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Holiday Robotics raises KRW 155 billion Series A, largest in Korea

Holiday Robotics

Humanoid robotics startup Holiday Robotics announced on the 13th that it has closed a KRW 155 billion Series A round, the largest single-round investment for a Korean startup Series A and for a humanoid robotics company. The funds will be used to upgrade its mass-production system, expand its R&D team to more than 100 people, and build manufacturing infrastructure with annual capacity of more than 10,000 units. Its humanoid robot FRIDAY targets repetitive tasks in manufacturing, with commercialization planned for the second half of this year, production capacity of 100 units per year by 2026 and 1,000 units by 2027, and a near-term goal of lowering the product price to about KRW 100 million.

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