News
Check out what the media is saying about Tesollo.
Robot Hand Specialist Tesollo Begins IPO Process… Selects KB Securities as Lead Underwriter
- Recently completes Series B funding… Aims for technology-special listing after 2027
Korean robot hand specialist Tesollo has officially begun preparations for its initial public offering (IPO) through a technology-special listing.
Tesollo selected KB Securities as its lead underwriter in March and is preparing for an IPO with the goal of listing after 2027.
Tesollo also announced that it recently completed its Series B funding round. Existing shareholders, including POSCO Technology Investment, KB Investment, and Enlight Ventures, participated as follow-on investors, while strategic investors from the industrial sector, including Daesung Hi-Tech and HL Mando, also joined the round. The participation of both follow-on investors and new strategic investors is seen as recognition of the company's technological capabilities and growth potential.
Tesollo has secured technological competitiveness in the fields of industrial automation and humanoid robotics, centered on its multi-joint robot hand "Delto Gripper" series. Based on its proprietary actuator technology, the company has commercialized humanoid robot hands and multi-joint grippers, while also developing grasping and manipulation control algorithms and AI-based hand manipulation technologies to enhance the task performance of robot hands. Building on these technologies, Tesollo is expanding its applications into manufacturing, logistics, and research.
As demand for robot hands capable of precise manipulation continues to grow alongside the expansion of the humanoid robot market, Tesollo is expanding its global business by securing customers in key overseas markets, including the United States, China, and Japan. To date, the company has exported its products to 19 countries, and its overseas sales have recently surpassed domestic sales, marking its transition into a globally focused company.
Young-Jin Kim, CEO of Tesollo, said, "Through our IPO, we aim to establish a corporate foundation that global customers can trust and accelerate our expansion into overseas markets. By strengthening our mass production capabilities and advancing our core technologies, we will continue growing into a global leader in the robot hand industry."
Source: Robot Newspaper (https://www.irobotnews.com)