About Lounge'Lab
Lounge'Lab is a company based in Seongdong (South Korea) founded in 2019.. Lounge'Lab has completed 3 acquisitions, including AMBITIONEM, Cobot Lab and MBichonem. Lounge'Lab operates in a competitive market with competitors including Bear Robotics, Shenzhen Pudu Technology, New Innovations, Relay Robotics and Cafe X Technologies, among others.
- Headquarter Seongdong, South Korea
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Sectors
ConsumerIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
AMBITIONEM
& 2 more
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Funding Insights of Lounge'Lab
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Lounge'Lab
Lounge'Lab has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include AMBITIONEM, Cobot Lab and MBichonem. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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UGVs are provided for outdoor and indoor applications across industries.
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2018 | ||||
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An online marketplace for backpacks and bags is operated.
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2016 | ||||
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Manufacturer of cafe equipment
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - LoungeLab
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lounge'lab Comparisons
Competitors of Lounge'Lab
Lounge'Lab operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bear Robotics, Shenzhen Pudu Technology, New Innovations, Relay Robotics and Cafe X Technologies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-powered robots for autonomous food delivery in restaurants are provided.
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| domain | founded_year | HQ Location |
Indoor catering robots for delivery tasks are provided.
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| domain | founded_year | HQ Location |
AI cafe robot development services are provided to clients.
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| domain | founded_year | HQ Location |
Indoor delivery robots for hospitality are manufactured.
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| domain | founded_year | HQ Location |
Coffee is prepared and served by a robotic arm system.
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| domain | founded_year | HQ Location |
AI-powered robotic barista solutions are provided for food service automation.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lounge'lab
Frequently Asked Questions about Lounge'Lab
When was Lounge'Lab founded?
Lounge'Lab was founded in 2019.
Where is Lounge'Lab located?
Lounge'Lab is headquartered in Seongdong, South Korea.
What does Lounge'Lab do?
Develops a range of robots for the hospitality industry. It has developed brands such as Lounge X, Lounge Y, Gram Grill Room, and Brown Bana by partnering with PIUM, Universal Robotics, Bear Robotics, and GoPizza among others. The offerings include robot ice cream, robot cafe, robot drip, robot bar, and more using AI composing and robot packaging.
Who are the top competitors of Lounge'Lab?
Lounge'Lab's top competitors include Bear Robotics, New Innovations and Relay Robotics.
How many acquisitions has Lounge'Lab made?
Lounge'Lab has made 3 acquisitions, including AMBITIONEM, Cobot Lab, and MBichonem.