ELROILAB

IT InfrastructureSeries ASeoul, South Koreaelroilab.com

Latest round

Series A

Last raised

Jan 2025

Total raised

$5.5M

Investors

11

About ELROILAB

Based in Seoul, South Korea, and founded in 2020, ELROILAB is researching and developing solutions that detect defects and foreign substances that occur during the manufacturing process using artificial intelligence and control manufacturing machines and industrial robots using reinforcement learning. The company develops a technology that can be applied not only in the food manufacturing market but also in recycling, construction, and textile waste classification, and furthermore, it can be applied to various fields such as thin film and thickness inspection, display inspection, packaging sealing inspection, and pharmaceutical problem detection.

Who invested in ELROILAB

11 investors across 3 rounds

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Funding rounds

  1. Series A

    Jan 27, 2025

    Amount

    $1.8M

    Investors

    Locked

  2. Series A

    Jan 24, 2024

    Amount

    $3.7M

    Investors

    Locked

  3. Seed

    Oct 28, 2021

    Amount

    Undisclosed

    Investors

    Locked

Questions about ELROILAB

Who invested in ELROILAB?

ELROILAB has 11 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has ELROILAB raised?

ELROILAB has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did ELROILAB last raise money?

ELROILAB's most recent round on record is a Series A, in Jan 2025.

What does ELROILAB do?

Based in Seoul, South Korea, and founded in 2020, ELROILAB is researching and developing solutions that detect defects and foreign substances that occur during the manufacturing process using artificial intelligence and control manufacturing machines and industrial robots using reinforcement learning.

Where is ELROILAB headquartered?

ELROILAB is headquartered in Seoul, South Korea.

Which VCs invest in companies like ELROILAB?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back it infrastructure companies at ELROILAB's stage. Their profiles are linked below.

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