ETH Zurich spinout Rapyuta Robotics has signed up investors including Sony Innovation Fund for a $9.5m cash injection, two years after raising $10m from SBI Investments.

Rapyuta Robotics, a Japan-based cloud-based robotics platform spun out of ETH Zurich, raised $9.5m in funding yesterday from investors including Sony Innovation Fund, an investment vehicle of conglomerate Sony. The round featured JMTC Capital, the corporate venturing division of fabless chemicals and materials company Japan Material Technologies, and Japan Co-Invest Limited Partnership, backed by financial services firm Sumitomo Mitsui Banking Corporation’s Mitsui Trust Investment. Founded in 2014, Rapyuta Robotics is developing a cloud-based platform that exploits artificial intelligence technology to integrate sensors and autonomous robots and control them at scale rather than individually. The money will go towards continued development of Rapyuta’s platform, including a version specifically aimed at industries such as logistics and factory automation, and increased sales resources ahead of a public launch. Rapyuta previously obtained $10m in a series A round led by SBI Investments, a VC arm of financial services group SBI Holdings, in 2016. SBI had already contributed to a $3m seed round in 2015 led by venture capital firm Cyberdyne. The round also featured Fuji Creative, the TV production subsidiary of broadcasting group Fuji Media, and visual communication services provider V-Cube.

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?