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Partnership

Samsung Electronics x Rainbow Robotics (Strategic Investment)

Samsung Electronics announced that it would exercise a call option to raise its stake in Rainbow Robotics to 35 percent and incorporate Rainbow Robotics as a subsidiary, with the stated goal of accelerating future robot development (Samsung Rainbow Robotics announcement).

investment · Active · operating

Track Samsung Electronics x Rainbow Robotics (Strategic Investment)

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806cec1d-9e06-4686-8ad9-020b646006de
Type
investment
Status
Activeoperating
Announced
2023-03-01
3.7 years ago
Active for
3.7 years

Who’s involved

Rainbow Roboticsother

South Korean robotics company developing the RB series Collaborative robot arms for industrial automation. Pioneered the Korean cobot market.

HQDaejeon, South Korearainbow-robotics.com1 partnerships

Most-frequent partners

Samsung Electronicsinvestor partner

Samsung Electronics (KRX: 005930) is a Korean technology conglomerate developing semiconductors, displays, mobile devices, and robotics. Samsung's robotics division produces consumer and industrial robots, and the company makes strategic investments via Samsung Catalyst Fund and Samsung Next.

HQSuwon, South Koreasamsung.com4 partnerships

Most-frequent partners

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Sources (2)

  1. https://news.samsung.com/global/samsung-electronics-to-become-largest-shareholder-in-rainbow-robotics-accelerating-future-robot-development
  2. https://news.samsung.com/sg/samsung-electronics-to-become-largest-shareholder-in-rainbow-robotics-accelerating-future-robot-development

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