- Region: North America
- Manufacturing and Services
- Equity Investment
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TriOrb develops, manufactures, and sells industrial ball-driven autonomous mobile robots (AMRs) that combine omnidirectional mobility, terrain traversability (including the capability of navigating uneven, sloped, or rough ground), and millimeter-level positioning accuracy. Leveraging proprietary hardware technology originally developed by Kyushu Institute of Technology and advanced software, TriOrb provides automation solutions for industrial environments where conventional AMRs are unable to operate effectively. The company aims to expand its business in the manufacturing markets of Japan and North America.
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The investment will support TriOrb’s global expansion, thereby contributing toward strengthening the international competitiveness of Japanese industry. This investment is also in line with the policies of the Japanese government, such as the Startup Development Five-year Plan, approved by the Cabinet in November 2022, where the government announced its goals that include nurturing startups that aggressively challenge the global market.
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As Japan’s policy-based financial institution, JBIC will contribute toward the development of Japan’s startup ecosystem by supporting the overseas expansion of Japanese startups and promoting collaboration between foreign startups and Japanese companies. This will be achieved through investment activities and support for portfolio companies based on its Startup Investment Strategy.
Note
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For information about the Special Operations, see Announcement on October 3, 2016.
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