Sony and JA Mitsui helped provide $15.8m for the Daiwa House-backed logistics technology developer to enhance its AI and robotics-powered supply chain and e-commerce technology.
Japan-based logistics technology provider Ground raised ¥1.71bn ($15.8m) yesterday in a round featuring consumer electronics producer Sony’s Innovation Fund and leasing services firm JA Mitsui Leasing.
Public-private investment partnership Innovation Network Corporation of Japan led the round, providing approximately ¥1bn, according to The Bridge. IMM Investment and its Japanese subsidiary IMM Investment Group Japan also participated, as did an entity called Sapphire Capital.
Ground has developed an innovative technology called LogiTech to address hardware and software issues encountered in the…
