UTokyo IPC has invested approximately 300 million yen in Telexistence Inc. to enhance remote-controlled robotic automation in various industries.

Investment in Telexistence Inc. Announced

The University of Tokyo's Collaborative Platform Development Corporation (UTokyo IPC), based in Bunkyo, Tokyo, and led by President Katsuhiko Oizumi, has decided to invest approximately 300 million yen in Telexistence Inc. (based in Minato, Tokyo), a venture affiliated with the University of Tokyo that aims to automate industries using remote-controlled robots. Telexistence Inc. is helmed by CEO Jin Tominaka.

Target Company Overview

Telexistence Inc. focuses on the automation of various industrial sectors through cutting-edge remote operation technologies. The concept of 'telexistence,' which means remote presence, was proposed by Professor Emeritus Hiroshi Ishiguro from the University of Tokyo 38 years ago and has been under continuous research. Telexistence Inc. has developed the MODEL H, a mass-production prototype that was first unveiled in 2018. With this prototype as a foundation, the company plans to further advance its technology by developing tailored solutions for different industrial applications.

Industry Overview in Japan

Japan is a leading country in the development and integration of robotic technology, with numerous applications across manufacturing, healthcare, and service industries. The Japanese government has been actively promoti