Entries by txadmin

MIT-Japan Program Internship Report: Sophia Cheung

As part of Telexistence’s effort to find the best talent from anywhere on the planet, we work with Master’s and PhD interns throughout the year. Sophia connected with us via the MIT-Japan Program and decided to relocate to Japan for six months to work together. Background: MIT Master’s of Engineering Degree in Mechanical Engineering, MIT […]

Telexistence Raises USD 170M (JPY 23Bn) Series B

Announces new partnerships with SoftBank Robotics Group and Foxconn, accelerating its business expansion in North America and operational capabilities in mass production Telexistence (“TX”) has successfully raised a USD 170M Series B round. In addition to the follow-on investments from the lead investors in previous funding rounds, including Monoful Venture Partners, KDDI Open Innovation Fund, […]

2022 Summer Intern Report: Shreyas Sharma

As part of Telexistence’s effort to find the best talent from anywhere on the planet, we work with Master’s and PhD interns throughout the year. Shreyas reached out to us in June 2022 showing his strong interest in the opportunity to work together. It took us only a couple of weeks to agree that it […]

International Media Response to Telexistence’s Press Release on 300-Store Deployment (Online Media Coverage)

On August 10, 2022, Telexistence issued a press release regarding the installation of TX SCARA into 300 FamilyMart stores across Japan. The press release generated a tremendous response, and within a month of its release, media in at least 27 countries around the world carried the news in more than 80 original articles. In addition, […]

[JOINT RELEASE] Telexistence to Begin Installing AI Robot “TX SCARA” in 300 FamilyMart Stores

Telexistence and FamilyMart today announced the mass deployment of its originally developed AI robot “TX SCARA” and the in-store task analysis system “TX Work Analytics” into 300 FamilyMart stores starting later this month. ■Reducing Store Expenses and Achieving Higher Quality Store Operations with “TX SCARA” and “TX Work Analytics” TX SCARA was created to do […]

Telexistence to Install AI Restocking Robots in 300 Convenience Stores Across Japan; Validation of technology by Japan’s top-tier convenience store chain sets stage for expansion of ‘robot-as-a-service’ solution in the U.S.

Telexistence Inc. today announced the mass production of its originally developed artificial intelligence robot, TX SCARA, to be installed in 300 FamilyMart stores, Japan’s top-tier convenience store chain in major metropolitan areas, starting later this month, validating its AI-based “robot-as-a-service” solution for grocery retailers. TX SCARA was created to do the specific task of restocking […]

Telexistence to Begin Proof of Concept to Introduce Its New Robot into Logistics Facilities; Partnership with Nichirei Logistics and SENKO

Telexistence Inc. (Headquarters: Chuo-ku, Tokyo; CEO: Jin Tomioka; hereafter TX) , Nichirei Logistics Group, Inc. (Headquarters: Chuo-ku, Tokyo; President: Kazushiko Umezawa; hereafter Nichirei Logistics), and SENKO Co., Ltd. (Headquarters: Kita-ku, Osaka; President: Yasuhisa Fukuda; hereafter SENKO) jointly started a proof of concept for the introduction of TX robot to the logistics facilities of Nichirei Logistics and […]

Telexistence raises $20M (22-oku JPY) in Series A2 round of funding. Pioneering an Augmented Workforce Platform with Aims to Transform Retail and Logistics Industries; Expanding Product Development Team

Telexistence Inc. (Headquarters: Chuo-ku, Tokyo; CEO: Jin Tomioka; hereafter “TX”), a leading innovator of remote-controlled robots with artificial intelligence, raised approximately $20M in a Series A2 funding round with multiple investors, led by a group company of Monoful Inc (hereafter “Monoful”). In addition to existing investors – Monoful, Airbus Ventures, KDDI Open Innovation Fund, DEEPCORE […]