Toyota-backed Mirai Creation Investment has co-led a corporate-packed series A round for robotics developer Groove X initially sized at $38.7m.

Japan-based robotics developer Groove X yesterday secured ¥4.35bn ($38.7m) in a series A round backed by consumer electronics producer Amtran Technology and Line Ventures, the investment arm of internet company Line.

Electronic components company Dai-ichi Seiko and cutting tool manufacturer OSG also took part in the round, as did SMBC Venture Capital, the investment subsidiary of financial services provider Sumitomo Mitsui Banking Corporation.

The round was co-led by investment fund Mirai Creation Investment, which is backed by 20 corporates