HD Hyundai Robotics, the robotics subsidiary of HD Hyundai Group, is engaging with financial investors (FIs) for pre-IPO funding, expecting a valuation of 7-8 trillion won ($4.9-5.5 billion).

It is reported that HD Hyundai Robotics expects a corporate value of at least 7 trillion won in this pre-IPO investment.

HD Hyundai Robotics and the Industrial Bank of Korea (IBK) established a 10 billion won ($7.1 million) fund to support small- and medium-sized enterprises (SMEs) in the adoption of automation ...