TWINNY
About
About TWINNY
TWINNY is a South Korean developer of autonomous mobile robots and navigation software for logistics centres and factories. Founded in Daejeon in 2015, it combines mobile platforms with order-picking, parcel-sorting and material-transport workflows. Its NarGo range supports goods movement in large indoor environments, while customized configurations can carry conveyors, lifts, shelves or robot arms to fit production processes.
The company also offers DaruGo, a navigation and fleet-management software layer that can be integrated with other robot platforms and external operating systems. TWINNY’s approach centres on navigation without dedicated route infrastructure such as floor-mounted QR codes. Its business includes repeatable robot solutions and site-specific engineering, connecting autonomous movement with the handling and operational requirements of warehouses and manufacturing customers.
Operations
Orders & commitments
- Order / commitment
2024-07-31 - TWINNY agreed to supply NarGo Order Picking to Yongma Logistics, which planned implementation at its Icheon logistics centre. The announcement does not establish a completed installation. - NarGo Order Picking - Icheon logistics centre
Source
Supply
Supply chain relationships
- Orbbec
Inbound - Perception - NarGo uses an Orbbec camera
Source
Funding
- 2026-09-01 - Pre-IPO - TWINNY closes ₩14.4B pre-IPO financing
TWINNY completed KRW14.4 billion of pre-IPO financing to support overseas expansion and preparations for a KOSDAQ listing. - source: etnews.com
- 2026-03-13 - Series C - ATO leads KRW20.4B Series C financing for TWINNY
The announcement reports about KRW59 billion raised cumulatively, distinct from this single round. - source: zdnet.co.kr
- 2026-03-05 - Strategic investment - Twinny raises KRW 3B strategic investment from Seojin Automotive and Investor United
source: mt.co.kr
- 2021-06-10 - Series B - TWINNY completes KRW17 billion Series B
Proceeds support development hiring, sales recruitment and overseas channel preparation. - source: news.nate.com
- 2019-12-25 - Series A - TWINNY announces KRW4 billion Series A
The financing supports robot production and performance research. - source: etnews.com
Investors
- ATO Investment - Lead - Angel / Individual - 2 funding events - repeat backer - first seen 2026-03-13 - latest 2026-09-01
- KT Investment - Participant - Angel / Individual - 2 funding events - repeat backer - first seen 2019-12-25 - latest 2026-03-13
- Seojin Automotive - Participant - Strategic Industrial - 2 funding events - repeat backer - strategic/corporate - first seen 2026-03-05 - latest 2026-03-13
- Aegis Investment Partners - Participant - VC - 1 funding event - first seen 2021-06-10
- ATO Management - Participant - Angel / Individual - 1 funding event - first seen 2026-09-01
- DS Asset Management - Participant - Unknown - 1 funding event - first seen 2026-09-01
- Gravity PE - Participant - Angel / Individual - 1 funding event - first seen 2026-03-13
- Harang Technology Investment - Participant - Unknown - 1 funding event - first seen 2021-06-10
- Hyundai Motor Securities - Participant - Corporate / CVC - 1 funding event - strategic/corporate - first seen 2021-06-10
- IBK Capital - Participant - VC - 1 funding event - first seen 2021-06-10
- Investor United - Participant - Angel / Individual - 1 funding event - first seen 2026-03-05
- Log Investment - Participant - Angel / Individual - 1 funding event - first seen 2021-06-10
- Mirae Asset Securities - Participant - Unknown - 1 funding event - first seen 2021-06-10
- Neoplux - Participant - Unknown - 1 funding event - first seen 2019-12-25
- Pentastone Investment - Participant - Angel / Individual - 1 funding event - first seen 2021-06-10
- SL - Participant - Unknown - 1 funding event - first seen 2026-03-13
- T Investment - Participant - Unknown - 1 funding event - first seen 2019-12-25
- YG Investment - Participant - Angel / Individual - 1 funding event - first seen 2021-06-10
Team
- Youngseok Cheon - Co-founder & Co-CEO - Co-leads the company’s management and commercialization of autonomous mobile robots.
- Hongseok Cheon - Co-founder & Co-CEO - Co-leads TWINNY’s autonomous-navigation and mobile-robot development.
Resources
Curated durable documents and official technical references.
- Autonomous mobile robot product catalog
PDF · AMR portfolio; English · TWINNY
Source - Logistics automation solutions leaflet
PDF · NarGo order-picking solution; English · TWINNY
Source - Sorting solution leaflet
PDF · NarGo sorting solution; English · TWINNY
Source - DaruGo autonomous navigation software leaflet
PDF · Navigation software; English · TWINNY
Source
Timeline
Events
- 2026-10-16 - Partnership - TWINNY and The Prime Group sign unmanned-forklift commercialization MoU
The initial focus is moving floor-level pallets between locations inside logistics centres. The Prime Group contributes process analysis, automation-line design, equipment implementation and operational integration. Project roles, scope and implementation conditions will be defined through separate agreements.
Source - 2026-09-01 - Funding - TWINNY closes ₩14.4B pre-IPO financing
ATO Investment, ATO Management and DS Asset Management participated alongside two professional investors. Participation comprised approximately ₩4.9 billion from ATO Investment, ₩2.5 billion from ATO Management, ₩5 billion from DS Asset Management and ₩1 billion from each professional investor. The financing is private pre-IPO capital; no IPO valuation or public-market value is inferred.
Source - 2026-03-13 - Funding - ATO leads KRW20.4B Series C financing for TWINNY
ATO Investment led, with KT Investment, SL, Gravity PE and SECO Seojin Automotive participating. The announcement reports about KRW59 billion raised cumulatively, distinct from this single round. The company plans broader navigation-software applications and a KOSDAQ listing; these remain plans.
Source - 2026-03-05 - Funding - Twinny raises KRW 3B strategic investment from Seojin Automotive and Investor United
Seojin Automotive announced a KRW 1.5B RCPS investment in Twinny, with affiliate Investor United joining for a total KRW 3B strategic investment The deal is tied to an MOU to build OEM robot mass-production capacity for Twinny-designed autonomous robots The partnership also covers manufacturing optimization, joint development, and overseas go-to-market support
Source - 2025-01-07 - Partnership - TWINNY and TeamFresh announce logistics-automation MoU
TeamFresh planned to introduce NarGo Order Picking at its Dongicheon logistics centre. The parties intended to extend the solution to other domestic sites and a Japanese facility. The agreement concerns planned automation and tailored picking workflows; the release does not establish completed rollout or measured productivity gains.
Source - 2024-07-31 - Commercial Order - TWINNY agrees to supply NarGo Order Picking to Yongma Logistics
TWINNY agreed to supply NarGo Order Picking to Yongma Logistics for its Icheon logistics centre. The solution assists workers using product information on the robot screen and barcode confirmation. The July 2024 announcement describes planned implementation; it does not establish a completed installation or operating fleet.
Source - 2023-10-13 - Partnership - Twinny and Hankook Engineering Works sign partnership to jointly develop autonomous robots
Twinny announced a strategic business agreement with Hankook Engineering Works to advance autonomous robot development The partnership covers joint robot development, supply-chain and mass-production coordination, and channel expansion The companies said they would target broader deployment across factories, logistics centers, and related facilities
Source - 2021-06-10 - Funding - TWINNY completes KRW17 billion Series B
Named investors include Mirae Asset Securities, Log Investment, IBK Capital and YG Investment. Proceeds support development hiring, sales recruitment and overseas channel preparation. The separately reported cumulative capital of over KRW23 billion is not this round’s amount.
Source - 2019-12-25 - Funding - TWINNY announces KRW4 billion Series A
Neoplux, KT Investment and T Investment participated; no lead investor was identified. The financing supports robot production and performance research. December25 is the announcement date; historical profiles place the financing within2019 without a consistent closing month.
Source
Relations
Relationships
- TeamFresh
Partner - TWINNY and TeamFresh cooperate on logistics automation using NarGo Order Picking, beginning with planned implementation at Dongicheon.
Context
Context tags
- Warehouse AMR builder - Peer Group - Official NarGo AMR portfolio and order-picking/material-transport workflows: https://twinny.ai/en/company and https://twinny.ai/eng_main
Commercial
- TWINNY agrees to supply NarGo Order Picking to Yongma Logistics
2024-07-31 · Order / contract
Source