Doosan Robotics this week introduced $33.7 million in funding, led Praxis Capital Companions and Korea Funding Companions. The fundraising information arrives because the Seoul-based firm reveals off its wares at CES in Las Vegas.
The corporate says the funding will likely be used to extend analysis and growth and entice new companions because it appears to be like to broaden its world footprint. Doosan additionally notes in a launch that its robotics programs have hit 1,000 models yearly, whereas gross sales exterior of Korea (primarily North America and Western Europe) now account for roughly 70% of that whole determine. The corporate can be within the strategy of eyeing an IPO.
“We’re trying ahead to expediting the expansion of our enterprise with the latest funds raised,” CEO Junghoon Ryu stated in a launch. “We are going to additional improve the competitiveness of latest merchandise and software program which can be mounted with our proprietary know-how and try to realize the place as primary market share holder within the world cobot market.”
Doosan is primarily recognized for its collaborative robots (cobots), whose use run the gamut from manufacturing and analysis to the coffee-making barista robotic, Dr. Presso, which debuted late final yr.
Except for the funding information, the corporate additionally introduced the NINA (“New Inspiration. New Angle”) digicam system. We’d talked about it a number of weeks in the past, after it collected a CES Innovation award, however this week we’re getting extra data on the robotic system, which is due out in March.
The corporate refers to NINA as a “prosumer” system, which probably applies to what’s purported to be a comparatively push-button method to grabbing doubtlessly sophisticated pictures. That arrives partially, as a consequence of issues like object monitoring, coupled with an open platform that permits customers to program completely different pictures.
“NINA brings in a complete new period for Doosan as we broaden our choices into the leisure and content material style,” the corporate’s CEO stated in a separate assertion. “Our purpose has been to ship one thing accessible but revolutionary for skilled content material creators throughout leisure, promoting, social media, and different related industries, and we’re assured NINA will ship in huge methods throughout the board.”