Seoul Robotics Co.

SoftwareSeries BSeoul, South Koreaseoulrobotics.org

Latest round

Series B

Last raised

Sep 2022

Total raised

$27M

Investors

10

About Seoul Robotics Co.

Founded in 2017 in Seoul, South Korea, Seoul Robotics develops B2B autonomous driving solutions.80 mn.Seoul Robotics specializes in B2B autonomous driving technology, primarily offering solutions that enhance logistics and vehicle management. The company's flagship product, LV5 CTRL TWR, is recognized as the world’s first infrastructure-based autonomous driving solution, enabling automated vehicle marshaling and parking. This system is designed to streamline operations in various logistics environments, such as ports and warehouses, by automating the movement and storage of vehicles. Clients include logistics companies and facilities that require efficient vehicle management, particularly in high-density areas.Seoul Robotics generates revenue through direct B2B transactions with logistics operators and service providers. The business model is primarily centered around technology licensing and partnerships, where clients pay for the implementation and ongoing support of the autonomous driving solutions. Revenue streams include initial setup fees for their systems, followed by recurring charges for maintenance and software updates. The company’s pricing structure is tailored to the specifics of each client’s operational needs and the scale of deployment, ensuring a customized approach to service delivery. This strategic expansion aims to broaden their market reach and accelerate growth in these regions.

Who invested in Seoul Robotics Co.

10 investors across 4 rounds

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Funding rounds

  1. Series B

    Sep 26, 2022

    Amount

    $22M

    Investors

    Locked

  2. Series A

    Dec 19, 2019

    Amount

    $5.6M

    Investors

    Locked

  3. Seed

    Sep 6, 2018

    Amount

    Undisclosed

    Investors

    Locked

  4. Seed

    Jul 1, 2018

    Amount

    Undisclosed

    Investors

    Locked

Questions about Seoul Robotics Co.

Who invested in Seoul Robotics Co.?

Seoul Robotics Co. has 10 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Seoul Robotics Co. raised?

Seoul Robotics Co. has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Seoul Robotics Co. last raise money?

Seoul Robotics Co.'s most recent round on record is a Series B, in Sep 2022.

What does Seoul Robotics Co. do?

Founded in 2017 in Seoul, South Korea, Seoul Robotics develops B2B autonomous driving solutions.

Where is Seoul Robotics Co. headquartered?

Seoul Robotics Co. is headquartered in Seoul, South Korea.

Which VCs invest in companies like Seoul Robotics Co.?

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 Seoul Robotics Co.'s stage. Their profiles are linked below.

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