Securing up to 700 million won in funds AI-based smart warehouse advancement speed
· Source: mk.co.kr
In short
Novlogis, an AI-based luggage storage and logistics automation startup, has been selected for the TIPS program by the Ministry of SMEs and Startups, securing up to 700 million won in government support. The company will use these funds to advance its AI-based logistics automation systems, including an AI-based logistics loading prediction and quotation automation integration system. Novlogis aims to implement an advanced smart warehouse that can achieve up to 200% floor area ratio compared to existing systems.
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In the issue of week 44, 2025: Agentic AI Drives Unmatched Productivity and Resilience in Supply Chains
Tags: warehouse, automation, storage, logistics, AI, loading