Floatic Robotics, a warehouse automation startup based in Seoul, has raised $2.6 million (3.4 billion won) in a pre-Series A round led by Be High Investment, with participation from Hyundai Motor Co.’s ZER01NE, Korea Development Bank, and the Industrial Bank of Korea. Naver Corp.’s D2SF also continued its investment in the company.
Founded in 2023, Floatic is developing an automated robotics solution to streamline item storage and retrieval in warehouses and logistics centers. The technology, based on autonomous driving and multi-robot control, is designed to work with existing warehouse management systems, making it affordable for small and mid-sized businesses by eliminating the need for additional infrastructure.
The company plans to commercialize its system this year and is collaborating with domestic fulfillment startups like Techtaka and DoHands. CEO Lee Chan, a KAIST mechanical engineering graduate with experience at Naver Labs and Woowa Brothers, stated the funding will be used to scale the team and solidify Floatic’s position as a leader in logistics automation.
Featured image: Credit: Floatic Robotics
