About Ready Robust Machine
Ready Robust Machine is a company founded in 2021.. Ready Robust Machine has raised $6.94 million across 2 funding rounds from investors including Korean Development Bank, Korea Technology Finance and Quantum Ventures Korea. Ready Robust Machine offers products and services including READiX, READi EX, and READi EPC.
-
Sectors
Energy & Utilities
-
Phone
*********
-
Website
*********
- Legal Name Readirobustmachine Co., Ltd.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$6.94 M (USD)
in 2 rounds
-
Latest Funding Round
$5.55 M (USD), Series A
Aug 21, 2024
-
Investors
Korean Development Bank
& 5 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Ready Robust Machine
Ready Robust Machine offers a comprehensive portfolio of products and services, including READiX, READi EX, and READi EPC. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Recovers energy from excavator operations to reduce fuel consumption.
Optimizes energy use in electric systems for cost-effective machinery control.
Enhances excavator performance through software for energy management.
Funding Insights of Ready Robust Machine
Ready Robust Machine has successfully raised a total of $6.94M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.55 million completed in August 2024. 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 — $5.6M
-
First Round
First Round
(04 Oct 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series A - Ready Robust Machine | Valuation | Quantum Ventures Korea | |
| Oct, 2022 | Amount | Seed - Ready Robust Machine | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ready Robust Machine
Ready Robust Machine has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Korean Development Bank, Korea Technology Finance and Quantum Ventures Korea. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Multi-sector acceleration and financing support is provided to technology firms.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Ready Robust Machine
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Ready Robust Machine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ready Robust Machine Comparisons
Competitors of Ready Robust Machine
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Ready Robust Machine
Frequently Asked Questions about Ready Robust Machine
When was Ready Robust Machine founded?
Ready Robust Machine was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Is Ready Robust Machine a funded company?
Ready Robust Machine is a funded company, having raised a total of $6.94M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.39M, raised on Oct 04, 2022.
What does Ready Robust Machine do?
Founded in 2021, Ready Robust Machine operates in the heavy machinery sector, focusing on energy efficiency solutions. The READiX system is developed to capture wasted energy during excavator boom operations and convert it into reusable power, thereby decreasing diesel consumption. Carbon emissions are reduced through these mechanisms in construction and excavation activities. The company is based in South Korea, as indicated by its domain.
What products or services does Ready Robust Machine offer?
Ready Robust Machine offers READiX, READi EX, and READi EPC.
Who are Ready Robust Machine's investors?
Ready Robust Machine has 6 investors. Key investors include Korean Development Bank, Korea Technology Finance, Quantum Ventures Korea, Strong Ventures, and TheVentures.