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Home Robotics

Autonomous robot startup Neubility receives investment from Samsung Venture Investment to expand globally

KoreaTechDesk Writer by KoreaTechDesk Writer
March 21, 2023
in Robotics
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Autonomous robot startup Neubility receives investment from Samsung Venture Investment to expand globally
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Autonomous robot services company, Neubility has announced that Samsung Venture Investment has invested 3 billion won ($2.2 million) in the company. This brings the total cumulative investment to approximately 30 billion won ($22 million) and provides a bridgehead for global expansion into major overseas markets such as Europe, Japan, and the United States, while also establishing a production base in Southeast Asia.

Neubility’s competitiveness in services is increasing rapidly as it accumulates data on urban driving experience from its award-winning self-driving robot, Neubie, and its Robot as a Service (RaaS) platform, Neubiego.

Expressing his pleasure at the investment, CEO Sangmin Lee said, “We are honored and delighted to have received this investment from Samsung Venture Investment.” He added, “Neubility will work hard to enhance production and expand its services.”

Since being selected by C-Lab Outside, Samsung Electronics’ startup acceleration program in 2021, Neubility has laid a solid foundation for growth through various types of support, including business collaboration opportunities and financial consulting.

Also Read,

  • Korean Startup Seoul Robotics’ 3D engine for Lidar sensors to make autonomous driving smarter 
  • Korean startup Twinny Robotics’ autonomous navigation robots help logistics companies reduce cost and save time 
  • VestellaLab introduces the world’s first indoor parking navigation system for autonomous vehicles 
  • Korean startup gets autonomous driving permit in the US for its lidar perception sensor technology 
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Tags: Autonomous Robot StartupGlobal ExpansionInvestmentNeubilitySamsung Venture Investment
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