Search company, investor...
Neuromeka company logo

Neuromeka

neuromeka.com

Founded Year

2013

Stage

Series D | Alive

Total Raised

$44.27M

Last Raised

$12.13M | 1 yr ago

About Neuromeka

Neuromeka supports automation for small and medium-sized manufacturers using easy-to-use and economic cobots (collaborative robots). Neuromeka’s cobots can cowork with people safely and be programmed easily to apply a variety of applications. Neuromeka is constructing an ecosystem for RaaS (robot-as-a-service) platform business based on cobots which helps small and medium-sized companies to deploy and operate robot automation without in-house robot experts.

Headquarters Location

7, Yeonmujang 5ga-gil, Seongdong-gu 15F

Seoul, 04782,

South Korea

+82-2-1661-0773

Missing: Neuromeka's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Neuromeka's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Expert Collections containing Neuromeka

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Neuromeka is included in 1 Expert Collection, including Robotics.

R

Robotics

1,974 items

This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.

Neuromeka Patents

Neuromeka has filed 9 patents.

The 3 most popular patent topics include:

  • Industrial robotics
  • Industrial robots
  • Robotics
patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/31/2016

8/31/2021

Sensors, Aircraft controls, Control engineering, Aerodynamics, Mechanics

Grant

Application Date

10/31/2016

Grant Date

8/31/2021

Title

Related Topics

Sensors, Aircraft controls, Control engineering, Aerodynamics, Mechanics

Status

Grant

Latest Neuromeka News

Neuromeka: Spearheads Robot-as-a-Service (RaaS) Market

Oct 24, 2022

Neuromeka: Spearheads Robot-as-a-Service (RaaS) Market Share Neuromeka: Spearheads Robot-as-a-Service (RaaS) Market By Kang Kyeong-keun ×   Neuromeka’s cobot automation platform differentiates the firm from its rivals. Expanding out from the small/mid-sized manufacturing arena, the company is now generating earnings from F&B industry supply ventures as well. It plans to marshal funds obtained through an upcoming public offering to expand its production facilities to produce up to 18,000 robot units pa. Leads Korea’s robot-as-a-service (RaaS) market Neuromeka is a collaborative robot (cobot) manufacturer established in 2013. In Sep 2017, it rolled out the Indy 7, launching its flagship cobot series. As of end-1H22, its sales broke down as cobots 56%, logistics robots 3%, robot components 11%, merchandise 1%, and system integration 29%. Having in-house created an automation platform that includes technologies related to safety and teaching, the company stands out from its competitors, which manufacture only hardware. Neuromeka is currently expanding its business scope out from its small/mid-sized products for manufacturing applications (including refrigerator production (press machines), air conditioner production (hood welding technology), and CNC machine tending), to F&B industry clients, including chicken cooking robot supply towards Kyochon and preliminary supply towards Go Pizza (which could possibly generate additional contracts for franchisees and overseas). Plans to expand robot production to 18,000 units pa Leveraging W3bn out of W20.7bn in funding raised via an upcoming public offering, Neuromeka plans to build manufacturing facilities for producing core parts, including 4 types of frameless motors (2023) and 6 types of harmonic/ cycloid reducers (2024). It also aims to invest W7bn of the funds to be gathered through the IPO plus an additional W7bn (follow-up investment) to expand its production facilities so that it can put out 18,000 robot units pa (Indy cobots: 12,000 pa; ICoN co-industrial robots: 6,000 units pa) at its plant #3 in Pohang. Company guidance targets 2023 sales of W23.73bn (+83.4% y-y) and OP of W1.7bn (TTP y-y; OPM of 7.2%). The IPO price band was calculated applying a 2022E P/E of 14.8~17.8x based upon 2025F earnings guidance (discounted by annual rate of 15%). The number of shares for public offering is to total 1.5mn (100% new shares). After listing, 34.2% of the shares will be floated on the market.

Neuromeka Frequently Asked Questions (FAQ)

  • When was Neuromeka founded?

    Neuromeka was founded in 2013.

  • Where is Neuromeka's headquarters?

    Neuromeka's headquarters is located at 7, Yeonmujang 5ga-gil, Seongdong-gu, Seoul.

  • What is Neuromeka's latest funding round?

    Neuromeka's latest funding round is Series D.

  • How much did Neuromeka raise?

    Neuromeka raised a total of $44.27M.

  • Who are the investors of Neuromeka?

    Investors of Neuromeka include DSC Investment, The Wells Investment, ISU Venture Capital, KOLON INVESTMENT, ONE Asset Management and 11 more.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.