Rapyuta engineers $9.5m investment

Jul 31, 2018 •

ETH Zurich spinout Rapyuta Robotics has signed up investors including Sony Innovation Fund for a $9.5m cash injection, two years after raising $10m from SBI Investments.

Rapyuta Robotics, a Japan-based cloud-based robotics platform spun out of ETH Zurich, raised $9.5m in funding yesterday from investors including Sony Innovation Fund, an investment vehicle of conglomerate Sony.

The round featured JMTC Capital, the corporate venturing division of fabless chemicals and materials company Japan Material Technologies, and Japan Co-Invest Limited Partnership, backed by financial services firm Sumitomo Mitsui Banking Corporation’s Mitsui Trust Investment.

Founded in 2014, Rapyuta Robotics is developing a cloud-based platform that exploits artificial intelligence technology to…

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