Safetics
Latest round
- Series A
Last raised
- Aug 2024
Total raised
- $1.5M
Investors
- 4
About Safetics
Based in South Korea, Safetics Inc. develops safety intelligence technology that enables safe and efficient operation of collaborative robots.Safetics Inc. was founded in 2020 in Seoul, South Korea, focusing on safety intelligence solutions for collaborative robots.Safetics specializes in safety intelligence technology designed to enable the safe and efficient operation of collaborative robots in environments where humans and machines interact closely. The core offering includes a software platform that facilitates real-time risk assessment and collision simulation to ensure safe robot functionality without the need for physical barriers or sensors. Safetics' technology allows robots to operate at their maximum safe speeds, enhancing productivity while prioritizing worker safety. The end-use cases primarily target manufacturing and logistics sectors, where robots are deployed to work alongside human operators.Revenue generation for Safetics is structured around a subscription model for its safety intelligence technology platform. Clients, primarily businesses in industrial sectors, subscribe to the service to access features such as automated risk assessment report generation and collision risk simulations. The transaction structure is based on annual or monthly subscriptions, which allows continuous access to software updates and customer support. Safetics' flagship offerings provide comprehensive safety solutions that enable organizations to integrate robotics into their workflows efficiently.In August 2024, Safetics Inc. The company plans to launch new product features aimed at enhancing safety technology during the next quarter and is targeting an expansion into the North American and European markets by the end of 2025.
Who invested in Safetics
4 investors across 2 rounds
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Questions about Safetics
Who invested in Safetics?
Safetics has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Safetics raised?
Safetics has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Safetics last raise money?
Safetics's most recent round on record is a Series A, in Aug 2024.
What does Safetics do?
Based in South Korea, Safetics Inc.
Where is Safetics headquartered?
Safetics is headquartered in Seoul, South Korea.
Which VCs invest in companies like Safetics?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Safetics's stage. Their profiles are linked below.
VCs backing software startups at Series A
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