Telexistence

Overview
News
Retail Industry Robots?
Product stageSegments
Early
?
Inventory management
?

Telexistence is a Japan-based company that develops AI-based remote-controlled robots for the retail and logistics industries. Its models include Model-T (launched in July 2020) and TX SCARA (launched in November 2021). These robots are used to monitor and replenish inventory in retail environments.. Telexistence uses its proprietary AI system, “Gordon,” which employs a self-scanning module to identify product availability on store shelves. The system calculates the optimal gripping point for beverages and generates a path plan for the end-effector, enabling the efficient transfer from gripping to placing. If this automatic method fails, the robots switch to Telexistence mode, allowing employees to control the robots online and complete the required tasks.

Key customers and partnerships

Telexistence introduced its Model-T at the Lawson Model-T Tokyo Port City Takeshiba Store in July 2020. It introduced the TX SCARA model at the FamilyMart METI Store in November 2021. In August 2022, TX started installing TX SCARA robots across 300 FamilyMart Stores in Japan. 

Telexistence entered a strategic partnership with SoftBank Robotics Group (a unit of SoftBank Group) in July 2023 to accelerate its commercialization efforts in North America. It also collaborated with Foxconn in July 2023 to manufacture its upcoming robot model, "Ghost."

HQ location:
Kazama Bldg 3F, 2-19-5 Nishi-shinbashi, Minato-ku, Tokyo, Japan Tokyo JPN
Founded year:
2017
Employees:
101-250
IPO status:
Private
Total funding:
USD 197.4 mn
Last Funding:
USD 159.7 mn (Series B; Jul 2023)
Last valuation:
USD 486.2 mn (Jul 2023)
Key competitors
 
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