Closing Series B fund round with SBI Group and Sony Group Corporation

Ascent Robotics has raised 1 billion yen through a third-party allotment to SBI Group and Sony Group Corporation in its Series B funding round

Purpose of the Fundraising:

With this funding, we will work on the development of intelligent robot systems that utilize the advanced AI technology to meet the growing trend of further automation in the logistics field on a global scale due to the impact of COVID-19. In addition, we will invest in the development of various sensing technologies for ‘Digital-Twin’, which is rapidly gaining momentum in the market. At the same time, we will accelerate the hiring of exceptional engineers from within Japan and overseas, aiming to further strengthen our development capabilities.