Samsung Invests in Autonomous Robot Startup

The funds will be used to accelerate Neubility’s food delivery robot global expansion

Scarlett Evans, Assistant Editor, IoT World Today

March 22, 2023

1 Min Read

Autonomous robot startup Neubility has received $2.3 million in investment from Samsung’s venture investment arm to accelerate global expansion.

This is not the first time a branch of Samsung has expressed an interest in the startup. Its food distribution arm, Samsung Welstory, signed an agreement in September last year to roll out Neubility’s four-wheeled delivery robot Neubie to golf courses in South Korea.

Samsung’s latest funding brings Neubility’s cumulative investments to $23 million. According to CEO Sang-min Lee, Neubility will use the latest funds to “boost its production and expand its services”.

The company has already established a production base in Southeast Asia and plans to enter overseas markets such as Japan, Europe and the U.S.

Pilot deliveries of the company’s self-driving robot Neubie first began in October 2021 for residents and students in Songdo, South Korea, and quickly expanded to downtown districts of Seoul. A collaboration with 7-Eleven was also established as a result of the robot’s popularity.

Neubility is currently working to accumulate data on urban driving experience using Neubie, and its robot as a service platform, NeubieGo, which is used to monitor and manage Neubie.

About the Author(s)

Scarlett Evans

Assistant Editor, IoT World Today

Scarlett Evans is the assistant editor for IoT World Today, with a particular focus on robotics and smart city technologies. Scarlett has previous experience in minerals and resources with Mine Australia, Mine Technology and Power Technology. She joined Informa in April 2022.

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