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    [Pangyo Tech] Plotik completes pre-A investment attraction for logistics automation robot solution

    Provided by - Flotic
    Provided by – Flotic

    Logistics automation robot startup ‘Flotic’ successfully completed attracting investment in the Pre-A series worth 3.4 billion won.

    In this round led by B-Hi Investment, Hyundai Motor Group Zero One, KDB Korea Development Bank, and IBK Industrial Bank of Korea participated as new investors, and Naver D2SF continued to make follow-up investments.

    Flotic is a company developing a robot solution that automates the stocking and shipping process of e-commerce logistics centers. It is a solution using robots and AI technology that can realize automation without building additional infrastructure, so it has strengths in terms of operating and introduction costs.

    Founded in 2021, Plotik has grown by rapidly securing talent with experience in logistics automation and robot development since attracting its first investment from Naver D2SF and Kakao Ventures.

    Currently, Plotik has completed the development of core technologies necessary for efficiency in logistics sites and is currently conducting full-scale MVP testing. We plan to complete the commercialization product within the year and begin business, and are already actively collaborating with several fulfillment startups such as Techtaka and Do Hands.

    “We will use this investment as a stepping stone to aggressively recruit talent and establish ourselves as a robot and AI technology company that can quickly and powerfully solve logistics problems,” said Plottic CEO Lee Chan. “We will show a distinctly different competitive edge in the logistics field.” “He expressed his ambition.

    Ki-yul Park, head of the investment team at BHI Investment, who led this investment, said, “Flotic is a team that is focusing on the needs of the logistics field and creating technological competitiveness quickly and clearly.” He added, “The team’s capabilities are also strengthening day by day, and it will grow even bigger after commercialization.” “I decided to invest with the expectation that this would be the case,” he said, expressing his investment opinion.

    Source:  Pangyo Techno Valley Official Newsroom
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