Event

SoftBank backs Japanese robotics startup Telexistence in $170M funding round

Jul 6, 2023 · Funding · Telexistence Inc. · Logistics

  • Telexistence raised $170M in Series B funding led by SoftBank, totaling $193.5M since its inception in 2017.
  • The startup plans to deploy AI-powered robots in 300 FamilyMart stores and partner with SoftBank Robotics for North American expansion.
  • The financing supports continued product development, deployment scaling, and commercialization of the company's robotics platform.

Develops teleoperation-first robotics systems for retail and logistics, combining real-world robot operations with human-in-the-loop control and autonomy software to execute manipulation tasks at scale.

Segment
Logistics
Event type
Funding
Geography
Tokyo, Tokyo · Japan