TOKYO -- South Korean robot artificial intelligence startup RLWRLD has raised 2.1 billion yen ($14.7 million) in a fundraising round, the company announced on Tuesday.
The company issued convertible bonds -- debt securities that can be changed into stocks -- that were purchased by South Korean venture capital companies and Tokyo-based Global Brain. The funds will be used to expand RLWRLD's research team and improve its research facilities.
.JPG?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
