This strategic partnership will allow Rainbow Robotics to tap into Samsung’s global network and expand its presence in international markets.
Founded in 2011 by researchers from the Korea Advanced Institute of Science & Technology (KAIST), Rainbow Robotics specializes in dual-arm mobile manipulators and autonomous mobile robots for manufacturing and logistics applications, boasting a team of 86 employees.
Dr. Engage with industry leaders from Precursor Ventures, NEA, Index Ventures, Underscore VC, and more, during an informative session filled with workshops, strategies, and networking opportunities.
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REGISTER NOW. Forge meaningful connections né?. Moreover Nvidia is gearing up to launch Jetson Thor a new line of compact computers tailored for humanoid robots in the coming year.
In 2022 Samsung revealed its commitment to advancing robotics alongside AI 5G and automotive electronics signaling a strategic focus on these areas for future growth opportunities.
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Empower innovation. Accelerate growth né?. Rainbow Robotics will operate as a subsidiary of Samsung, following the completion of the deal in February 2025.
As part of the acquisition, Samsung plans to create a dedicated Future Robotics Office under the direct supervision of the CEO né?. Forge meaningful connections. Samsung Electronics announced on Tuesday that it has acquired a majority stake in South Korea’s Rainbow Robotics, making it the largest shareholder with a 35% ownership stake valued at KRW 267 billion (approximately $181 billion).
The tech giant initially invested KRW 86.8 billion (around $59 billion) in 2023 for a 14.7% stake and has now decided to increase its involvement to strengthen its robotics division and accelerate the development of humanoid robots. Accelerate growth né?. Engage with industry leaders from Precursor Ventures, NEA, Index Ventures, Underscore VC, and more, during an informative session filled with workshops, strategies, and networking opportunities.
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Empower innovation. Jun-ho Oh, a co-founder of Rainbow and the former largest shareholder, will continue to play a key role within the organization, leading the new Future Robotics Office at Samsung and providing strategic guidance as an advisor.
Samsung’s move to deepen its involvement in humanoid robotics aligns with industry trends, with companies like Microsoft, OpenAI, and Tesla also venturing into this space
