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Tesollo picks KB Securities for a tech-special KOSDAQ listing as robot-hand sales head past 1,000 units

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Tesollo picks KB Securities for a tech-special KOSDAQ listing as robot-hand sales head past 1,000 units (Illustration by MEKAWIRE)

Korean robot-hand maker Tesollo has appointed KB Securities as lead manager for a technology-special listing and expects cumulative sales of its multi-jointed hands and grippers to pass 1,000 units by the end of 2026, Robot Newspaper (irobotnews) reported on Oct 14; no company release was found, so the details are unconfirmed.

According to the report, Tesollo has moved to a larger plant and built out assembly, inspection and quality control for repeat production, and sells one- to five-finger grippers and hands into factory automation, logistics, AI training and humanoids.

Its backers named in the report include Samsung Venture Investment and POSCO Technology Investment, auto-parts maker HL Mando and Daesung Hi-Tech, which took common shares directly, and Platinum Technology Investment, whose largest shareholder is Jahwa Electronics.

CEO Kim Young-jin said a robot hand becomes an industry only when the same quality can be built and shipped repeatedly. Tesollo is the second Korean dexterous-hand maker in MEKAWIRE's coverage to lean on industrial shareholders this autumn, after AIDIN Robotics' KRW 16 billion round from HD Hyundai Robotics and Samsung Ventures in September.

Good or bad news for the company?

 

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