About Seoul Robotics
Seoul Robotics is a company based in Seoul (South Korea) founded in 2017 by Minh Truong. It operates as a B2B. Seoul Robotics has raised $25 million across 2 funding rounds from investors including Korean Development Bank, KB Investment and Noh & Partners. Seoul Robotics offers products and services including Autonomous Driving Technology. Seoul Robotics operates in a competitive market with competitors including Mobileye, Indie Semiconductor, Black Sesame Technologies, StradVision and RideFlux, among others.
- Headquarter Seoul, South Korea
- Founders Minh Truong
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Sectors
Transportation, Automotive & Logistics
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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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Total Equity Funding
$25 M (USD)
in 2 rounds
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Latest Funding Round
$25 M (USD), Series B
Sep 22, 2022
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Investors
Korean Development Bank
& 6 more
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Employee Count
Employee Count
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Products & Services of Seoul Robotics
Seoul Robotics offers a comprehensive portfolio of products and services, including Autonomous Driving Technology. 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.
Technology for autonomous driving is developed and provided.
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Funding Insights of Seoul Robotics
Seoul Robotics has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in September 2022. 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 B — $25.0M
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First Round
First Round
(15 Jul 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series B - Seoul Robotics | Valuation | KB Investment | |
| Jul, 2021 | Amount | Debt – Conventional - Seoul Robotics | Valuation |
investors |
| 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 Seoul Robotics
Seoul Robotics has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Korean Development Bank, KB Investment and Noh & Partners. 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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Venture capital fund investing in early-stage tech startups
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Venture capital and private debt fund focused on climate, agrifood, health, AI, and multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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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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Founded Year | Domain | Location | |
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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 Seoul Robotics
| 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 - Seoul Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Seoul Robotics Comparisons
Competitors of Seoul Robotics
Seoul Robotics 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 Mobileye, Indie Semiconductor, Black Sesame Technologies, StradVision and RideFlux, 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 |
AI-based system-on-chips are developed for advanced driver assistance systems.
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| domain | founded_year | HQ Location |
Manufacturer of SoCs for automotive industry
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| domain | founded_year | HQ Location |
Developer of AI-based chips for machine vision tasks
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| domain | founded_year | HQ Location |
AI-enabled vision processing for autonomous vehicles is provided.
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| domain | founded_year | HQ Location |
Online platform offering full-stack autonomous driving software and services
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| domain | founded_year | HQ Location |
Provider of software and hardware solutions for autonomous driver assistance and mobility
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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 Seoul Robotics
Frequently Asked Questions about Seoul Robotics
When was Seoul Robotics founded?
Seoul Robotics was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Seoul Robotics located?
Seoul Robotics is headquartered in Seoul, South Korea.
Is Seoul Robotics a funded company?
Seoul Robotics is a funded company, having raised a total of $25M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $12M, raised on Jul 15, 2021.
What does Seoul Robotics do?
Autonomous driving solutions are provided by Seoul Robotics for B2B clients. Focus is placed on technology development for the autonomous vehicle sector. Innovative solutions are crafted to support various driving applications.
Who are the top competitors of Seoul Robotics?
Seoul Robotics's top competitors include Mobileye, Indie Semiconductor and Black Sesame Technologies.
What products or services does Seoul Robotics offer?
Seoul Robotics offers Autonomous Driving Technology.
Who are Seoul Robotics's investors?
Seoul Robotics has 7 investors. Key investors include Korean Development Bank, KB Investment, Noh & Partners, Artesian, and Access Ventures.
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