# DOOSAN

**Source:** https://www.startuphub.ai/startups/doosan
**Profile type:** Startup

> A South Korean multinational conglomerate with a long history, involved in heavy industry, machinery, and increasingly, AI and robotics.

## About

Founded in 1896, Doosan is one of South Korea's oldest conglomerates, with a diverse portfolio spanning heavy industry, construction equipment, and power generation. In recent years, Doosan has been expanding into AI and robotics, with subsidiaries like Doosan Robotics developing AI-powered collaborative robots and Doosan Mobility Innovation focusing on hydrogen-powered drones.

## Key facts

- **Slug:** doosan
- **Location:** Seoul, South Korea
- **Founded:** 1896-01-01
- **Operating status:** Active
- **Total funding:** $44M
- **Sectors / tags:** Industrial Automation, Robotics, AI, Heavy Machinery, Energy, Semiconductors

## Frequently asked

### What does DOOSAN do?

Founded in 1896, Doosan is one of South Korea's oldest conglomerates, with a diverse portfolio spanning heavy industry, construction equipment, and power generation. In recent years, Doosan has been expanding into AI and robotics, with subsidiaries like Doosan Robotics developing AI-powered collaborative robots and Doosan Mobility Innovation focusing on hydrogen-powered drones.

### What is DOOSAN's revenue?

StartupHub estimates DOOSAN's annual revenue at $5.1M (range $2.1M to $36.9M, 29% confidence), based on comparable companies in the sector.

### What is DOOSAN's valuation?

StartupHub estimates DOOSAN's effective valuation at $169.5M (range $109.8M to $263.4M, 15% confidence), based on comparable companies in the sector.

### How much funding has DOOSAN raised?

DOOSAN has raised a total of $44M in funding. The most recent round on record is Series C.

### Where is DOOSAN headquartered?

DOOSAN is headquartered in Seoul, South Korea.

### When was DOOSAN founded?

DOOSAN was founded in 1896.

### What industry does DOOSAN operate in?

DOOSAN operates in Industrial Automation, Robotics, AI, Heavy Machinery, Energy, Semiconductors.

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