Korass Robotics Secures KRW 3.5 Billion in Series A Funding
Deal News | Dec 24, 2024 | SJ Investment Partners Co Ltd
Korass Robotics, a key player in the robotics industry, has successfully completed a KRW 3.5 billion Series A funding round, with significant contributions from SJ Investment Partners Co, Ltd. This funding round marks a pivotal infusion of capital intended to accelerate the company's innovation in robotic technologies. The funding demonstrates investor confidence in the potential of Korass Robotics to advance in pioneering automation solutions. SJ Investment Partners, along with Stick Ventures, played a critical role in leading this round, showcasing their commitment to technological advancements in the sector.
Sectors
- Robotics
- Venture Capital
Geography
- South Korea – The article discusses Korass Robotics, a company based in South Korea, and includes investors from the same country.
Industry
- Robotics – The primary focus of the article is on Korass Robotics, indicating the robotics industry's relevance.
- Venture Capital – SJ Investment Partners and Stick Ventures' involvement highlights the venture capital sector's role in funding technological advancements in robotics.
Financials
- KRW 3.5 billion – The total amount raised by Korass Robotics in the Series A funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Korass Robotics | Target Company | Company | A South Korean robotics company receiving Series A funding. |
| SJ Investment Partners Co, Ltd. | Investor | Company | A South Korean private equity firm, leading the funding round for Korass Robotics. |
| Stick Ventures | Investor | Company | A venture capital firm participating in the Series A investment round for Korass Robotics. |