Nau Robotics, a leading industrial and autonomous logistics robot manufacturer, has secured KRW 4 billion in Series A funding.
The lead investors include G.N Tech Venture Investment, DevSisters Ventures, and Hana Securities.
The post-money valuation of the company was not disclosed.
Nau Robotics plans to use the funds to expand its manufacturing capacity and distribution network, focusing on research and development.
The company’s diverse industrial robot product line includes orthogonal, articulated, and horizontal articulated robots.
Recently, the company has entered the logistics robot market by developing autonomous logistics robots.
As the only company with a complete line of robots, from industrial to logistics, Nau Robotics enjoys stable sales growth yearly.
Its robots offer both technology and price competitiveness, coupled with user-friendly software.
The company has selected Daishin Securities as the lead underwriter and HI INVESTMENT & SECURITIES as the co-underwriter for its upcoming listing.
Nau Robotics aims to submit a preliminary determination request in H1 2023 and a list of the KOSDAQ market in H2 2023.
Daishin Securities successfully facilitated the Rainbow Robotics and Neuromeka Co listings and has high expectations for Nau Robotics’ KOSDAQ debut.