UTokyo Innovation Platform has contributed to a series A round for Connected Robotics, which develops cooking robots for restaurants.
Connected Robotics, a Japan-based developer of robots for the hospitality sector, raised ¥850m ($7.9m) in series A funding on Wednesday featuring UTokyo Innovation Platform, the venture fund of University of Tokyo.
Global Brain led the round, which also featured property developer Mitsui Fudosan and consumer electronics group Sony’s corporate venturing arm Sony Innovation Fund as well as Coral Capital, the venture capital firm that emerged out of 500 Startups Japan.
Founded in 2014, Connected Robotics designs and manufactures robots for restaurants. Its offering includes OctoChef (pictured above), which is capable of cooking food autonomously, and Reita, which dispenses soft-serve ice cream.
The company is also working on a dishwashing robot, a robot to prepare hot snacks in convenience stores and a robot that can cook breakfast, called Loraine. It will use the funding towards the continued development of these three robots, recruitment and marketing.
Connected Robotics…
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
