ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Finance

Developer of SoftBank's Pepper raises up to $56m for new project

Japanese startup Groove X shoots for 2019 release of companion robot

A leading member of the team that developed Pepper has raised additional funding for his latest robot project.

TOKYO -- Groove X, a Tokyo startup launched by a key figure in the development of SoftBank Group's Pepper humanoid robot, said Monday it has signed a contract to raise up to 6.4 billion yen ($56.7 million) through a private share placement.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more