# Neuromeka Co.

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

- Industry: Industrial Machinery
- Headquarters: Seoul, South Korea
- Website: www.neuromeka.com
- Total disclosed funding: $34M
- Latest round: Series D (Aug 11, 2021)
- Investors on record: 12

## About

Based in Seoul, South Korea, and founded by CEO Jonghoon Park in 2013, Neuromeka Co., Ltd. is a company specializing in collaborative robots that are focused on how humans and robots work together and how to increase the productivity of small and medium-sized manufacturing enterprises. The company established its SCRC or Smart Connected Robot Center in 2016. Neuromeka Co., Ltd. established both the CILab or cobot intelligence laboratory in POSTECH and the Vietnam-SCRC in 2018. The company expanded its Daejeon branch and received its series D investment worth KRW 14 billion in 2021. In November 2024, POSCO Holdings invested KRW 10 billion in Neuromeka Co., Ltd., in a PIPE transaction.


The company develops and manufactures collaborative robots, a type of industrial robot arm that has fewer space constraints and less risk of accidents. A few examples are Indy, a robot model developed by the company based on a collision detection algorithm for the safety of workers, as well as STEP-a remote robot controller. The company provides its Teach pendant app that controls all cooperative robots and runs on a tablet with an Android OS and a smart actuator which is its CORE series released in three models (100w, 200w, and 500w)

Neuromeka Co., Ltd.'s revenue as of 2020 is approximately KRW 3.9 billion. Production and sales of industrial robots and related systems were the core focus of the company and two unnamed companies were responsible for a combined 38 percent, 24 percent, and 14 percent respectively, of the company's revenue in 2019.

Neuromeka Co., Ltd. plans to establish a vertically integrated production system for robot products and core parts and aggressively expand its business.

## Funding rounds

- Series D, Aug 11, 2021, $12M — DSC Investment, Kolon Investment, ISU Venture Capital, The Wells Investment, One Asset Management
- Series C, Sep 10, 2018, $15M — Korea Development Bank, WOORI Venture Partners, Korea Investment Partners, DSC Investment, WONIK Investment Partners, KT Investment, Lighthouse Combined Investment, Intops Investment
- Series B, Jun 29, 2017, $5.2M — Korea Development Bank, WOORI Venture Partners, DSC Investment, WONIK Investment Partners
- Series A, May 21, 2016, $1.7M — WOORI Venture Partners

## Investors

- WOORI Venture Partners (https://capitalatlas.ai/funds/woori-venture-partners) — Series A, Series B, Series C
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series B, Series C
- DSC Investment (https://capitalatlas.ai/funds/dsc-investment) — Series B, Series C, Series D
- WONIK Investment Partners (https://capitalatlas.ai/funds/wonik-investment-partners) — Series B, Series C
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series C
- KT Investment (https://capitalatlas.ai/funds/kt-investment) — Series C
- Lighthouse Combined Investment (https://capitalatlas.ai/funds/lighthouse-combined-investment) — Series C
- Intops Investment (https://capitalatlas.ai/funds/intops-investment) — Series C
- Kolon Investment (https://capitalatlas.ai/funds/kolon-investment) — Series D
- ISU Venture Capital (https://capitalatlas.ai/funds/isu-venture-capital) — Series D
- The Wells Investment (https://capitalatlas.ai/funds/the-wells-investment) — Series D
- One Asset Management (https://capitalatlas.ai/funds/one-asset-management) — Series D