# Connected Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/connected-robotics

- Industry: Industrial Machinery
- Headquarters: Tokyo, Japan
- Website: https://connected-robotics.com
- Total disclosed funding: $8.1M
- Latest round: Series A (Jul 3, 2019)
- Investors on record: 6

## About

Based in Japan, Connected Robotics Inc specializes in developing robotic solutions that enhance operational efficiency in various industries, targeting sectors such as retail and logistics.Founded in 2014, Connected Robotics Inc is headquartered in Tokyo, Japan, and focuses on creating autonomous robotic systems for tasks like inventory management and warehouse logistics. The company has completed 8 deals, with its most recent funding round being a Series B valued at JPY 1,100,000,000 on February 28, 2023. Investors in this round included Agribusiness Toshi Ikusei, Hoshizaki, Kikuchi Seisakusho Co., Ltd., Mitsubishi HC Capital, TERAOKA, and Yaskawa Electric Corporation. The current company valuation stands at JPY 6,382,718,000.Connected Robotics specializes in advanced robotic solutions that improve operational efficiency. Their core product line includes autonomous robotic systems suitable for inventory management, warehouse logistics, and delivery services, utilizing cutting-edge navigation technology and artificial intelligence to streamline operations, particularly in sectors where precision and speed are essential.Connected Robotics generates revenue through direct sales of robotic systems and subscription services for software integration and support. Their business model includes B2B transactions where enterprises purchase robotic units and subscribe to maintenance and software support plans, ensuring optimal operation. Their flagship products, especially those for inventory management, make up a significant portion of their sales, catering to both large retailers and smaller enterprises.In February 2023, Connected Robotics raised JPY 600 million in debt financing as part of a larger JPY 1.7 billion equity and debt financing round. This funding will be allocated to recruitment, service development, and business promotion. The company plans to launch new products in the upcoming year and aims to expand its presence in North America and Europe, targeting these markets to enhance service delivery and operational capabilities.

## Funding rounds

- Series A, Jul 3, 2019, $7.8M — Global Brain, Sony Innovation Fund, UTokyo Innovation Platform, Mitsui Fudosan, Coral Capital
- Series A, Aug 14, 2018, $0.3M — Deep30

## Investors

- Deep30 (https://capitalatlas.ai/funds/deep30) — Series A
- Global Brain (https://capitalatlas.ai/funds/global-brain) — Series A
- Sony Innovation Fund (https://capitalatlas.ai/funds/sony-innovation-fund) — Series A
- UTokyo Innovation Platform (https://capitalatlas.ai/funds/utokyo-innovation-platform) — Series A
- Mitsui Fudosan — Series A
- Coral Capital — Series A