TOKYO -- SoftBank Group and Foxconn are among those to invest $170 million in a Japanese startup that makes shelf-stocking robots for convenience stores as the retail industry looks to catch up in automation and labor-saving efforts.
Telexistence raises $170m as labor-strapped retail industry looks to automation

The robot developed by Telexistence automatically stocks store coolers with beverages. (Photo courtesy of Telexistence)
TOKYO -- SoftBank Group and Foxconn are among those to invest $170 million in a Japanese startup that makes shelf-stocking robots for convenience stores as the retail industry looks to catch up in automation and labor-saving efforts.