The total investment amount reached 7 billion won ($5.1 million), of which 5 billion won was provided from the POSCO Holdings strategic fund and 2 billion won from the corporate venture capital (CVC) fund.
Founded in 2015, Brils is known as a leading South Korean system integration (SI) company specializing in automation solutions, holding approximately 110 patents. The company stands out with its automation solutions implemented in the production facilities of major companies such as Hyundai Motor and SK Ecoplant. It is also stated that Brils aims to go public on KOSDAQ within the year.
POSCO Group plans to develop more advanced automated operating systems by combining its production experience and technical know-how with Brils’ robot design and control capabilities. In this context, the goal is to establish a “smart factory” model where humans, artificial intelligence, and robots work together. The group aims to increase the use of customized robots, especially in manual processes that require high labor and carry the risk of occupational accidents.
Prior to this investment, POSCO Group had already supported robotics startups, investing a total of 19 billion won in companies such as Aidin Robotics, Tesolo, Neuromeka, and Persona AI through its venture capital funds and POSCO Technology Investment. Additionally, a further 3 billion won investment was made in the AI semiconductor startup Mobilint.
POSCO Group stated that it will continue to expand the use of robotics and AI-based autonomous processes by aiming to spread the smart factory model across its production facilities and accelerate artificial intelligence transformation throughout the group.
Comments
No comment yet.