# H ROBOTICS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/h-robotics

- Industry: Healthcare IT
- Headquarters: Incheon, South Korea
- Website: www.hroboticsinc.com
- Total disclosed funding: $16M
- Latest round: Series B (Oct 18, 2021)
- Investors on record: 14

## About

H ROBOTICS INC., based in South Korea, develops advanced robotic technologies aimed at enhancing health and mobility, particularly through innovative rehabilitation solutions designed for medical professionals and institutions.Founded in 2018 and headquartered in Incheon, South Korea, H ROBOTICS INC. is focused on creating robotic solutions for rehabilitation. The firm has completed four deals, including its most recent Series B round in October 2021, raising KRW 12 billion from investors such as POSCO Investment and BNK Venture Capital.H Robotics specializes in developing innovative robotic technologies aimed at enhancing health and mobility. Their flagship product, rebless, is designed to improve rehabilitation processes through advanced robotics, providing users with a more effective and efficient recovery experience. This product is primarily targeted towards medical professionals, rehabilitation centers, and institutions that focus on patient recovery. The company also provides resources and support for public institutions, ensuring that their technologies meet the needs of diverse clientele. H Robotics markets its products globally, with particular emphasis on regions such as North America and Europe, where the demand for advanced rehabilitation technologies is on the rise.H Robotics generates revenue through direct sales of its robotic solutions to medical facilities and rehabilitation centers. Their business model encompasses B2B transactions, establishing partnerships with healthcare providers to integrate their technology into rehabilitation programs. The company engages in subscription services for ongoing support and software updates, ensuring that clients receive the latest advancements. Pricing structures for their products are designed to be competitive within the medical technology market, reflecting the high value of their innovative solutions. The rebless system is positioned as a premium product aimed at enhancing therapeutic outcomes, aligning with H Robotics' commitment to improving health through technology.In October 2021, H ROBOTICS INC. raised KRW 12 billion in Series B funding led by POSCO Capital. The company plans to utilize this funding to further develop its product line, including upcoming enhancements to the rebless system. H Robotics aims to expand into new geographic markets, specifically targeting regions in North America and Europe by the end of 2023, leveraging its latest technological advancements to meet growing demand.

## Funding rounds

- Series B, Oct 18, 2021, $10M — Shinhan Venture Investment, DSC Investment, Posco Investment, L&S Venture Capital, BNK Venture Capital, Hana Securities, Schmidt, Open Water Investment, DS Asset Management
- Series A, Nov 6, 2020, $5.4M — CKD Venture Capital, Posco Investment, L&S Venture Capital, BNK Venture Capital, Hyundai Investment Partners, Schmidt, We Venture Partners
- Seed, Mar 1, 2019 — Korea Tech Incubator for Startup, POSTECH Holdings

## Investors

- Korea Tech Incubator for Startup — Seed
- POSTECH Holdings (https://capitalatlas.ai/funds/postech-holdings) — Seed
- CKD Venture Capital (https://capitalatlas.ai/funds/ckd-venture-capital) — Series A
- Posco Investment (https://capitalatlas.ai/funds/posco-investment) — Series A, Series B
- L&S Venture Capital (https://capitalatlas.ai/funds/l-s-venture-capital) — Series A, Series B
- BNK Venture Capital (https://capitalatlas.ai/funds/bnk-venture-capital) — Series A, Series B
- Hyundai Investment Partners (https://capitalatlas.ai/funds/hyundai-investment-partners) — Series A
- Schmidt (https://capitalatlas.ai/funds/schmidt) — Series A, Series B
- We Venture Partners (https://capitalatlas.ai/funds/we-venture-partners) — Series A
- Shinhan Venture Investment (https://capitalatlas.ai/funds/shinhan-venture-investment) — Series B
- DSC Investment (https://capitalatlas.ai/funds/dsc-investment) — Series B
- Hana Securities (https://capitalatlas.ai/funds/hana-securities) — Series B
- Open Water Investment (https://capitalatlas.ai/funds/open-water-investment) — Series B
- DS Asset Management (https://capitalatlas.ai/funds/ds-asset-management) — Series B