UTokyo IPC has contributed to a funding round for Telexistence that brought the remote-controlled robotics technology developer’s total funding to $41m.

Telexistence, a US-based remote-controlled robotics technology developer, completed a $20m series A2 round on Tuesday backed by UTokyo Innovation Platform (IPC), a venture arm of University of Tokyo.
The round was led by Monoful, a subsidiary of logistics provider Global Logistic Properties, with additional participation from Airbus Ventures, the investment arm of aerospace manufacturer Airbus, as well as telecoms firm KDDI.
Internet and telecoms group SoftBank’s Deepcore fund also contributed to the round.
Founded in 2017, Telexistence…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.