RoboCon

About RoboCon

RoboCon specializes in robotic automation for the construction and steel industries, aiming to innovate a sector that traditionally relies on manual labor. Founded in 2020 by Changwan Ban and headquartered in South Korea, the company develops smart factory solutions to improve efficiency, safety, and quality control in rebar processing and assembly. Ban, who serves as CEO, brings experience from Samsung, Doosan, and PwC, leading a team with backgrounds in construction, steel manufacturing, automation, and robotics from companies like ABB and Staubli.

The company's business model is centered on two main divisions: the Solutions Division, which creates smart factory technologies, and the FAB (Manufacturing) Division, which uses these solutions to produce and supply processed rebar products. Its flagship products are the ARON solution, a robotic system for rebar processing, and the ANTON solution for rebar pre-assembly. These systems are designed to reduce labor requirements by up to 70% and enable 24/7 unmanned operations, addressing issues of labor intensity and safety risks in the field. RoboCon operates its own smart factory in Dangjin, Korea, to supply major construction projects and plans to expand globally.

RoboCon has secured multiple rounds of funding, including a Seed round in January 2021, a Series A of KRW 10 billion in September 2021, and a Series B of $11.2 million in September 2023, from investors such as Samsung Venture Investment. The company collaborates with leading equipment manufacturers like MEP, the top-ranked company in the rebar machinery industry, on technology and marketing. In recognition of its work, the World Economic Forum named RoboCon a Technology Pioneer for 2025.