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PyBrain AI raises USD 494,000 from KOSDAQ-listed OA for logistics robot development. The investment formalizes collaboration to automate warehouse operations.
Amount Raised
$494,000
Round Type
Seed
SeoulManufacturingArtificial IntelligenceMachine LearningRoboticsInvestors
Description
KOSDAQ-listed OA has invested 650.32 million won (USD 494,000) in logistics robotics company PyBrain AI Inc., acquiring a 24.07 percent stake through newly issued shares. The investment formalizes a collaboration to automate warehouse picking and packing operations with AI-driven robots. OA approved the investment through a board resolution on October 7 and signed agreements on October 8, with payment scheduled for October 23. The partnership leverages PyBrain's robot research and manufacturing capabilities with OA's operational expertise and real-world test environment at its distribution centers.
Fundz sees it the moment PyBrain AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
PyBrain AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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