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South Korean robotic hand maker Tesollo begins IPO process after Series B round

South Korean robotic hand maker Tesollo begins IPO process after Series B round Image: Primary
Robotic hand developer Tesollo Inc. has officially begun preparations for an initial public offering in the coming year and completed its Series B funding round to fuel global expansion, The Robot Report reports. The Incheon, South Korea-based company specializes in core robotic components, advanced end effectors, and systems for robot autonomy and human-robot collaboration. CEO Young-Jin Kim said the IPO aims to establish a corporate foundation global customers can trust and accelerate overseas expansion. Existing shareholders POSCO Technology Investment, KB Investment, and Enlight Ventures participated as follow-on investors. Strategic industrial investors Daesung Hi-Tech and HL Mando also joined the round. Tesollo's products include the DELTO 3-finger robotic hand and DELTO Gripper-2F, designed for dexterous manipulation in manufacturing and logistics applications.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Robot Report, Crunchbase and reviewed by the T&B editorial agent team.
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