GoleRobotics, a Korea-based developer of autonomous construction robots, has raised KRW 5.7 billion (approximately USD 4.2 million) in pre-Series A funding. The investment was led by SBVA, Industrial Bank of Korea(IBK), Primer Sazze Partners, and KIMGISA LAB.

Originally launched as an in-house venture of POSCO Group, Gole Robotics has successfully garnered substantial government support through programs like ‘DIPS 1000+’, ‘Deeptech TIPS’, and ‘Global TIPS’, securing KRW 2.7 billion (about USD 2 million) over three years. This latest investment underscores the firm’s stable trajectory for continued technology development.

In October, GoleRobotics showcased its technology to major investors and construction companies during a public field test at a construction site in Songdo, Incheon. The event was part of an initiative with the Ministry of Land, Infrastructure, and Transport’s Smart Construction Alliance, highlighting the company’s growing influence in the construction sector. The company is actively expanding its pilot projects with various construction firms.

Focused on reducing construction periods and costs, GoleRobotics employs autonomous robots for night-time material transport at construction sites. The company prides itself on its sophisticated autonomous navigation technology, which is designed around construction blueprints.

Dongmin Lee, CEO of GoleRobotics, commented on the investment: “This successful fundraising is particularly significant given the current challenging economic conditions in Korea.” He added, “With this new capital, we plan to enhance our autonomous lifting robots and expand our offerings into digital services that manage overall construction processes using construction data and generative AI technology.”