Friday, 7 July, 2023

SoftBank Invests $170M in Japanese Robotics Startup Telexistence

SoftBank has announced its backing of Telexistence, a Japanese robotics startup, in a funding round that secured $170 million. Telexistence specializes in creating remote-controlled robots that can perform tasks in various industries, such as retail and food service. With the new investment, Telexistence aims to further develop its robotic technology and expand its presence in the market.