About Luxrobo
Luxrobo is a company based in Seoul (South Korea) founded in 2014 by Seungbae Son.. Luxrobo has raised $4.86 million across 2 funding rounds from investors including Kakao, Mirae Asset and Hanwha. Luxrobo operates in a competitive market with competitors including Shape Robotics, Makeblock, Modular Robotics, Robo Wunderkind and Beijing Aiqi Technology, among others.
- Headquarter Seoul, South Korea
- Founders Seungbae Son
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Sectors
TechnologyEducation
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Luxrobo Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.86 M (USD)
in 2 rounds
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Latest Funding Round
$3.5 M (USD), Series A
Jun 07, 2017
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Investors
Kakao
& 3 more
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Employee Count
Employee Count
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Funding Insights of Luxrobo
Luxrobo has successfully raised a total of $4.86M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 million completed in June 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $3.5M
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First Round
First Round
(30 Sep 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Series A - Luxrobo | Valuation | Kakao , Bagel Labs |
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| Sep, 2016 | Amount | Seed - Luxrobo | Valuation | Hanwha |
| 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 |
Investors in Luxrobo
Luxrobo has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Kakao, Mirae Asset and Hanwha. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of radio broadcasting services and advertising
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Manufacturer of solar cells, modules, and other related components
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Founded Year | Domain | Location |
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|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Luxrobo
| 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 |
Financial Statements - Luxrobo
| 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 |
Luxrobo Comparisons
Competitors of Luxrobo
Luxrobo 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 Shape Robotics, Makeblock, Modular Robotics, Robo Wunderkind and Beijing Aiqi Technology, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Robots are offered for STEAM learning via AI-powered educational platforms.
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| domain | founded_year | HQ Location |
Robotic kits for coding education are offered by Makeblock.
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| domain | founded_year | HQ Location |
Modular robot kits are built for children's reconfigurable creations.
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| domain | founded_year | HQ Location |
Smartphone controlled robotic device for kids to learn coding and robotics
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| domain | founded_year | HQ Location |
DIY robotic kits are developed for student STEM education.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Luxrobo
Frequently Asked Questions about Luxrobo
When was Luxrobo founded?
Luxrobo was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Luxrobo located?
Luxrobo is headquartered in Seoul, South Korea.
Is Luxrobo a funded company?
Luxrobo is a funded company, having raised a total of $4.86M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.36M, raised on Sep 30, 2016.
What does Luxrobo do?
Luxrobo was founded in 2014 in Seoul, South Korea, and operates in the educational technology and robotics sector. DIY kits based on robots are offered to support code learning, including the open-source LuxBot assembled from modular blocks. Educational tools like LuxEdu with image processing and Luxus equipped with embedded Lux-C software are also provided for hands-on programming activities.
Who are the top competitors of Luxrobo?
Luxrobo's top competitors include Shape Robotics, Robo Wunderkind and Makeblock.
Who are Luxrobo's investors?
Luxrobo has 4 investors. Key investors include Kakao, Mirae Asset, Hanwha, and Bagel Labs.