HomeLatestTelexistence raises $170m as labor-strapped retail trade appears to automation

Telexistence raises $170m as labor-strapped retail trade appears to automation

TOKYO, Jul 07 (Nikkei) –
TenderBank Group and Foxconn are amongst these to speculate $170 million in a Japanese startup that makes shelf-stocking robots for comfort shops because the retail trade appears to catch up in automation and labor-saving efforts.

A complete of six events together with enterprise capital agency Globis Capital Partners and KDDI Open Innovation Fund, a enterprise capital agency operated by Japanese telecommunications firm KDDI, invested in Tokyo-based Telexistence, based on Thursday’s announcement.
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