Contoro Robotics, an Austin, TX-based maker of AI-powered trailer and container unloading robots, raised $12M in Series A funding.
Backers included new investors Doosan, Coupang, Amazon Industrial Innovation Fund, and IMM, alongside continued backers SV Investment, KB Investment, Kakao Ventures, and Future Play.
The company, which has raised $22M in total funding, intends to use the funds to scale its fleet of unloading robots, expand into new logistics markets, and launch its AI-driven palletizing system.
Led by Dr. Mok Yun, CEO and Founder, Contoro Robotics makes AI-powered robots, which leverage customer-specific AI models, innovative grasping techniques, and human-in-the-loop oversight to support logistic operations. The company is actively deploying its robots in warehouses, distribution centers, and e-commerce fulfillment hubs. Early deployments have already doubled unloading speed, reduced dependency on manual labor, and saved hundreds of man hours per month for customers facing rising labor costs and operational bottlenecks.
FinSMEs
26/03/2025