, Ulmus Investment and Novosec Investment also participated.
URobotics develops autonomous mobility AI that helps robots navigate complex environments and varied terrain. Its E-DONG-KIT is a modular system that can be installed on robots from different manufacturers, including humanoid and quadruped models. The company also develops whole-body control technology for movement and balance.
The company will use the funding to improve its technology, hire specialists and expand product supply and customer support. It plans to serve the shipbuilding, steel and defense sectors, pursue overseas expansion and prepare for larger projects.
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