Banseog note · 2026-10-26
A company moving from wearable robots to humanoids
Transition — carrying the motion data built up with the 'WIM' wearable over to the humanoid 'ALLEX'
- In May 2026 the company closed a KRW 95 billion Series B led by JB Investment. Its Series A in March 2024 was KRW 13 billion.
- The walking-assist wearable robot 'WIM' passed 3,000 cumulative units sold within three years of launch, and revenue grew from KRW 560 million in 2023 to KRW 1.3 billion in 2024 and KRW 2.79 billion in 2025.
- Founded in 2021, the company developed the humanoid 'ALLEX' at the Robot Innovation Hub (RIH) on the campus of Korea University of Technology and Education (KOREATECH).
Decisions within a year
- Humanoid 'ALLEX' the company said it will release a research humanoid platform at the end of 2026 and set up a mass-production system for early commercialization by the end of 2027. The Series B funds go mainly to ALLEX development and the production system.
- Physical AI development ecosystem: in June 2026 it released ALLEX simulation models in MuJoCo, Isaac Sim and ROS formats, starting a staged technology-release roadmap. In March it was selected for the second cohort of the AWS, NVIDIA and MassRobotics Physical AI Fellowship as the only humanoid company.
- Wider sales channels a walking-assist wearable robot developed with Coway launched on October 2, 2026 as a rental-only product, and the company said it is pursuing a North American subsidiary in California.
People they will look for
- Humanoid control and robot hand design engineers — supplying the research ALLEX at the end of 2026 and refining precise hand motion
- Mass-production and supply chain engineers — building the production system by the end of 2027 and putting a global supply chain in place
- Overseas business development and partnerships — setting up the North American subsidiary and pursuing sales partnerships in the US, the Middle East and other markets
For hiring managers
Humanoid control and robot hand design talent is also being sought by the robotics units of large Korean companies and by humanoid startups. It is better to secure key control and mass-production leaders before the end of 2026, when supply of the research platform begins.
For job seekers
Joint control experience with wearable robots or collaborative robots, and experience moving from simulation to real hardware (Sim-to-Real), are what this company values most right now.
An analysis written from public sources. Sources: TheElec 2026-05-15 (Series B KRW 95 billion, investors), The Korea Economic Daily 2026-05-15 (WIM cumulative sales, revenue trend, ALLEX schedule, North American subsidiary), Edaily 2026-08-05 (founded 2021), ZDNet Korea 2025-08-18 (ALLEX unveiling, RIH), Digital Daily 2026-06-29 (simulation model release), IT Biz News 2026-03-13 (Physical AI Fellowship), Newspim 2026-10-02 (Coway rental launch).
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