Contoro Robotics Raises $4.7M in Seed Funding

▤ Summary

The round was led by SV Investment with participation from Kakao Ventures, Bass Investment, Future Play, and UT Austin Seed Fund. The company intends to use the funds to accelerate development of robot technology powered by augmented intelligence. This will open a wide range of possibilities for robot usage in a variety of industries such as logistics, manufacturing, and agriculture. Contoro Robotics is currently focused on solving oversea container unloading challenges for warehouse businesses. Last year, the company raised a $1.3 million Pre-seed round led by Village Global, which is backed by industry luminaries such as Bill Gates, Jeff Bezos, and Mark Zuckerberg.

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