Euler Robotics Secures Investment for Advanced Robotic Solutions
Euler Robotics, a Korean startup specializing in unstructured random box palletizing and de-palletizing solutions, has secured investment from the Yoonmin Foundation and the Megastudy-YoonMin-Mark Venture Investment Fund.
Euler Robotics’ “RBS” solution employs cost-effective 3D cameras to enable industrial or collaborative robots to efficiently and stably stack or unload boxes of various sizes into designated spaces. This innovation replaces the repetitive and labor-intensive tasks traditionally done by humans in industries such as parcel delivery, logistics, distribution, and manufacturing, thereby enhancing work efficiency and significantly reducing costs.
The Yoonmin Foundation was established by Son Joo-eun, Chairman of Megastudy, using his personal funds. The foundation aims to invigorate the startup ecosystem and discover creative and innovative young startups through investment projects like Good Starter.
Bongseong Kim, CEO of Euler Robotics, stated, “Starting with RBS, we will continue to develop solutions with new functionalities that existing robots could not provide, and transform into a leading robotics company offering advanced robotic automation solutions.”
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- Euler Robotics
- funding
- investment
- Korea
- Korean startup
- Megastudy-YoonMin-Mark Venture Investment Fund
- RBS
- robot
- robotics
- The Yoonmin foundation
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