MAGBOT
MAGBOT (UND Co., Ltd.) is a South Korean industrial robotics company that develops wireless robot automatic tool changers and magnetic grippers powered by proprietary switching magnetic technology, selling primarily to Korean automotive, electronics, and steel manufacturers with planned US, Germany, and China expansion.
- Company typePrivate
- Founded2013
- HeadquartersDaerimildong, South Korea
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What MAGBOT does
MAGBOT (legal entity UND Co., Ltd. / ㈜유엔디) is a South Korean industrial robotics company founded in 2013 and headquartered in Daegu with a manufacturing facility in Gumi. The company develops and manufactures wireless robot automatic tool changers (ATCs) and magnetic grippers based on its proprietary switching magnetic technology — a patented approach that powers magnetic adhesion/detachment using the host robot's 24V power supply with only 0.2-second switching cycles and permanent magnetism retention thereafter. MAGBOT offers twelve ATC models spanning payloads from 1kg to 250kg across the TCS, TCM, TCC, TCV, TCW, and TCK series, alongside magnetic grippers, customized solutions, and the Steel Mac for heavy industrial applications.
The company monetizes primarily through direct hardware sales of ATCs and magnetic grippers to enterprise customers in Korean automotive, electronics, and steel manufacturing, supplemented by system integration (SI) services and customization work. Distribution is direct via [email protected] within Korea, with planned branch offices in the United States, Germany, and China to support international expansion, alongside event-driven demand generation through CES 2024 and the Beijing Robot Exhibition. The company also markets the Magbot Alpha AI Robot Automation Platform targeted at food and beverage service robotics and has stated use cases across logistics, construction, and smart farm verticals.
MAGBOT is privately held, with a single Series A of 2 billion KRW (~US$1.7M) led by VNTG in October 2021 and co-investors including BA Partners, Go.Venture, Innopolis Partners, and the Korea Credit Guarantee Fund. The company has earned consecutive Korea Robot Company of the Year recognitions (2022–2024) and the 2024 IR52 Jang Young-sil Award, but operates with a lean team of 1–10 employees, has not disclosed revenue figures, and derives the majority of its customer base from major Korean industrial buyers without named accounts in public materials.
MAGBOT firmographics
Firmographics- Name
- MAGBOT
- Legal name
- UND Co., Ltd. (주)유엔디)
- Website
- https://magbot.kr
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- MAGBOT (UND Co., Ltd.) is a South Korean industrial robotics company that develops wireless robot automatic tool changers and magnetic grippers powered by proprietary switching magnetic technology, selling primarily to Korean automotive, electronics, and steel manufacturers with planned US, Germany, and China expansion.
- Ownership category
- akta.pro rank
MAGBOT industry classification
Industry- Product category
- Industrial Robot Tool Changers
- NAICS
- Relay and Industrial Control Manufacturing (335314)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Robot Hardware, Actuators & Components (sensors, grippers, motors) (HDAAAIAL)
- akta.pro secondary industries
- Industrial Robots (Articulated, SCARA, Delta, Cartesian) (IMAHAHAA), Industrial & Warehouse Robotics (HDAAAIAA)
Keywords
Where MAGBOT is headquartered
LocationHeadquarters
- HQ city
- Daerimildong
- HQ country
- South Korea
- HQ region
- Asia
Offices2 records
Markets served
MAGBOT business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Robot Automatic Tool Changer Sales: Sale of magbot robot automatic tool changers (ATC) across multiple payload capacities (1kg to 250kg). Product line includes TCS, TCM, TCC, TCV, TCW, TCK series for different industrial applications.
- Magnetic Gripper Sales: Sale of magnetic grippers as part of the robot tool ecosystem.
- Robot Automation SI Solutions: System Integration (SI) solutions providing optimized robot automation for manufacturing, service, and logistics sectors.
- Customization Services: Customized tool changer and magnetic gripper solutions tailored to specific customer requirements.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
MAGBOT product offering
Product offeringCore offering
MAGBOT designs, manufactures, and sells the world's first fully wireless robot automatic tool changer (ATC) using proprietary switching magnetic technology, available in 12 models with payload capacities from 1 kg to 250 kg. The portfolio is complemented by magnetic grippers, Steel Mac (for heavy industrial applications), custom tool/gripper solutions, robot system integration (SI) services, and the Magbot Alpha AI robot automation platform targeted at F&B and franchise service robotics.
Product overview
MAGBOT (주)유엔디 offers a magnetic platform technology portfolio centered on the world's first fully wireless robot automatic tool changer (ATC). The core product line consists of 12 Magbot tool changer models (TCS, TCM, TCC, TCV, TCW, and TCK series) with payloads ranging from 1kg to 250kg, all powered by proprietary switching magnetic technology that uses the robot's 24V power system without requiring separate power. Supporting products include magnetic grippers, custom tool changers, and Steel Mac for heavy industrial applications. The portfolio is unified by switching magnetic technology providing 0.2-second adsorption/desorption with permanent magnetic holding after activation. The company also offers Magbot Alpha AI Robot Automation Platform for service robotics and comprehensive SI solutions for manufacturing, service, and logistics automation across automotive, electronics, steel, logistics, food tech, construction, and smart farm sectors.
Differentiator
Problem solved
Functional benefit
Brands
- Magbot Alpha ATC: Robot automatic tool changer product line
- Magbot Alpha AI Robot Automation Platform
Products and services
- Magbot Robot Automatic Tool Changer (ATC) World's first fully wireless robot automatic tool changer (ATC) using proprietary switching magnetic technology. Enables robots to automatically swap end-effectors for different manufacturing processes with 0.2-second adsorption/detachment cycles. Product line spans 12 models (TCS 1, TCM 1, TCC 1, TCV 1, TCV 2, TCW 1, TCK 30, TCK 50, TCK 100, TCK 150, TCK 210, TCK 250) covering 1 kg to 250 kg payload capacities, all powered by the host robot's 24V@2A supply. Target customers: industrial manufacturers in automotive, electronics, steel, logistics, F&B, construction, and smart farming.
- Magnetic Gripper (마그네틱 그리퍼) Magnetic gripper tool designed to work with the Magbot automatic tool changer system for pick-and-place operations in industrial automation.
- Steel Mac (스틸맥) Steel-specific magnetic tool system for heavy industrial applications in steel and metal processing industries.
- Customization Services (커스터마이징) Customized tool changer and gripper solutions tailored to specific customer manufacturing requirements and production environments.
- Magbot Robot Automation SI Solutions (System Integration)
Quantifiable outcome
- Rapid 0.2-second adsorption (ON) and detachment (OFF) switching cycles
Companies that use MAGBOT
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles2 records
MAGBOT technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature3 records
MAGBOT partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights5 records
MAGBOT competitors and assessment
Company assessmentEmerging players
- OnRobot: Denmark-based provider of end-of-arm tooling for collaborative robots, including grippers and tool changers. Comparable to MAGBOT in addressing small-payload robotic automation but with a stronger cobot focus.
Direct peers
- Schunk: German global leader in robot tool changers, grippers, and automation components. Directly comparable to MAGBOT as both specialize in robotic tool-changing systems serving automotive and industrial automation customers.
- Robot System Products: Swedish manufacturer of robot tool changers, swivels, and grippers for industrial automation. Direct competitor to MAGBOT in robotic tool-changing systems, particularly in European automotive markets.
- Applied Robotics: US-based specialist in robotic tool changers, grippers, and collision sensors. Direct peer to MAGBOT in the robot ATC segment serving automotive and industrial customers.
- Zimmer Group: German manufacturer of grippers, tool changers, and automation components for industrial robots. Direct competitor to MAGBOT in robot end-effector technology with broader product portfolio.
- ATI Industrial Automation: US-based manufacturer of robotic tool changers, force/torque sensors, and end-effectors. Direct competitor to MAGBOT in the robot ATC market, particularly in automotive and industrial automation applications.
Broad incumbents
- KUKA: German global robot manufacturer offering integrated automation solutions including tool changers. Broad incumbent comparable to MAGBOT as both serve industrial automation customers, though KUKA's core focus is full robot systems.
- DESTACO: US-based provider of automation, workholding, and robotic tool changer solutions. Comparable to MAGBOT as a broader industrial automation supplier with ATC products in its portfolio.
- Stäubli Robotics: Swiss broad-based industrial robot and connector manufacturer with tool changer offerings. Comparable as an established global automation supplier with overlapping ATC capabilities, though focused on full robot systems.
Regional players
- Nitta Corporation: Japanese manufacturer of industrial components including pneumatic and robotic tool changers. Comparable to MAGBOT in ATC technology with strong Japanese market presence but less international reach.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
MAGBOT social profiles
Digital presenceMAGBOT financial estimates
Financial estimateRevenue estimate
Valuation estimate
MAGBOT leadership team
Management profileNumber of profiles
Profiles1 record
MAGBOT funding detail
Funding detailFunding overview
Funding rounds1 record
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MAGBOT M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MAGBOT
What does MAGBOT do?
MAGBOT designs, manufactures, and sells the world's first fully wireless robot automatic tool changer (ATC) using proprietary switching magnetic technology, available in 12 models with payload capacities from 1 kg to 250 kg. The portfolio is complemented by magnetic grippers, Steel Mac (for heavy industrial applications), custom tool/gripper solutions, robot system integration (SI) services, and the Magbot Alpha AI robot automation platform targeted at F&B and franchise service robotics.
Is MAGBOT a public or private company?
MAGBOT is a private company. It is classified as venture growth investor backed and is currently operating.
When was MAGBOT founded?
MAGBOT was founded in 2013. It employs 1 to 10 people.
Where is MAGBOT based?
MAGBOT is headquartered in Daerimildong, South Korea, in the Asia region.
How does MAGBOT make money?
Four revenue lines are on record. Robot Automatic Tool Changer Sales are the primary driver. The others are magnetic Gripper Sales, robot Automation SI Solutions and customization Services.
Who are MAGBOT's main competitors?
OnRobot is listed as an emerging player. Direct peers are Schunk, Robot System Products, Applied Robotics, Zimmer Group and ATI Industrial Automation. Broad incumbents are KUKA, DESTACO and Stäubli Robotics. Nitta Corporation is listed as a regional player.
Does MAGBOT have an API?
No public API is recorded for MAGBOT.
What industry is MAGBOT in?
MAGBOT's product category is Industrial Robot Tool Changers. Its primary akta.pro industry code is HDAAAIAL, Robot Hardware, Actuators & Components (sensors, grippers, motors), with a secondary code of IMAHAHAA, Industrial Robots (Articulated, SCARA, Delta, Cartesian). Its NAICS code is 335314 and its SIC code is 3600.