SOS Lab Attracts Series B Investments worth 19.3 billion won
SOSLAB has attracted 19.3 billion won worth of Series B investment. The cumulative investment attraction amount is 36.2 billion won.
BNK Investment & Securities, Korea Investment & Securities, Kiwoom Securities, Hanyang Securities, Synergy Ivy, Estee Leaders, NH Hedge Asset Management, and Six Bridge Asset Management participated in the investment
Equity Partners and Ermus Investment invested additionally in Emford.
SOS Lab is a fixed-type lidar developer. a high-resolution 3D-rayer It won the CES2021 Innovation Award by developing and introducing ‘ML’ and was recognized for its excellence in products through the selection of 2021 Gartner Cool Vendor.
It recently co-developed a lidar for mobile robots with Hyundai Motor Group. In addition, it is conducting projects with global conglomerates, startups, and government agencies, and introduced hands-on games using lidar at CES 2022.
SOS Lab is using this investment attraction fund to LIDA It is planning to add facilities for mass-production of products and increase manpower.
Jung Ji-sung, CEO of SOS Lab, said, “The possibilities of LIDA are endless. Now it’s attracting attention in the autonomous driving market
It can be applied to various infrastructures such as smart factories, smart cities, and smart mobility. “We plan to respond to the market while solving technical challenges of LIDA.”