Holiday Robotics Receives Record 150 Billion Won Early Investment Amid VC Interest

Humanoid robot startup Holiday Robotics has received the largest early-stage investment ever for a domestic startup.

The humanoid 'FRIDAY' unveiled by Holiday Robotics in the second half of last year. Holiday Robotics

On July 13, Holiday Robotics announced that it had secured a Series A investment of 155 billion won. Existing investors such as Stonebridge Ventures, Atinum Investment, and Intervest participated, while IMM Investment and SL Investment joined as new investors.

Holiday Robotics is developing 'FRIDAY,' a humanoid robot optimized for manufacturing sites. FRIDAY is a wheeled humanoid robot standing 176 cm tall and weighing 115 kg, featuring 64 degrees of freedom, including its head, arms, hands, waist, and wheels. It is designed to work alongside humans in manufacturing environments where repetitive tasks are common.

The company is targeting commercialization in the second half of this year. Holiday Robotics is conducting proof-of-technology (PO) projects with companies in industries with repetitive tasks, such as automotive, semiconductors, and logistics. Through these efforts, the company aims to establish an annual production system for 100 units this year to supply to customers and plans to expand production capacity to 1,000 units next year, thereby increasing the adoption of humanoids across the manufacturing sector.

With the new investment, Holiday Robotics plans to further advance its mass production system and increase its research and development (R&D) workforce to over 100 people. Additionally, the company aims to build manufacturing infrastructure capable of producing more than 10,000 units per year, with the goal of reducing the product price to approximately 100 million won.

Ki Young Song, CEO of Holiday Robotics, stated, "We will first achieve successful commercialization in manufacturing sites to prove the practical utility of humanoids, and in the long term, grow into one of the global top 10 robotics companies."

This content was produced with the assistance of AI translation services.