Doosan announces $33.7M raise, as it introduces a robotic camera system at CES – TechMac

Doosan announces $33.7M raise, as it introduces a robotic camera system at CES – TechCrunch

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 probably be used to extend analysis and improvement and entice new companions because it appears to be like to increase its world footprint. Doosan additionally notes in a launch that its robotics programs have hit 1,000 items yearly, whereas gross sales outdoors of Korea (primarily North America and Western Europe) now account for roughly 70% of that complete 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 mentioned in a launch. “We’ll additional improve the competitiveness of latest merchandise and software program which are mounted with our proprietary expertise and attempt 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.

Apart from the funding information, the corporate additionally introduced the NINA (“New Inspiration. New Angle”) digicam system. We’d talked about it just a few weeks in the past, after it collected a CES Innovation award, however this week we’re getting extra info on the robotic system, which is due out in March.

The corporate refers to NINA as a “prosumer” system, which possible applies to what’s imagined to be a comparatively push-button strategy to grabbing doubtlessly sophisticated photographs. That arrives partly, resulting from issues like object monitoring, coupled with an open platform that permits customers to program totally different photographs.

“NINA brings in a complete new period for Doosan as we increase our choices into the leisure and content material style,” the corporate’s CEO mentioned in a separate assertion. “Our aim has been to ship one thing accessible but modern for skilled content material creators throughout leisure, promoting, social media, and different related industries, and we’re assured NINA will ship in massive methods throughout the board.”


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