RoboRoad Inc. (CEO Nam-ho Kim), a startup developing AI road restoration robots, announced on the 16th that it has secured 200 million won in seed investment from Seoul National University Technology Holdings. This investment builds on RoboRoad's technological prowess and commercialization potential, and is expected to accelerate future technology validation and commercialization.
Roborod is developing an unmanned road maintenance platform that combines an AI-based road pavement control and decision-making system with autonomous road repair robots. This system aims to simultaneously ensure maintenance efficiency and safety by detecting road damage in real time and having unmanned robots automatically perform repair tasks.
Currently, Roborod is participating in the RISE (Regional Innovation System and Education) project in Jeju, preparing for field demonstrations and data enhancement of road restoration robots. Furthermore, Roborod has been selected for the Venture Camp program operated by the Korea Technology Finance Corporation (KIBO), where it is developing a technology commercialization strategy and strengthening its investment attraction capabilities.
This investment by Seoul National University Technology Holdings is expected to contribute to laying the foundation for Roboro's technological advancement and market entry based on these verification and commercialization activities.
Kim Nam-ho, CEO of Roboro, said, “This investment officially recognizes our technological prowess and vision,” and added, “Based on our participation in the Jeju demonstration project and venture camp, we will actively pursue the commercialization of autonomous road restoration robots and their entry into domestic and international markets.”
Seoul National University Technology Holdings CEO Mok Seung-hwan said, “Accidents caused by road damage and potholes are a persistent social burden,” and added, “We believe that Roboroad’s AI prediction technology and unmanned recovery system will be an alternative that can prevent such accidents in advance and reduce social costs.”
Roborod plans to use this investment as a springboard to advance its AI-based technology and commercialize its unmanned road restoration platform.
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