Bic Camera, Brother Industries, Hi-Lex, Nac, TIS, Tokai and Towa were among the backers that supplied $32.3m for TUS spinout Innophys' series C funding.

Innophys, a Japan-based robotic exoskeleton spinout of Tokyo University of Science (TUS), has raised ¥3.53bn ($32.3m) in a series C round featuring corporates Bic Camera, Brother Industries, Hi-Lex, Nac, Tokai and Towa Pharmaceutical.
Electronics retailer Bic Camera, electrical equipment maker Brother Industries, industrial parts manufacturer Hi-Lex, property developer Nac, IT services firm TIS, hospital supplies provider Tokai and pharmaceutical company Towa all invested directly.
Investment and financial services group Fidelity International and venture capital firm Future Venture Capital…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.