Event

NTT DOCOMO invests JPY 400 million in GROOVE X

Jan 20, 2021 · Funding · GROOVE X · Service

NTT DOCOMO invested JPY 400 million in GROOVE X through a third-party share allotment.

  • NTT DOCOMO subscribed for newly issued GROOVE X shares worth JPY 400 million.
  • The investment accompanied the companies' capital and business alliance.
  • GROOVE X separately reported that its wider financing round reached JPY 2.7 billion, including other equity and debt financing.

GROOVE X develops and manufactures LOVOT, a wheeled companion robot designed for social interaction in homes, care settings and workplaces. Founded in Tokyo in 2015, the company combines expressive behaviour, touch sensing, thermal features, autonomous navigation and cloud-connected learning in a consumer robotic platform.

Company
GROOVE X
Segment
Service
Event type
Funding
Added to Korthos
Jul 18, 2026
Geography
Tokyo · Japan