Blackstone agrees to invest an undisclosed sum in South Korea-based Futronic, which makes actuators used in industrial robots, sources say at a ~$675M valuation (Manuel Baigorri/Bloomberg)
Blackstone is backing Korean robotics actuator supplier Futronic at a reported $675 million valuation, signaling investor interest in robotics hardware supply chains.
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<p><a href="https://www.techmeme.com/260720/p5#a260720p5" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Manuel Baigorri / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-07-20/blackstone-agrees-to-invest-in-korean-robotics-supplier-futronic">Blackstone agrees to invest an undisclosed sum in South Korea-based Futronic, which makes actuators used in industrial robots, sources say at a ~$675M valuation</a></b></span> — Blackstone Inc. has agreed to invest in Futronic, a South Korean supplier of high-precision actuators used in industrial robotics and the automotive sector.</p>
Read at source: https://www.techmeme.com/260720/p5#a260720p5