Fundz

Seoul Robotics Secures $25 Million In Series B Funding To Advance Autonomous Mobility Through Smart Infrastructure

PRIVATESep 22, 2022

Amount Raised

$25 Million

Round Type

Series B

SoftwareRobotics

Description

Seoul Robotics, the company powering the future of autonomy through smart infrastructure, today announced approximately $25M Series B funding, led by KB Investment.

Quick answer

Seoul Robotics raised $25 Million in a Series B round, dated September 22, 2022.

How much did Seoul Robotics raise?
Seoul Robotics raised $25 Million in a Series B round on September 22, 2022.
What does Seoul Robotics do?
Seoul Robotics was founded in 2017 to provide the mobility industry with the most advanced computer vision for 3D sensors and pioneer a new approach to automating vehicles called 'Autonomy Through Infrastructure' (ATI).

Source: Fundz verified event record.

Who else raised in Robotics and Software around the same time

Companies in the same sectors as Seoul Robotics that raised within 45 days of this round, from Fundz verified event records.

  • Gather AI raised $10M (Series A) on October 6, 2022.
  • Valid8 Financial raised $1.3M (Seed) on November 5, 2022.
  • Great Atlantic Resources raised an undisclosed amount (Funding Round) on November 4, 2022.
  • Alation raised $123M (Series E) on November 4, 2022.
  • Loop Data raised $33M (Funding Round) on November 4, 2022.
  • Lodgify raised $30M (Series B) on November 4, 2022.

Who to call at Seoul Robotics, and when

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Company Information

Company

Seoul Robotics

About

Seoul Robotics was founded in 2017 to provide the mobility industry with the most advanced computer vision for 3D sensors and pioneer a new approach to automating vehicles called 'Autonomy Through Infrastructure' (ATI). Seoul Robotics will use the Series B funding to bring its industry-leading, infrastructure-based autonomous driving solutions to the global logistics industry. Seoul Robotics provides autonomous driving systems for various applications within the logistics industry, leveraging its proprietary 3D perception technology, SENSR™, which offers unrivaled accuracy, efficiency, and safety. Seoul Robotics has offices in Seoul, Munich, California, and Raleigh and is backed by leading global financial institutions.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Seoul Robotics 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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