Telexistence raises JPY23B ($170M) Series B

Jul 6, 2023 · Funding · Telexistence Inc. · Warehouse Logistics

Telexistence raised $170M in Series B funding led by SoftBank, totaling $193.5M since its inception in 2017.

Telexistence Inc. company media
Company media · Telexistence Inc.
  • Follow-on investors included Monoful Venture Partners, KDDI Open Innovation Fund and Airbus Ventures.
  • New investors included SoftBank Group, the Foxconn-linked HH-CTBC Partnership and Globis Capital Partners.
  • Telexistence paired the financing with a global commercial partnership with SoftBank Robotics Group and a mass-production collaboration with Foxconn.

Develops teleoperation-first robotics systems for retail and logistics, combining real-world robot operations with human-in-the-loop control and autonomy software to execute manipulation tasks at scale.