Doosan Robotics Raises $33.7 million in Funding – The Fast Mode

Doosan Robotics,a South Korea-based developer of collaborativeroboticarms,lastweek announced $33.7 million in funding, led Praxis Capital Partners and Korea Investment Partners.

Funds will be used to expand global sales base and strengthen R&D to attract additional partnerships both global and domestic. The company also plans to pursue an initial public offering (IPO) with the ambition to become a global market leader of cobots in the manufacturing and service fields.

Doosan has demonstrated the company's unprecedented lineup of innovative robotics at the recent CES.Marking Doosan's first-ever entry into the entertainment industry marketplace is the unveiling ofNINA (New Inspiration. New Angle).Designed with prosumer content creators and mid-level enterprises in mind, the innovative camera robot system defines the next generation of motion control through its proprietary user-friendly software, empowering anyone to adopt professional cinematography skills and create production quality content at the highest levels.

The NINA system automatically senses an object and calculates distance, allowing smooth and consistent robotic-assisted filming. Users will be able to pre-test angles by running simulations before actual filming to conserve time and save production costs.

William (Junghoon) Ryu, CEO at Doosan RoboticsNINA brings in a whole new era for Doosan as we expand our offerings into the entertainment and content genre. Our goal has been to deliver something accessible yet innovative for professional content creators across entertainment, advertising, social media, and other relevant industries, and we're confident NINA will deliver in big ways across the board.

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Doosan Robotics Raises $33.7 million in Funding - The Fast Mode