Robomedi Co.,Ltd. announced that it has received KRW 4.3 billion in funding from Robostar Co.,Ltd.
August 19, 2021
Share
Robomedi Co.,Ltd. announced a private placement of 8,600,000 common shares at a price of KRW 500 each for gross proceeds of KRW 4,300,000,000 on August 19, 2021. The transaction included participation from returning investor Robostar Co.,Ltd. through shareholder allocation. The transaction has been approved by the board of directors of the company.
Robostar Co.,Ltd. is a Korea-based company engaged in the manufacture and marketing of industrial robots. The Company provides four categories of products: robots, including Cartesian robots, linear robots, selective compliance assembly robot arm (SCARA) robots, desktop robots, vertical articulated robots and controllers; transfer robots, including wafer transfer robots, flat panel display (FPD) transfer robots, wafer vacuum robots and controllers; prevision stages, including gantry stages, bridge stages, customized stages and airbearing stages, and systems, including electronic parts such as crystal oscillator parts and information technology (IT) device components, as well as small component welders, smoke reducing filters and others. The Company distributes its products within domestic market and in overseas markets.
ROBOSTAR CO., LTD. 
