Unmanned Research Institute Secures Investment from MYSC

Unmanned Research Institute, which operates the unmanned study cafe Ending Study Cafe and the independent shared office Ending Space, announced that it has secured investment from impact investment firm MYSC. The investment amount and company value were not disclosed.

Founded in November 2022, the Unmanned Research Institute currently operates 42 stores nationwide and has accumulated operational data. It has developed an advanced unmanned operation system by applying AIoT, facial recognition entry systems, real-time monitoring, and an AI-based learning management system. Within three years of its founding, the company achieved sales of 2.05 billion won, a 12-fold increase year-on-year, and an operating profit margin of 11.8%. Another notable achievement is its industry-leading 0% store closure rate.

Following its seed investment from Primer last August, the Unmanned Research Institute has once again confirmed its potential for continued growth through this investment. Recently, it expanded its unmanned operation model into the shared office market by opening an Ending Space branch near Hadan Station in Busan.

Ending Space Busan Hadan Station Branch is a space that considers both work concentration and operational efficiency by applying a fully independent structure and soundproofing design, and introducing a motion desk and remote access, heating and cooling, and power control system.

With this investment, the Unmanned Research Institute plans to pursue a strategy of technological advancement and spatial expansion focused on small commercial districts. Investor MYSC explained that it recognized the potential of unmanned operation models to reduce operating costs and revitalize neighborhoods by utilizing idle space and aging buildings in downtown areas.