# Syscon Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/syscon-robotics

- Industry: Logistics & Distribution
- Headquarters: South Korea
- Website: www.sysconrobotics.com/
- Total disclosed funding: $16M
- Latest round: Series A (Jan 2, 2023)
- Investors on record: 2

## About

Founded in 2013 and based in Incheon, South Korea, SYSCON Co., Ltd. operates as a factory automation and industrial robots manufacturing company that provides system consulting services and develops autonomous transport robots and IT solutions. In January 2023, SYSCON Co., Ltd. raised KRW 20 billion in venture funding from new investors SBI Investment Korea and Korea Development Bank. As of 2023, the company is led by its CEO Choi Kwang Yong.

SYSCON Co., Ltd. offers factory automation and industrial robot solutions including Autonomous driving and hybrid systems, Transport Equipment, Auto-Manufacturing systems, and Optimized controllers for automation systems SIMATIC Controller series.

The company will use the January funding to serve as operating funds and invest in equipment automation research and development (R&D).

## Funding rounds

- Series A, Jan 2, 2023, $16M — SBI Investment Korea, Korea Development Bank

## Investors

- SBI Investment Korea (https://capitalatlas.ai/funds/sbi-investment-korea) — Series A
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series A