Korea-based collaborative robot (cobot) safety technology company Safetics has secured 2 billion KRW (approximately 1.55 million USD) in Series A funding from JB Investment and Honest Ventures.

Using cobots without fences or sensors requires proof that human-robot interactions are safe according to international safety standards, even in collision scenarios. Conducting physical collision tests is both costly and time-consuming.

Safetics has developed and successfully commercialized technology that verifies cobot safety without the need for physical collision tests. Their technology is currently used by domestic certification bodies for cobot installation assessments and safety inspections.

Safetics uses AI to analyze the structure and dynamics of robots, simulating and accurately predicting collision risks. They also consider various human-robot collision scenarios to propose the optimal balance between productivity and safety. With this investment, Safetics plans to further enhance its cobot safety technology and rapidly expand its customer base in both global and domestic markets.

Heonseop Shin, CEO of Safetics, stated, “As the use of robots continues to grow, ensuring both productivity and safety will require essential safety functions. Safetics’ safety verification technology is recognized for its ability to obtain certification from relevant bodies.” He added, “We are gaining significant attention in the global market and are currently working on a joint project with Universal Robots, a leading global cobot company.”

Founded in 2020, Safetics has previously secured early-stage investments from Naver D2SF, Mashup Ventures, and Big Basin Capital.