Chuo-ku, Tokyo, Japan – Telexistence Inc., a pioneering company in the field of Automation Machinery Manufacturing, is pleased to announce the successful completion of its Series B funding round, raising an impressive $170,000,000. The round was led by renowned investors Airbus Ventures, SoftBank Group Corp., and Globis Capital Partners, demonstrating strong confidence in Telexistence's vision and potential.

Telexistence Inc., founded by visionary entrepreneur Jin Tomioka, is based in Chuo-ku, Tokyo, Japan. The company is dedicated to realizing the concept of "TELEXISTENCE" initially proposed by Dr. Susumu Tachi, Professor Emeritus of the University of Tokyo and the chairman of TX inc. The concept revolves around the idea of enabling humans to exist and act in remote environments, effectively expanding their presence beyond physical limitations, through innovative technological systems.

"We are happy to have secured $170 million in Series B funding," said Jin Tomioka, Co-Founder of Telexistence Inc. "This investment is a testament to the immense potential of Telexistence's groundbreaking technologies and our unwavering commitment to transforming the world. With the support of our esteemed investors, we are poised to accelerate our research and development efforts, bringing us closer to realizing our mission of changing robotics, changing structures, and ultimately changing the world."