# LUXROBO Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/luxrobo-co

- Industry: Hardware
- Headquarters: Seoul, South Korea
- Website: www.luxrobo.com
- Total disclosed funding: $12M
- Latest round: Series B (Nov 30, 2019)
- Investors on record: 9

## About

Founded in 2014 in Seoul, South Korea, LUXROBO Co., Ltd. operates at the intersection of technology and education, offering a range of products designed to facilitate coding and user interaction. In October 2025, LUXROBO Co., Ltd. raised KRW 300 million in venture funding from an unspecified investor.

Luxrobo specializes in innovative technology solutions that integrate their core product, the next-generation MCU OS, within the AIoT sector. Their primary offerings include educational robots, smart mobility solutions, and smart home solutions, designed to enhance user engagement and functionality in various environments. The MODI platform stands out as a flagship product, which facilitates coding education through interactive learning experiences. Released in stages over the last several years, these products cater to a diverse clientele, including educational institutions and consumers seeking smart technology for personal and professional use. Luxrobo’s solutions are actively marketed and utilized across various international markets, including North America, Europe, and parts of Asia, allowing them to reach a broad demographic of tech-savvy users and educators.

Luxrobo reported revenue of KRW 4,815,236.4 in 2024, with an EBITDA of KRW -167,008.4 for the same year. The company engages in business transactions primarily through direct sales and partnerships with educational institutions and tech retailers, establishing a robust B2B and B2C model. Customers can access Luxrobo's solutions through various pricing plans based on their specific needs, with offerings tailored for individual users and institutions alike. For instance, the MODI platform, which supports coding education, is available through subscription models that provide ongoing access to updated content and resources. The company's consistent introduction of new products, such as their smart mobility solutions, furthers their revenue stream by catering to evolving consumer demands.

The company is focused on introducing new products designed to enhance user engagement and revolutionize the AIoT sector, with releases planned for the coming years. Additionally, Luxrobo aims to expand its market presence in North America and Europe by 2025, targeting educational sectors and technology retailers.  The company will use the October 2025 funding for general operations.

## Funding rounds

- Series B, Nov 30, 2019, $5.7M — Company K Partners, CJ Investment, DS Asset Management
- Series B, Jun 30, 2018, $1.8M — Korea Development Bank
- Series A, Jun 7, 2017, $3.6M — Kakao Ventures, Kakao Investment
- Series A, Aug 27, 2016, $1.3M — Mirae Asset Venture Investment, Hanwha Investment & Securities
- Seed, Oct 1, 2015 — FuturePlay

## Investors

- FuturePlay (https://capitalatlas.ai/funds/futureplay) — Seed
- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Series A
- Hanwha Investment & Securities (https://capitalatlas.ai/funds/hanwha-investment-securities) — Series A
- Kakao Ventures (https://capitalatlas.ai/funds/kakao-ventures) — Series A
- Kakao Investment (https://capitalatlas.ai/funds/kakao-investment) — Series A
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series B
- Company K Partners (https://capitalatlas.ai/funds/company-k-partners) — Series B
- CJ Investment (https://capitalatlas.ai/funds/cj-investment) — Series B
- DS Asset Management (https://capitalatlas.ai/funds/ds-asset-management) — Series B