Telexistence Begins the Trial Operation of its Remote Controlled Robot, Model-T, at a FamilyMart Store. Aims to Realize a New Labor-Saving Store Operation Platform

FamilyMart Co., Ltd. (Headquarters: Minato-ku, Tokyo; President: Takashi Sawada; hereafter FamilyMart) and Telexistence Inc. (Headquarters: Minato-ku, Tokyo; CEO: Jin Tomioka; hereafter “TX”) started trial operations of the TX robot Model-T and Augmented Workforce Platform (hereafter “AWP”) to build a new store operation model using  remote control robot technology.

In this trial operation, the pilot logs into the robot using a VR terminal from the TX office in Toranomon to remotely operate the Model-T installed at the FamilyMart Toshima Ecomusee Town store (Toshima-ku, Tokyo).

With Model-T and AWP, FamilyMart and TX aim to realize a completely new store operation by remoteizing and automating the merchandise restocking work, which requires a large number of labor-hours. As a result, stores can operate with less number of workers and enable them to recruit employees regardless of the store’s physical location. 

As the first step, TX will start remotely operating the restocking of PET plastic beverage bottles from the backyard storage area of the store, which makes up a relatively large portion of the workload in the store, and also verify the restocking speed and accuracy of the robot. Going forward, FamiyMart and TX will continue to expand the items to be handled by the robot to other product categories, such as rice balls, sandwiches and bento boxes, and aim to deploy the Model-T in up to 20 stores franchised by TX by 2022. In the meantime, TX will continue aiming to introduce Model-T to a broader franchise network and eventually cover all FamilyMart stores. 

By introducing Model-T into stores, FamilyMart store staff will be able to work in multiple stores from a remote location, which will help solve challenges around labor shortage and help create new job opportunities. It will also lead to the reduction of human-to-human contact to help prevent the spread of COVID-19. Through this corporate alliance, FamilyMart will seek to further improve the convenience of its customers, reduce the operational burden on store employees and work towards realizing an innovative store operation model for the new era. 

TX develops remote controlled robots with artificial intelligence, with the mission to change robots, change the structure, and change the world. With the remote controlled robots and AWP, TX aims to develop a platform that enables people to provide their workforce regardless of their locations. TX adopts Microsoft Azure for the cloud system to support AWP. 

[FamilyMart Co., Ltd]

Address : 3-1-21 Shibaura, Minato-ku, Tokyo

Representative : Takashi Sawada, President

Founded : July 2, 2001

Website : https://www.family.co.jp/

[Telexistence Inc.]

Address : 2-19-5 Nishi-Shinbashi, Minato-ku, Tokyo

Representative: : Jin Tomioka, CEO

Founded : January 23, 2017

Website : https://tx-inc.com

Positions available at TX : https://tx-inc.com/en/career/

[Inquiries] 

FamilyMart Co., Ltd : PR Department, Tel: +81-3-6436-7670 

Telexistence Inc : Aya Ishikawa, Email:info@tx-inc.com

[Press Kit for News Organizations]

https://drive.google.com/file/d/1M1wac-BfoSiRJs-sSnkBvPLiXC2BTAyX/view?usp=sharing

Telexistence Announces Appointment of Yutaka Matsuo, Professor at The University of Tokyo, as the AI Technology Advisor

Telexistence Inc. (Headquarters: Minato-ku, Tokyo; CEO: Jin Tomioka; hereafter “TX”) today announced the appointment of Yutaka Matsuo, Professor at Graduate School of Engineering, The University of Tokyo, as the AI Technology Advisor.  

Professor Matsuo is an expert in artificial intelligence (especially deep learning) and web engineering. Based on the University of Tokyo, he promotes various research activities with the mission of making a difference in society through R&D, human resource development, and social implementation. He established the Japan Deep Learning Association in 2017 and is working as a chairman to offer information, make recommendations to public institutions and promote international collaboration.

Using master-slave robotics and artificial intelligence, TX aims to spread robots outside the factory and closer to the human realm. In light of this purpose, TX believes it will be a great strength to welcome Professor Matsuo, who is the leading researcher in the most advanced AI research and has a high motivation for practical use of AI in the real world. On the other hand, Professor Matsuo is active in producing internationally successful startups from Japan, and his interest in TX’s efforts led to his appointment.

Comments from Professor Yutaka Matsuo: 

TX’s business is one of the most challenging in the area of ​​robotics and AI, and I honestly think that the success rate from an objective standpoint is 50-50. In other words, TX has brought this highest degree of difficulty into 50-50 possibility within three years of its founding. I think TX has a very high potential. I believe that if TX makes a breakthrough in the remote control robot business, it will not only improve investment value but also change the world. I would like to support TX’s challenges the best I can, mainly from the perspective of technology and talent acquisition. 

Comments from Genki Sano, CTO of TX 

Professor Matsuo is one of the few researchers who deeply thinks about how the Japanese technology industry should grow in order to make a global leap in the field of artificial intelligence from a long-term perspective. In particular, I find it very encouraging that he finds the potential for Japan to lead the world in the field of robot automation using machine learning. I believe that the simulations that refine machine learning as a learning environment and the reinforcement learning approach that uses it, advocated by Professor Matsuo, will definitely be necessary in the future robot industry. I am confident that the appointment of Professor Matsuo as the Advisor will help TX robots to shift from the current remote control to automatic control such as imitation learning by using remote control data. 

Biography of Professor Yutaka Matsuo 

2002 Researcher, National Institute of Advanced Industrial Science and Technology

2005 Visiting Scholar, Stanford University

2007 Associate Professor, Graduate School of Engineering, the University of Tokyo

2012 Editor-in-Chief, Transactions of the Japanese Society for Artificial Intelligence

2014 Chair of ELSI committee, The Japanese Society for Artificial Intelligence

2017 President, Japan Deep Learning Association (JDLA)

2019 Professor, Graduate School of Engineering, the University of Tokyo (to present)

2019 External Board Director, SoftBank Group Corp. (to present)

[About Telexistence] 

TX is a robotics company that develops remote controlled robots with artificial intelligence, with the mission to change robots, change the structure, and change the world. Gathered by high expertise professionals from all over the world, the nationality of employees exceeds 10. The development team consistently develops robotic hardware, software and automation technology in-house. With the semi-autonomous telexistence robots and AWP, TX aims to develop a platform that enables people to provide their workforce regardless of their locations. 

[Positions available at TX] 

[Company Profile]

Company Name : Telexistence inc.

Address : 2-19-5 Nishi-Shinbashi, Minato-ku, Tokyo

Representative: : Jin Tomioka, CEO

Founded : January 23, 2017

Website : https://tx-inc.com

[Inquiries] 

Email : info@tx-inc.com

Contact Name : Aya Ishikawa

Model-T, a Semi-Autonomous Remote-Controlled Robot, to be Introduced to Retail Stores and Aims to Realize Augmented Workforce Platform in the Retail Industry.

Telexistence Inc. (Headquarters: Minato-ku, Tokyo; CEO: Jin Tomioka; hereafter “TX”) today announced the development of “Model-T”, that uses the Telexistence® technology to enable the establishment of Augmented Workforce Platform (hereafter “AWP”) in the retail industry. 

Company and Model-T Introduction Movie:https://youtu.be/ReM6RDxg7-0

Currently, robots (especially industrial robots) are mainly used only in factories of automakers and general electric manufacturers. TX aims to change the situation by introducing Model-T at a low price outside the factories and letting the robot work closer to the realm of human life. In light of this purpose of TX, the name Model-T was born from the Ford Model T, sold by Ford Motor Corporation, which was the earliest affordable automobile manufactured by applying mass production technology. 

Model-T leverages the technical advantages of TX to the full extent and is equipped with (a) highly flexible hardware that enables low-cost production, (b) control software that reduces the error in the movement between the remote operator and the robot, (c) communication control that minimizes the latency in a high-load communication environment using VR, and (d) a robot hand that enables accurate and quick stocking for merchandises of various shapes. 

In the retail industry, TX aims to realize a completely new store operation by remoteizing and automating the merchandise stocking work, which requires a large number of labor-hours and is a heavy burden on humans. Store staff will be able to work safely from anywhere with robots as long as the internet is available.

[Main Features]

  1. Robot

Mounted with 22-DOF joints, the body and arm of the robot enable merchandise stocking work in a small space such as a convenience store, just as humans do. When introduced to stores, it minimizes the modification of the store environment and does not jeopardize the essential economics of the retail business.  

  1. Communication

For Model-T, TX achieved industry’s lowest level* of latency of 50 millisecond** in the end-to-end video transmission between the robot’s camera and the operator’s display. This virtually eliminates the gap between the visual sense and the physical sense, and enables accurate and intuitive operations on fast-moving objects. 

  1. Robot Hand

TX developed “Andrea-Yamaura End Effector”, a specialized robot hand for gripping various shapes of merchandise in retail stores such as convenience stores. This hand is mounted both with vacuum suction and two-finger gripper, which enables stocking work for various merchandise without changing the hand. 

*The industry’s lowest latency using the international standard video encoding method H.265/HEVC for remote-controlled robots (as of July 9, 2020, according to KDDI Research, Inc.). The actual latency varies depending on the communication environment.

**The time, including network delay, from when the image is input to the camera of the robot to when it is displayed on the operator’s display. Millisecond is 1/1000 second.

Model-T will be introduced first in the convenience store industry. Based on the corporate alliance with FamilyMart Co., Ltd., which was announced earlier, Model-T will start an experimental merchandise stocking at one of the FamlyMart stores in Tokyo this summer. Also, as announced by Lawson Co., Ltd., Model-T will be performing merchandise stocking work on a daily basis at the Lawson Model-T Tokyo Port City Takeshiba store.

In the near future, TX will promote the introduction of Model-T to other retail segments such as supermarkets domestically and internationally, in parallel with the deployment to multiple convenience stores. 

[About Telexistence] 

TX is a robotics company that develops remote controlled robots with artificial intelligence, with the mission to change robots, change the structure, and change the world. Gathered by high expertise professionals from all over the world, the nationality of employees exceeds 10. The development team consistently develops robotic hardware, software and automation technology in-house. With the semi-autonomous telexistence robots and AWP, TX aims to develop a platform that enables people to provide their workforce regardless of their locations. 

[Company Profile]

Company Name : Telexistence inc.

Address : 2-19-5 Nishi-Shinbashi, Minato-ku, Tokyo

Representative: : Jin Tomioka, CEO

Founded : January 23, 2017

Website : https://tx-inc.com

[Inquiries] 

Email : info@tx-inc.com

Contact Name : Aya Ishikawa

[Press Kit for News Organizations]

https://drive.google.com/file/d/13BpagV1ehrLb5WGfOj8pAuwAy8cKLEV2/view?usp=sharing

Former Sony and Softbank Robotics America Aya Ishikawa appointed as Chief People Officer

Telexistence Inc. (Headquarters: Minato-ku, Tokyo; CEO: Jin Tomioka; hereinafter “TX”) has appointed Aya Ishikawa as its new Chief People Officer. Aya has extensive HR background with experience working as the Head of Human Resources for companies such as Sony and Softbank Robotics.

In order to further promote business and product development, TX is working to acquire the world’s most talented people in each of its specialized areas, and aims to build an organizational structure that allows the team to continue working on solving difficult problems in a sustainable way. The company highly values Aya’s extensive overseas experience in HR, especially in Silicon Valley’s technology, robotics startups and large corporations. 

After graduating from Keio University’s Faculty of Policy Studies, Aya joins Sony where she experiences a wide range of HR related operations including corporate HR, international HR, next generation executive development, and HR for the global marketing department.

In 2008, she was transferred to Sony Ericsson (company name at that time), where she worked in human resources, at the Sweden headquarters.

Shortly after returning from Sweden, she moved to the United States in 2011 where she joined SoftBank Group in the San Francisco Bay Area, California, where she was responsible for recruiting and human resources for Softbank Group International, the predecessor to the SoftBank Vision Fund. She also served as the Head of Human Resources for SoftBank Robotics America. Since then, she has been involved in organizational design and the launch of human resource functions at technology startups such as Fracta, which develops software to predict the deterioration of water pipes using machine learning, and Simbe Robotics, a company that aims to provide a unmanned product inventory management solution for stores.

[Comments from Aya Ishikawa]

“A Remote control technology that will revolutionize the way we work. Together with a Leadership that shares the common belief that the implementation of this technology will make society better, and continues to take on difficult challenges while inspiring each other’s intellectual curiosity.  I am extremely excited to be joining such a highly talented, diverse team and am highly optimistic of what lies ahead for the company.

I hope to contribute to TX’s growth through reinforcing the company’s culture of challenge by creating processes/structures that helps TX be a place where people can enjoy success and learn from failures by creating an environment that enables them to take risks and take on challenges.”

[Comments from Jin Tomioka, CEO]

“TX envisions to advance the scope and scale of human consciousness through Telexistence to better equip humanity to ask the right questions and reach a higher state of enlightenment.  With this mission in mind, TX has set a series of extremely high milestones, and the only way to  realize those is, regardless of age, nationality, or gender, to attract top talents in every area of expertise, let them stay focused, and reward them based on a fair evaluation system in conjunction with our first organizational principle, “freedom & responsibility”. We’re very pleased to have Aya join our team and also confident that Aya will be able to build the organization mentioned above. She has tremendous experiences in talent management and organizational development in diverse contexts spanning from traditional big corporations, tech enterprises, to robotic startups.”

[About Telexistence Inc.]

TX is a robotics company that develops remote controlled robots with artificial intelligence, with the mission to change robots, change the structure, and change the world. TX aims to develop a platform concept, “Augmented Workforce”, a platform that enables people to provide their workforce remotely, through robots.

[Positions Currently Open]

・Electrical Engineer

 URL:  https://tx-inc.com/en/career/#toggle-id-1

・Frontend Engineer 

 URL:  https://tx-inc.com/en/career/#toggle-id-2

・Senior Backend Engineer

 URL:  https://tx-inc.com/en/career/#toggle-id-3

・Accounting Manager/Financial Controller

 URL:  https://tx-inc.com/ja/career-jp/#toggle-id-4

・Machine Learning, Computer Vision/Image Recognition Engineer

 URL: https://tx-inc.com/en/career/#toggle-id-5

[Company Profile]

Company Name        :  Telexistence Inc.

Location                  :  2-19-5 Nishi-Shinbashi, Minato-ku, Tokyo

Representative        :  Jin Tomioka, CEO

Establishment           :  2017/1/23

Company HP               :  https://tx-inc.com

[Inquiries]

Email:  info@tx-inc.com

Contact name:  Matt Komatsu

Telexistence enters strategic alliance with LeaguerX to start building a foundation for business development in China

Telexistence Co., Ltd. (Headquarters: Minato-ku, Tokyo; CEO: Jin Tomioka; hereinafter referred to as TX) and LeaguerX Entrepreneurial Investment (Shenzhen) Co., Ltd., (Headquarters: Shenzhen, China; representative Xiang Zheng , hereafter referred to as LeaguerX), has established a strategic alliance and will begin to cooperate in building and accelerating TX’s business development in China. LeaguerX is an affiliate organization of Leaguer Group Co., Ltd. (hereinafter referred to as Leaguer Group) which aims to provide customized services to overseas technology companies that seek to build an industrial base in China.

  • Alliance Overview

1. Providing needed resources to build a solid business foundation

LeaguerX, together with Leaguer Group, will provide resources to support TX in areas such as business registration, office opening, and staffing support. In addition to the above, LeaguerX will also provide support in terms of customer introductions, investor introductions, and coordination of resources needed for development.

2. Support around collaborating with government / government-related institutions

As collaboration with the Chinese government and government-affiliated agencies will be essential in China, we will expand our base by strengthening relations through the support of LeaguerX.

3. Considerations around setting up joint ventures and research institution

We will begin to consider establishing a joint venture or research institution between TX and Leaguer Group or other partners recommended by LeaguerX as a long-term perspective.

[About Telexistence Inc]

TX is a robotics company that develops remote controlled robots with artificial intelligence, with the mission to change robots, change the structure, and change the world. TX aims to develop a platform concept, “Augmented Workforce”, a platform that enables people to provide their workforce remotely, through robots.

[About LeaguerX]

LeaguerX is a wholly owned subsidiary of Leaguer Group. It was founded in 2017 in Shenzhen to conduct Leaguer Group’s international collaborations and services. With the resource and intelligent support from Leaguer Group and the Research Institute of Tsinghua University in Shenzhen (RITS), LeaguerX has been continuously providing customized services to support cross-border activities of overseas technology companies and organizations in China. In the meantime, LeaguerX has been working together with professional partners worldwide to enhance the capability and influence of the international innovation network established by Leaguer Group and RITS. Several cross-border acceleration programs and consulting programs have been successfully delivered by LeaguerX since 2017, involving hundreds of technology startups, several top-level professional institutes and enterprises.   

[Company Profile]

Company Name  :  Telexistence Inc.

Location              :  2-19-5 Nishi-Shinbashi, Minato-ku, Tokyo

Representative            :  Jin Tomioka, CEO

Establishment            :  2017/1/23

Company HP             :  https://tx-inc.com

[Inquiries]

Email:  info@tx-inc.com

Contact name:  Matt Komatsu

Former Morgan Stanley and GROOVE X Shintaro Maeda appointed as CFO

Telexistence Inc. (Headquarters: Minato-ku, Tokyo; CEO: Jin Tomioka; hereinafter “TX”) has appointed Shintaro Maeda as its new CFO. Shintaro comes from a extensive finance background. After working at Morgan Stanley for over 10 years, Shintaro joined a robotic startup called GROOVE X, where he led the funding initiatives there, successfully raising 8.5 billion yen in total before joining TX.


( Shintaro Maeda, second from the left )

Since the establishment of the business three years ago, with IPO in-mind, TX has been focusing on further accelerating growth by reinforcing its strategy around finance/business which also includes accounting/corporate governance and has decided to welcome Shintaro Maeda as CFO, who comes with rich experience in this area.

Shintaro graduated from Keio University in 2002 and joined Morgan Stanley Securities (currently Morgan Stanley MUFG Securities) shortly after that. For the past 13 years, he has worked in the Financial Market Development Division where he was responsible for developing financial products for life insurance companies and corporations. After leaving Morgan Stanley Securities in 2016, he joined GROOVE X Co., Ltd., a start-up company that develops family-type robots called “LOVOT”, as the first business-side staff member. From there, he led the 2nd to 4th equity financing rounds where he was able to secure a total of 8.5 billion yen (each of the procurement amounts were 1.16 billion yen, 4.35 billion yen, and 3 billion yen, respectively) . He also played a leading role in the overall optimization of the company during its expansion, specifically in the corporate management and organizational-structuring areas.

[Comments from Shintaro Maeda]

“To be able to operate a robot in a remote place and be able to move and interact with the physical surrounding as if you were actually there – a concept that is still considered to be something from a sci-fi movie or anime, the challenge will be developing that technology in a way that brings the most value to the real world and making that into a scalable business.  I am both optimistic and excited to be apart of a team, as CFO, of such exceptional talent, a group of people who have gathered from all parts of the world to help make the world TX envisions a reality.

My mission will be to drive TX’s sustainable business growth through creating value in areas of financial strategy/business management and to make sure to bring value to our shareholders and stakeholders.”

[Comments from Jin Tomioka, CEO]

“The reality is that even if you combine all the robot manufacturers in the world, the number of robots sold every year does not reach one million units.  Compared to other leading hardware products such as automobiles (100 million units sold), TVs (200 million units sold), and smartphones (350 million units sold), the unit sales of robots is still very small.  At volumes this low, it his hard to expect growth in certain key drivers important for the growth of this field.  Such as growth of talent, creation of new ideas and meaningful technological advancement.  As a result, you have a product that is expensive and sub-optimal for the world outside the factory.

We at TX, want to change this situation by focusing on attracting the top talents in other industries, people like Shintaro, which conventionally do not find there way into the robot industry.  As production volume of robots increase, there will be more opportunities together with better incentives to improve and innovate the design and manufacturing of robots.  This will lead to better performing robots at lower cost, consequently expanding the market, encouraging the industry to further develop.  In this way, as the production increases and cost of production decrease, we aim to achieve the ‘Manufacturer’s Maturity Curve’ early, in the world outside the factory.”

[Shintaro Maeda’s Profile]

2002/4         Morgan Stanley Securities (currently Morgan Stanley MUFG Securities)

2003/5         Lazard Freres K.K.

2004/3         Morgan Stanley Securities (currently Morgan Stanley MUFG Securities)

2016/9         GROOVE X, Inc.

2019/12 Telexistence Inc.

[Positions Currently Open]

・Robotics Cockpit Operation Manager

 URL: https://tx-inc.com/ja/career-jp/#toggle-id-1

・Frontend Engineer

 URL: https://tx-inc.com/ja/career-jp/#toggle-id-2

・Backend Engineer

 URL: https://tx-inc.com/en/career/#toggle-id-3

・Robot Software Engineer (Navigation/Localization)

 URL: https://tx-inc.com/ja/career-jp/#toggle-id-3

[About Telexistence Inc]

TX is a robotics company that develops remote controlled robots with artificial intelligence, with the mission to change robots, change the structure, and change the world. TX aims to develop a platform concept, “Augmented Workforce”, a platform that enables people to provide their workforce remotely, through robots.

[Company Profile]

Company Name: Telexistence Inc.

Location: 2-19-5 Nishi-Shinbashi, Minato-ku, Tokyo

Representative: Jin Tomioka, CEO

Establishment: 2017/1/23

Company HP: https://tx-inc.com

[Inquiries]

Email:  info@tx-inc.com

Contact name:  Matt Komatsu

Telexistence Inc. appoints Takeo Kanade, Professor at Carnegie Mellon University, as Artificial Intelligence Technology Advisor

Telexistence Inc. (Headquarters: Minato-ku, Tokyo; CEO: Jin Tomioka; hereinafter referred to as TX Inc.) has appointed Takeo Kanade as its Artificial Intelligence Technology Advisor. Takeo Kanade is U.A. and Helen Whitaker University Professor at Carnegie Mellon University in the U.S. and is a world-renowned scientist in a wide range of fields including artificial intelligence and robotics.

TX Inc is confident that Dr. Takeo Kanade’s knowledge, experience and network will be crucial for not only the company’s success but also be an essential factor for Japan to again be at the forefront of technology in the world.

In conjunction with the announcement, we have created an advisor’s page on our website. Please find the advisor’s page here, https://tx-inc.com/en/advisor/

Comments from Takeo Kanade:

“I feel confident that by having a product that combines the controllability of robots with a futuristic technology like Telexistence together with a solution that enables implementation of that product into a scene so intimate to everyday human life like a storefront, can be the next breakthrough that shapes our near future. I look forward in seeing TX Inc’s continuous innovation and solid technological advancement. “

Dr. Takeo Kanade, Biography

Takeo Kanade is the U. A. and Helen Whitaker University Professor of Computer Science and Robotics at Carnegie Mellon University in the US, Invited Distinguished Professor, Institute for Advanced Study, Kyoto University, and Senior Advisor at Center for Advanced Integrated Intelligence Research, RIKEN, in Japan. He received his Doctoral degree in Electrical Engineering from Kyoto University, Japan, in 1974. After holding a faculty position in the Department of Information Science, Kyoto University, he joined Carnegie Mellon University in 1980. He was the Director of the Robotics Institute from 1992 to 2001, and a founding Director of Quality of Life Technology Research Center from 2006 to 2012. He also founded the Digital Human Research Center in Tokyo and served as the founding director from 2001 to 2010.

Professor Kanade works in multiple areas of robotics: computer vision, multi-media, manipulators, autonomous mobile robots, medical robotics, and sensors. Dr. Kanade’s name is associated with several well-known systems and algorithms, most notably: the NAVLAB Autonomous Driving Car Project which led to the “No Hand Across America” demonstration in 1995; the Lucas-Kanade optical flow algorithm as one of the most fundamental and widely used algorithms in computer vision; and the EyeVision, a movie Matrix-like replay system used in Super Bowl XXXV, as a then-new currently-popular multi-camera sport media. He is one of the top computer scientists in terms of impact factor (h-index) with his more than 300 journal publications and more than 100 thousand citations.

Professor Kanade has been elected to the National Academy of Engineering, and to the American Academy of Arts and Sciences in the United States, and also designated as a Person of Cultural Merit from Japan. Many awards he received include Kyoto Prize (2016), Franklin Institute Bower Prize (2008), IEEE Founders Medal (2017), ACM/AAAI Allen Newell Award (2011), and IEEE Robotics and Automation Society Pioneer Award (2006), IEEE PAMI-TC Azriel Rosenfeld Lifetime Accomplishment Award (2007), Joseph Engelberger Award (1995), Okawa Award (2007), and Tateishi Grand Prize (2010).

Company:Telexistence Inc.
Address:2-19-5 3F, Nishishinbashi, Minato-ku, Tokyo
Representatives :Jin Tomioka, CEO
Established:January 23, 2017
URL:https://tx-inc.com

<Inquiries>
Email:info@tx-inc.com
URL :https://tx-inc.com

Announcing Series A Funding, and Debt Financing from MUFG Bank

Telexistence Inc. (headquarters: Tokyo, Japan; CEO: Jin Tomioka; hereinafter “TX Inc”) announced today that it has completed its Series A round of financing.

Airbus Ventures led the investment round with participation from existing and new investors, KDDI Open Innovation Fund, Innovation Platform for the University of Tokyo (U Tokyo IPC), DEEPCORE Inc, Monoful Inc. (Group company of GLP Japan), Japan Science and Technology Agency (JST), JTB Corp, Maeda Corporation and Mizuho Capital Co., Ltd.. TX Inc. has also raised debt financing from MUFG Bank.
(Funding amount undisclosed.)

Airbus Ventures Partner, Lewis Pinault will join TX Inc.’s Board of Directors as an external board member.

TX Inc. develops remote-controlled robots, Wings of Liberty, that release humans from physical constraints and corporate activities from revenues’ regressive effects, utilizing Telexistence® technology, robotics, telecommunication, VR, haptics and AI. This round of financing will help the company accelerate its product and business development as well as recruit the best talent on the planet. TX Inc. continues to push the fundamental state of art forward.

  • Comments from investors

Dr. Lewis Pinault, Airbus Ventures Partner in Tokyo remarks, “At Airbus Ventures we’re particularly excited to see this brilliant convergence of all the strengths of the University of Tokyo’s Tachi Lab, the superbly relevant capabilities of our co-investors in telecom connectivity, AI and robotics, and above all the technical and entrepreneurial wherewithal represented by Telexistence’s founders and diverse, richly talented team.”

Airbus Ventures’ CEO Thomas d’Halluin adds, “We’re proud to lead this important round and join the board of a company pioneering the actual commercial deployment of a human/ robotic avatar capability, and we look forward to promoting the many potential Telexistence applications throughout our Airbus mothership network.”

Naohiro Mizumoto, Principal at U Tokyo IPC remarks, “Telexistence, as indicated in the company name, is a concept proposed by Dr. Susumu Tachi, Professor Emeritus of the University of Tokyo 38 years ago, and has been studied for many years. The concept and application of telexistence cover a broad spectrum, however, we believe that the automation application has the potential to transform the current concept of robots, as it has a completely different approach in bringing automation to industries. There are still obstacles to overcome, but together with CEO Jin Tomioka and the team, U Tokyo IPC aims to pursue this quest.”

Eiji Toyokawa , Group Leader at KDDI Open Innovation Fund remarks, “We are very excited to have participated in TX Inc.’s Series A round. KDDI will create new values by promoting co-creation of robotics businesses in the 5G era, together with TX Inc..”

Hiro Watanabe, Manager, Incubation & Investment at DEEPCORE Inc. remarks, “We highly value the capabilities that CEO Jin Tomioka and the TX Inc. team has in technology, product design and business development. DEEPCORE is committed to supporting the company’s mission to solve industry problems through their remote-controlled robots.”

Yosuke Fujioka, President, Monoful Inc. remarks, “We highly value TX Inc.’s remote-controlled robots and its technology, and anticipate this will become a solution for the pressing issue of lack of labor in the logistics field.”

  •  Lewis Pinault Biography

Dr. Lewis Pinault is an Airbus Ventures Partner based in Tokyo, managing the Asia Pacific region, and now joins the board of Telexistence. Previously, Lewis was a NASA researcher, and Financial Institutions Partner at Coopers & Lybrand in Singapore and Hong Kong, beginning his early consulting career at The Boston Consulting Group in Tokyo. His lifelong passions for exploring the oceans and space seeking the most advanced technologies available first brought him to Asia as an engineer and corporate planning analyst with Nihon Kokan. In Japan Dr. Pinault also serves as a director on the board of satellite ground stations innovator Infostellar.

Lewis earned his bachelor of science at MIT, completed his MSc at London School of Economics as a Fulbright Scholar, and was a NASA Space Grant Fellow at the University of Hawaii, where he completed his juris doctorate in international law and planetary geophysics.

Reference: About the Telexistence® technology
Telexistence® is a concept of using a remote robot as his or her extended being, to release humans from space-time constraints. It was first proposed by Dr. Susumu Tachi, Professor Emeritus Professor of the University of Tokyo in 1980. It is an evolutionary form of a master-slave robot system where the operator receives sensor information from the remotely located robot and controls the robot to conduct remote tasks.

It is based on the knowledge, technology and know-how of robotics, virtual reality, telecommunication, human interface, cognitive psychology such as humanoid robot mechanism, control, visual, auditory, tactile sensing, human movement measurement, visual, auditory, tactile presentation to humans and data transmission.

<About Us>
Company :Telexistence Inc.
Address :2-19-5 3F, Nishishinbashi, Minato-ku, Tokyo
Representatives :Jin Tomioka, CEO
:Charith Fernando, CTO
Established :January 23, 2017
URL :https://tx-inc.com

<Inquiries>
Email :info@tx-inc.com

Unveiling a mass production prototype for MODEL H

Telexistence Inc. (Headquarters: Tokyo, Japan; CEO Jin Tomioka, / CTO Charith Fernando; hereinafter TX Inc.) has developed a mass production prototype for MODEL H, that uses remote control technologies utilizing the Telexistence® technology, VR, telecommunication, cloud and haptics.

 

In the current robot industry, FA robots occupy a large market share. However, we have a clear vision to create new markets that utilize the Telexistence® technology, VR, telecommunication, cloud, haptics and AI and to pass down businesses and technologies that would become assets for the next generation. Augmentation of human capabilities and presentation of new connectivity are indispensable for dramatic improvement of human life and sophistication of industries.

 

Features of MODEL H

With commercialization in mind, MODEL H has improved ease of use and durability, shortened boot time and startup time, sophisticated design, proprietary cloud infrastructure and will be mobile and internet-ready.

 

The main specific features are as follows.

Cockpit side (operation side)
・Control computer, infrared 3D location measurement, VR and haptic device in portable case, made significantly compact.
・Modularization of haptic presentation device and improvement of UI / UX

 

Robot side
・Low-latency audiovisual / haptic transmission using the internet
・Mechanical design optimized for mass production
・Exterior design assuming commercialization
・Wheel-enabled mobility to experience moving around remote places
・Significant increase in portable weight
・Battery-powered

 

In addition, TX Inc. will hold events that enable customers to experience the Telexistence® technology-based robot and its remote control capabilities in summer 2018. As part of the initiatives to commemorate the 50th anniversary of the return of the Ogasawara Islands to Japan, we are considering a tour experience of TELEXISTENCE TRAVEL, tourism resources in Tokyo Ogasawara Islands, jointly with KDDI Corporation (Headquarters; Tokyo, Japan; President Makoto Takahashi), our strategic investor, Tokyu Land Corporation (Headquarters; Tokyo, Japan; President Yuji Okuma), that operates urban development with advanced technology in the Takeshiba area, the gateway to the islands, Kajima Corporation (Headquarters; Tokyo, Japan; President Yoshikazu Oshimi) and CiP, Contents innovation Program (Headquarters; Tokyo, Japan; Board Chair Ichiya Nakamura).

 

 

Reference: About the Telexistence® technology
Telexistence® is a concept of using a remote robot as his or her extended being, to release humans from space-time constraints. It was first proposed by Dr. Susumu Tachi, Professor Emeritus Professor of the University of Tokyo in 1980. It is an evolutionary form of a master-slave robot system where the operator receives sensor information from the remotely located robot and controls the robot to conduct remote tasks.

 

It is based on the knowledge, technology and know-how of robotics, virtual reality, telecommunication, human interface, cognitive psychology such as humanoid robot mechanism, control, visual, auditory, tactile sensing, human movement measurement, visual, auditory, tactile presentation to humans and data transmission.

 

【About Us】
Company :Telexistence Inc.
Address :5-4-27 Barbizon104 804, Minami Aoyama, Minato-ku, Tokyo
Representatives :Jin Tomioka, CEO, Charith Fernando, CTO
Established :January 23, 2017
URL :https://tx-inc.com

 

【Inquiries】
Email :yuichiro.hikosaka@tx-inc.com

 

【For Press】
Link : https://tx-inc.com/presskit

NVIDIA “Inception Program” partner selection

Telexistence Inc. (headquarters: Tokyo, Japan; CEO: Jin Tomioka / CTO: Charith Fernando; hereinafter “TX Inc”), providing a new cloud-based solution and service for consumers and industries to control robotics and sensing technology, announced today that it was selected as partner company of NVIDIA – the world’s largest GPU maker – in their “Inception program”. TX Inc. will put the NVIDIA Inception program to good use by accelerating research and development of efficient and low-latency image processing algorithms for cameras used in robotics, and for cloud-based machine learning applications of data accumulated from robots and their human operators.

 

【About NVIDIA Inception program】

Inception nurtures dedicated and exceptional startups who are revolutionizing industries with advances in AI and data science. This virtual accelerator program helps startups during critical stages of product development, prototyping, and deployment.

Every startup gets a custom set of ongoing benefits, from hardware grants and marketing support to training with deep learning experts.

 

【About Telexistence】

“Telexistence” is a concept that was first proposed in 1980 by Dr. Susumu Tachi, Professor Emeritus of the University of Tokyo and the chairman of TX Inc., which refers to the notion of human beings in effect being in a place other than where he or she actually exists and being able to act freely in that remote environment – essentially expanding the presence of human beings – as well as the technological systems that make this possible. In fact, operator remotely manipulates and controls a robot located in other place with visual, auditory and tactile information the robot has.

 

【About Telexistence Inc.】

Company name             : Telexistence Inc.

Headquarters                : Japan

Representatives            : CEO Jin Tomioka / CTO Charith Fernando

Founded                      : January 23, 2017

URL                            : tx-inc.com

 

Contact

mail                            : info@tx-inc.com