Riibotics
Latest round
- Seed
Last raised
- Oct 2024
Total raised
- Undisclosed
Investors
- 2
About Riibotics
a. TIM Robotics, operates as a company that focuses on creating autonomous navigation software for robots by utilizing SLAM (simultaneous localization and mapping) technology. The company’s products include a self-driving forklift specifically created for existing facilities, often referred to as brownfield environments. As of October 2024, Baek Seung-min is the CEO of the company. TIM Robotics develops solutions for industrial automation, focusing on mobile robots and autonomous forklifts. The company’s software supports 2D/3D SLAM technology, navigation, control, and fleet management, enabling autonomous driving in dynamic environments. The firm’s autonomous forklift targets warehouses and factories, offering features such as pallet hole perception, material pose estimation, and spatial AI for material handling without additional infrastructure. The platform's flexibility allows for human-robot collaboration, adaptive control, and efficient pallet stacking. TIM Robotics' solutions are designed for easy deployment and sustainable operations, incorporating automatic map updates to adjust to environmental changes, suitable for existing facilities not optimized for robots.
Who invested in Riibotics
2 investors across 1 round
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Funding rounds
Seed
Oct 17, 2024
Amount
Undisclosed
Investors
Questions about Riibotics
Who invested in Riibotics?
Riibotics has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Riibotics raised?
Riibotics has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Riibotics last raise money?
Riibotics's most recent round on record is a Seed, in Oct 2024.
What does Riibotics do?
Riibotics is a electronics company.
Where is Riibotics headquartered?
Riibotics is headquartered in Siheung-si, South Korea.
Which VCs invest in companies like Riibotics?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back electronics companies at Riibotics's stage. Their profiles are linked below.
VCs backing electronics startups at Seed
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