TriOrb Inc., a Fukuoka, Japan-based robotics startup, received an investment from Toyoda Gosei Co., Ltd. (TOKYO:7282).
The investment was made in September 2024, through Toyoda Gosei’s Corporate Venture Capital Dept. The amount of the deal was not disclosed.
Established out of Kyushu Institute of Technology in 2023 and led by CEO Shuichi Ishida, TriOrb is developing mobile robots with spheres instead of regular tires to enable smooth omnidirectional movement and software for autonomous mobility to improve productivity on manufacturing floors. By combining mobile robots that can move even in tight spaces or on uneven floor where conventional tires are inappropriate to move, with a variety of robots used in manufacturing sites, the company aims to help solve social problems such as worker shortages and the burden of heavy labor.
Toyoda Gosei has invested in TriOrb with a view to utilizing the company’s technology for higher automation and efficiency of its manufacturing processes.
FinSMEs
01/08/2024