[press release] Cloud robotics platform company Rapyuta Robotics raises $9.5 million USD

Press release : July 30, 2018

Cloud robotics platform company Rapyuta Robotics raises USD 9.5 million

Press release
July 30th, 2018

Rapyuta Robotics Co Ltd.
CEO Gajamohan Mohanarajah

Rapyuta Robotics (Chuo, Tokyo. CEO: Gajamohan Mohanarajah) announces it has raised USD 9.5 million through new third-party allocation of shares for the following investment institutions:
Japan Co-Invest Limited Partnership (unlimited liability partner: Mitsui Trust Investment Co., Ltd)
Sony Innovation Fund, a corporate venture capital by Sony Corporation (Minato, Tokyo. CEO: Kenichiro Yoshida)
Funds or existing shareholders of JMTC Capital (Chuo, Tokyo. Representative:Japan Material Technologies Corporation. Management executor: Koyu Urata )

<Purpose of this fundraising>
Towards its mission of “Empowering Lives with Connected Machines”, Rapyuta Robotics integrates robots, sensors, and data centers into a central management platform that transforms autonomous technologies into easy-to-use, everyday solutions for enterprise.

The money raised will be used to:
- Leverage feedback from the Early Developer program and first customers to further develop Rapyuta        Robotics’ cloud robotics platform.
- Tailor the platform to meet the needs of specific high demand industries, such as logistics and factory           automation, and strengthen partnerships within these industries 

<About Rapyuta Robotics>
Rapyuta Robotics Co., Ltd. is a global technology company that provides scalable, cloud-based automation solutions. Our cloud robotics platform enables large enterprises to centrally manage different kinds of robots and sensors, without having to control them individually. A university spin-off from the Swiss Federal Institute of Technology (ETH Zurich), we are using state-of-the-art controls research and AI technology to build Japan’s next generation cloud robotics platform.

<Contact about this release>
If you have any inquiries about this release, please contact us by email at: info@rapyuta-robotics.com

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