GROOVE X
Latest round
- Series B
Last raised
- Jun 2019
Total raised
- $80M
Investors
- 10
About GROOVE X
GROOVE X, Inc. develops and manufactures innovative social robots, notably LOVOT, designed to enhance emotional well-being and foster human interaction.Founded in 2015 and headquartered in Tokyo, Japan, GROOVE X, Inc. focuses on creating emotional support robots. The company was founded by Kaname Hayashi, who has a background in robotics.000 mn from NTT DOCOMO on March 15, 2022.GROOVE X specializes in the development and manufacturing of LOVOT, a family-oriented robot that promotes emotional well-being and companionship. LOVOT is marketed primarily in Japan, targeting families, healthcare facilities, and educational institutions.3. The company generates revenue through direct-to-consumer sales and retail partnerships, focusing on their flagship product, LOVOT. The company is also exploring the design and launch of new products aimed at enhancing customer engagement and interaction.
Who invested in GROOVE X
10 investors across 4 rounds
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Questions about GROOVE X
Who invested in GROOVE X?
GROOVE X has 10 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has GROOVE X raised?
GROOVE X has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did GROOVE X last raise money?
GROOVE X's most recent round on record is a Series B, in Jun 2019.
What does GROOVE X do?
GROOVE X is a consumer products company.
Where is GROOVE X headquartered?
GROOVE X is headquartered in Tokyo, Japan.
Which VCs invest in companies like GROOVE X?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back consumer products companies at GROOVE X's stage. Their profiles are linked below.
VCs backing consumer products startups at Series B
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