Angel Robotics
Seoul maker of wearable robots for rehabilitation, industrial work and daily mobility, listed on KOSDAQ since March 2024.
Angel Robotics was founded on February 10, 2017 as SG Robotics and took its current name in August 2018. It builds wearable robots under four brands: angel MEDI for rehabilitation, which includes the Angel Legs M20 medical device, angelGEAR for industrial use, angel SUIT for help in daily life and angel KIT for core parts such as motor drivers and smart actuators. It also carries out research contracts for defence wearable robots. Founder Kong Kyung-chul, a mechanical engineering professor at KAIST, led the company until October 2024 and stayed on as board chair and chief technology officer, and Cho Nam-min has been chief executive since then. LG Electronics put KRW 30 million of seed money into the company in May 2017, according to its filings. The company reports a KRW 9.7 billion Series A completed in January 2020, a KRW 18.0 billion Series B in July 2021 and a KRW 10.0 billion Series C in August 2023, with Albatross Investment taking part in all three. It listed on the KOSDAQ technology growth segment on March 26, 2024, issuing 1,648,000 new shares at KRW 20,000 each, with NH Investment & Securities as listing sponsor.
- Latest funding
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- Total funding
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- Latest valuation
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- Founded
- 2017
- Country
- South Korea
- Mar 26, 2024IPO (KOSDAQ public offering)—
- Aug 31, 2023Series C—
- Jul 30, 2021Series B—
- Jan 30, 2020Series A—