Nau Robotics, a Korean robotics startup specializing in industrial and logistics robots, has successfully attracted 4 billion won ( $3 million) in Series A investment from prominent institutions such as G&Tech Venture Investment, Devsisters Ventures, and Hana Securities. This investment round marks Nau Robotics’ first venture capital (VC) investment since its credit guarantee fund investment in 2021, signalling a significant milestone for the company’s growth plans.
Lee Jong-joo, CEO of Nau Robotics, expressed his excitement about the investment, stating, “With this funding, we will be able to accelerate our sales growth through the production of our developed robots and the expansion of our sales base.” Nau Robotics plans to utilize the investment to aggressively expand its business by ramping up the production of its industrial and logistics robots and investing in research and development (R&D) to drive innovation in the field.
Nau Robotics is renowned for its diverse range of robot products, including Cartesian robots, articulated robots, Scara robots, and most recently, an autonomous logistics robot. The company has been making strides in the logistics robot market and aims to further solidify its position with the new investment.
In addition to the Series A investment, Nau Robotics has announced plans to submit a preliminary examination request in the first half of this year for a KOSDAQ listing in the second half. To facilitate this, Daishin Securities has been selected as the representative manager, with Hi Investment & Securities participating as a co-host.
- Bigwave Robotics secures $8.2 million in Series A funding for its robot solution platform ‘Marosol’
- Bear Robotics’ next-gen serving robot ‘Servi+’ revolutionizes Korean Cuisine with advanced features
- Korean startup H Robotics’ global expansion to the US & Middle East markets with its rehab robot
- Seoul Robotics aims for an IPO in 2025, post-Series B funding of $ 25 million