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The funds will be used to accelerate Neubility’s food delivery robot global expansion
March 22, 2023
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.
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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