Novatek discloses KRW7B cumulative funding for PiPER and North America

Jul 14, 2026 · Funding · Novatek / 노바테크 · Warehouse Logistics

Novatek disclosed KRW7 billion in cumulative funding from Hyundai Motor Group ZER01NE, Hyundai Motor Securities’ Mobility Fund and Quantum Ventures Korea.

Novatek / 노바테크 company media
Company media · Novatek / 노바테크

Evidence notes

  • The capital will support PiPER platform development and expansion into North American logistics markets.
  • PiPER coordinates mixed fleets of AGVs, AMRs, autonomous forklifts and humanoids through a single interface.
  • Novatek operates PiPER across about 300 robots at Hyundai’s Georgia Metaplant and about 150 at its Singapore innovation centre.

Company context

Industrial physical-AI software company developing multi-vendor orchestration for mobile robots, autonomous forklifts and humanoids.

Links