Hitachi Global Life Solutions, Sompo and NTT Docomo provided the cash for the creator of a family companion robot called Lovot, taking its total funding to $128m.

Japan-based robotics technology developer Groove X received ¥2.7bn ($26m) in series B3 funding yesterday from investors including mobile network operator NTT Docomo, insurer Sompo Holdings and conglomerate Hitachi. The round included a $17.3m equity tranche featuring Sompo and Hitachi subsidiary Hitachi Global Life Solutions and $8.7m in debt financing from Japan Finance Corporation first revealed…

The rest of this content is only accessible to Corporate Venturing: News, Data, and Events - Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.