Robotom selected 'Tips'

Robotom (CEO Se-yong Yoon and Hee-jin Kang), a robotics housing solution company based on AIoT (Artificial Intelligence Internet of Things), announced on the 17th that it was finally selected for TIPS, a private investment-led technology startup support program. Robotom attracted seed investment from Mashup Ventures, Commax Ventures, and Xplo Investment last year.

TIPS is a program that discovers and intensively fosters startups with technologies that will lead the global market, and provides R&D funds of 500 million won for two years to selected companies. Through this, it helps start-up companies develop technologies and enter the market.

Robotom is the only robotics residential solution company in Korea that has developed a Roboterior solution that maximizes space utilization by utilizing AIoT and robotics technology. It was selected for this TIPS in recognition of the completeness and stability of its smart home module system and AI-based monitoring technology.

After being selected for this TIPS, Robotom plans to standardize robotics smart home operation and control systems to simplify installation and maintenance, and to further enhance stability by introducing a real-time safety and failure monitoring system.

Robotom CEO Yoon Se-yong said, “We will continuously improve the user experience by advancing our core technologies and accelerate our expansion into domestic and international markets by attracting additional investment.” He added, “We will grow into an innovative company that sets a new standard for housing by cooperating with construction companies and real estate developers.”

“The Robotom team has a high level of understanding of the industry, as they have experience in both construction sites and Silicon Valley proptech startups,” said In Sang-hyeok, a partner at Mashup Ventures, which made its first investment in Robotom. “They are continuing to grow rapidly, and we have high expectations for their future endeavors.”

In addition, Commax Ventures senior judge Kim Byeong-hee said, “Robotom is evaluated as a company that will flexibly change living spaces and innovate the future paradigm of smart homes,” and “We expect to create business and technological synergy through cooperation with Commax, an affiliate leading the smart home and home IoT market.”

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