Tesollo

Incheon, South Korea Founded: 2019 • Age: 7 yrs
Manufactures advanced robot grippers and automation systems for industrial use.
Annual revenue - Latest available
Total funding $4.3M 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Tesollo

Tesollo is a company based in Incheon (South Korea) founded in 2019. It operates as a B2B and D2C. Tesollo has raised $4.34 million across 2 funding rounds from investors including POSCO Technology Investment, KB Investment and The Invention Lab. Tesollo offers products and services including DG-5F, DG-3F, DS-PICK, and DS-PAL. Tesollo operates in a competitive market with competitors including RightHand Robotics, OnRobot, Soft Robotics, Robotiq and Schunk, among others.

  • Headquarter Incheon, South Korea
  • Sectors
    Industrial Goods & Manufacturing
    Technology
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  • Legal Name 주식회사 테솔로
  • Jurisdiction Na, Maharashtra, India
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Technology → Robotics, Automation & Advanced Manufacturing Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Total Equity Funding
    $4.34 M (USD)

    in 2 rounds

  • Latest Funding Round
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  • Investors
  • Employee Count
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Products & Services of Tesollo

Tesollo offers a comprehensive portfolio of products and services, including DG-5F, DG-3F, DS-PICK, and DS-PAL.

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Primary

Fully actuated hand for mimicking human movements in tasks

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Three-finger device for handling irregular objects stably

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Robot picking solution for industrial applications

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Palletizing system for efficient material handling

Funding Insights of Tesollo

Tesollo has successfully raised a total of $4.34M across 2 strategic funding rounds. 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.

Investors in Tesollo

Tesollo has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include POSCO Technology Investment, KB Investment and The Invention Lab.

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Venture Fund
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Investor details for Tesollo

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Investments & Acquisitions by Tesollo

Investments
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Investment portfolio details for Tesollo

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Financial Statements - Tesollo

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Detailed financials for Tesollo

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Tesollo Comparisons

Tesollo Primary company
Description
Manufactures advanced robot grippers and automation systems ...
Location
Incheon, South Korea
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Tesollo

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Competitors of Tesollo

Tesollo 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 RightHand Robotics, OnRobot, Soft Robotics, Robotiq and Schunk, among others.

Company Name Domain Founded year HQ Location Description
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AI-enabled robotic grippers for object picking are provided.
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Collaborative robot grippers are supplied for automation tasks.
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Provider of soft robotic grippers and control systems
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Tools for automation and flexible robotic grippers are developed.
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Clamping technology and gripping systems are designed and manufactured.
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Robotic grippers for industrial applications with human-like grasping are supplied.
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Detailed competitors of Tesollo

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Latest news on Tesollo

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Complete news archive for Tesollo

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Frequently Asked Questions about Tesollo

Tesollo was founded in 2019 and raised its 1st funding round 6 years after it was founded.

Tesollo is headquartered in Incheon, South Korea.

Tesollo is a funded company, having raised a total of $4.34M across 2 funding rounds to date.

Tesollo specializes in designing and producing robot end-effectors and automation solutions to handle complex tasks. The company focuses on high-tech grippers like the DG series for gripping various objects in manufacturing. Based in Incheon, South Korea, with a branch in Gwangmyeong-si, they collaborate with partners such as LG and Hyundai. Their products support robotics research and industrial automation, emphasizing durability and innovation.

Tesollo's top competitors include OnRobot, Soft Robotics and RightHand Robotics.

Tesollo offers DG-5F, DG-3F, DS-PICK, and DS-PAL.

Tesollo has 4 investors. Key investors include POSCO Technology Investment, KB Investment, The Invention Lab, and Samsung Venture Investment.

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