The Invention Lab (CEO Jinyoung Kim), an early-stage startup investment firm and operator of TIPS, announced on the 7th that it will work with the Korea Robot Industry Association (Chairman Jinoh Kim) and Kwangwoon University Technology Holdings (CEO Hoseon Han) to establish a public-private partnership to discover and scale up robotics startups. To this end, the three organizations are currently discussing the formation of a robotics early-stage fund.
This fund aims to discover promising startups across all areas of robotics, including manufacturing robots, service robots, collaborative robots, humanoids, and physical AI solutions, and to promote domestic and international growth through collaborations with TIPS and DeepTech TIPS.
The Invention Lab, which is participating as a joint operator, has been operating an investment-linked open innovation program with companies such as Woomi Construction, Aju Group, Kookbo Design, X-Alliance, and Hizen RNM, and has experience in executing early-stage investments in various robotics startups such as Tesolo, Kalman, Geo Robot, and H-Medic Gear.
Another co-operator, Kwangwoon University Technology Holdings, is discovering startups based on its network of universities specializing in robotics technology and supporting the growth of early-stage technology startups through a support system focused on technology commercialization and commercialization.
Through this collaboration, the Korea Robot Industry Association plans to establish an open innovation structure that simultaneously connects investment and technological and business collaboration between its member companies and startups. Association officials stated that they plan to pursue various initiatives to strengthen the robotics industry ecosystem, including investment promotion, joint technology development, distribution cooperation, and global expansion, similar to the case of MassRobotics in the United States.
- See more related articles
You must be logged in to post a comment.