This article was displayed on the ChosunBiz MoneyMove (MM) site at 3:25 p.m. on Apr. 23, 2026.
Humanoid Robot startup Holiday Robotics is on the verge of becoming a "unicorn." It has effectively wrapped up a new funding round of 150 billion won, securing ChosunBiz IMM Investment as the lead investor. The company's valuation after the funding is understood to be 950 billion won.
According to the investment banking (IB) industry on the 23rd, Holiday Robotics recently finished recruiting new investors in its Series A round. It finalized a plan late last year to raise new funds aimed at expanding production facilities, and it has been about four months since it began full-fledged outreach to financial investors (FI), including major domestic VCs.
Holiday Robotics' fundraising drew attention from the start. In the Series A round, effectively its first full-fledged funding beyond the 17.5 billion won seed round in its founding year of 2024, the company decided to raise 150 billion won. In particular, the company put forward a pre-money valuation of 800 billion won.
IMM Investment, regarded as the largest VC in Korea, took the lead investor role and spearheaded Holiday Robotics' Series A fundraising. At the same time, Atinum Investment and Stonebridge Ventures, which participated in the seed round and are on the shareholder list, are understood to have decided on follow-on investments.
IMM Investment is said to have highly valued Holiday Robotics' capabilities in robot development and manufacturing. The company directly developed robotic hands, tactile sensors, and actuated joints, and it already unveiled its first Humanoid Robot "Friday" in Oct. last year. It plans to begin mass production in July.
Founder and CEO Song Gi-young's record of success also weighed positively on the investment decision. Song founded the startup SuALab, which automated defect inspection on manufacturing lines using machine learning, and demonstrated capability by selling SuALab to U.S.-based Cognex for 230 billion won in 2019.
Holiday Robotics is on the verge of becoming a unicorn just two years after its founding. By raising 150 billion won at an 800 billion won valuation, its post-money value (valuation after funding) will come to 950 billion won. Most major investors, in addition to IMM Investment, have set payment of their investments within the first half.
Holiday Robotics plans to use the newly raised funds to expand production facilities and add staff. In particular, it is building a robot manufacturing plant in Seongsu-dong, Seoul, and after starting full-fledged sales this year, it plans to additionally build a plant in Gyeonggi Province capable of producing 1,000 robots.
A VC industry official said, "In the early stages of the fundraising, some said the company was being overly ambitious, but the fact that it proved mass-production potential beyond the research stage was rated highly," adding, "Before the initial fundraising, it first set its valuation at 1 trillion won, then made a slight adjustment."