Coupang Invests $84M in Global AI Startups, Partners with Contoro Robotics
Coupang has invested $84 million in AI technology startups globally since 2023, according to Tech in Asia. The company said the investments are part of its strategy to advance AI and automation in global commerce.
As part of this initiative, Coupang is collaborating with Texas-based Contoro Robotics to expand the startup’s AI-powered autonomous robots internationally. The companies are exploring a pilot program for Contoro’s robotic arms at Coupang’s logistics sites in South Korea. Contoro’s robots specialize in unloading boxes from containers and trailers and feature a human-in-the-loop system that combines AI with remote human control.
Coupang’s recent investments include contributions to the SBVA Alpha Korea Fund, Korean robotics firm CMES, U.S.-based Tempo, and a 75 billion won ($51 million) commitment to the SBVA Korea Sovereign AI Fund. The company said these efforts aim to support AI innovation and strengthen technology collaboration between the U.S. and Korea.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Enterprise AI Brief, AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from Enterprise
Oct 16 Goodweek Raises $12 Million for AI Management Platform Oct 16 ALTOUR Unveils AI Platform for Corporate Travel Decisions Oct 16 BOC Group Adds AI Assistant to ADOIT 21 Oct 16 Huawei Brings Upgraded Stellar Network Solution to Europe Oct 16 Element to Manage Waymo's Toronto Fleet for 2028 LaunchMore from Funding
Oct 16 KBRA Rated Anthropic BB+ Before $35 Billion Chip Financing Oct 16 Goodweek Raises $12 Million for AI Management Platform Oct 16 Intuit Agrees to Acquire AI Billing Startup Sequence for Reported $200 Million Oct 16 Matters Raises $5 Million to Build AI Consumer Bank Oct 16 KP Labs raises €4.42 million for AI data processing in orbitAI Funding Brief
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read moreYou may also like
KOSA and MegazoneCloud Showcase 10 Korean AI Companies in Singapore
RobCo Reaches $1 Billion Valuation in Share Deal
D-Robotics Raises $400 Million for Robotics Chips and Software
Kroger Details AI Strategy for Shopping and Store Operations
Destro AI Raises $8 Million for Warehouse Robot Software
Daily AI Brief: the AI news that matters, in your inbox.