According to a press release, the funding round included the Japan Co-Invest Limited Partnership, the Sony Innovation Fund – the corporate venture capital arm of Japanese electronics giant Sony – and existing shareholders of JMTC Capital, also Japanese. In return for their investment, these institutions were allocated shares in Rapyuta Robotics.
Rapyuta Robotics is developing a cloud platform that makes it significantly easier for businesses to deploy robot and drone solutions without the need for in-house robotics expertise. This platform strives to make robotics more accessible for all companies. Rapyuta Robotics will use this fresh capital to continue with the development of the platform, focusing on industries that are expected to have high demand for cloud robotics platforms in the future, which includes logistics and factory automation. The startup is also planning to strengthen partnerships with companies in these industries.
Rapyuta Robotics was founded as a spin-off from the Swiss Federal Institute of Technology in Zurich (ETH) in 2014. Alongside its Zurich office, it is based in Japan and India.
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