LexxPluss expands into US with its warehouse robots
By Editor - Tue Mar 14, 5:25 pm
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When Masaya Aso worked on autonomous driving technology at Bosch in Japan and Germany, he realized that “many tasks were still manual as over 85% of warehouses have almost no automation at all.” To help address the problem, Aso co-founded LexxPluss , a now two-year-old, Japan-based startup that designs and develop autonomous mobile robots to transport loads and optimize workflows within warehouses and logistic sites. Aso, who is CEO of the outfit, co-founded it with robotics and autonomous vehicle veterans from Bosch, Amazon, Honda and more, and now the Japanese outfit is preparing to enter the U.S. with a fresh injection of about $10.7 million (1.45 billion JPY) of Series A funding that values the company at approximately $38.8 million (5.26 billion yen). Drone Fund led the latest financing along with SOSV’s HAX, Incubate Fund, SBI investment and DBJ Capital. LexxPlus initially targeted the logistics and automotive manufacturing spaces because those spaces are actively deploying robots beyond their production lines. Its main customers are in Japan in the logistics and automotive sectors; some of the current automotive components makers have facilities in the U.S., Aso said. It wants to use its existing clients’ relationships to enter the U.S
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LexxPluss expands into US with its warehouse robots
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