Insider Brief
- Tesollo has begun preparations for a South Korean initial public offering after completing an undisclosed Series B funding round.
- The robotic hand developer appointed KB Securities as lead underwriter and plans to pursue a technology-special listing after 2027, with existing and strategic investors participating in the round.
- Tesollo develops multi-jointed robotic hands, grippers and AI-based manipulation systems for humanoid robots and industrial automation, with applications across manufacturing, logistics and research.
Tesollo has begun preparations for an initial public offering in South Korea after completing a Series B funding round.
According to the robotic hand developer appointed KB Securities as lead underwriter in March and plans to pursue a listing through Korea’s technology-special listing track after 2027. The company did not disclose the size of the funding round.
Existing investors POSCO Technology Investment, KB Investment and Enlight Ventures participated in the Series B round, alongside new strategic investors Daesung Hi-Tech and HL Mando.
Tesollo develops multi-jointed robotic hands and grippers for industrial automation and humanoid robots under its Delto Gripper product line. Its technology includes proprietary actuators, grasping and manipulation software and AI-based systems designed to improve robotic hand performance.
“Through our IPO, we aim to establish a corporate foundation that global customers can trust and accelerate our expansion into overseas markets,” CEO Young-Jin Kim said in the announcement. “By strengthening our mass production capabilities and advancing our core technology development, we will continue to grow into a global leader in the robotic hand sector.”
The South Korean company is expanding the use of its products across manufacturing, logistics and research as demand grows for robotic hands capable of more precise manipulation.
Tesollo said it has exported products to 19 countries, including the U.S., China and Japan. Overseas sales have also surpassed domestic sales.
Image credit: Tesollo
