ABOUT
- HOME
- ABOUT
MISSION
Bring out humanity’s
full potential through robotics.
VISION
Build trust between humanity and robots,
to create companions for more enriched and secure living.
PHILOSOPHY
NEW X, BESIDE YOU.
The one and only robot in this universe that heals your heart.... It is possible to be loved as your family, partner, or your loved one,
instead of praised just because of its convenience or functionality. GROOVE X pursues to create a robot that touches your heart.
"Does this advancement benefit human beings?"
Message from the CEO
Has technology made people happy? Without a doubt technology has made our lifestyles affluent and enhanced efficiency in many ways. But if you ask if it has really made human beings happy, I believe you will likely find that not many people can answer “yes” with conviction.
The reason why is that along with technological advances we have seen a growing gap between our plentiful lifestyles and our emotional engagement and sense of satisfaction. Groove X has created LOVOT in order to help bridge that gap.
All the more because technological progress has provided us with an abundance of material possessions, we have become increasingly aware that experiences and memories are more important than objects. LOVOT provides something that previous robots have not been able to deliver. With our world-first innovative robot, we believe we have set a new course and taken the first step towards the creation of a new sense of values in which technology itself facilitates emotional fulfillment and caring. In the kind of society that we have in mind, robots for a new age will be able to make people happy while enhancing their performance.
We Want to Invigorate Japan. The Future Envisaged by GROOVE X
GROOVE X would like to become a catalyst for restoring dynamism to Japan in two ways. First, we believe that a Japanese startup that proves able to join the ranks of global players could help reinvigorate Japanese industry as a whole. A startup that makes it big would also encourage adventurous would-be entrepreneurs to take risks, and thereby accelerate new developments in various fields of industry.
Secondly, it should boost financing—the lifeblood of startups—at the global level. Increasing the number of Japanese startups which can earn foreign exchange and achieve a global presence is an important task.
Promotion of reinvigoration of Japanese industry and the appearance of Japanese startups committed to making their mark in world markets could help restore vitality to Japan. GROOVE X has taken the initial step on that road to renaissance.
HISTORY
- Nov, 2015
- GROOVE X, Ltd. established.
- Oct, 2016
- To raise the startup financing level in Japan to the global standard, we became the very first adopter of the convertible equity method (issuance of stock acquisition rights through third-party allotment) which was developed in Silicon Valley as the most appropriate method for capital procurement during the seed period. We raised more than 1.4 billion yen through two rounds of convertible equity.
- Dec, 2017
- We raised 4.35 billion yen in Series A financing, with the Mirai Creation Fund and Innovation Network Corporation of Japan (INCJ) as the lead investors.
- Dec, 2018
- "LOVOT" -- a new home robot that stirs your instinct to love -- publicly unveiled
- Jan, 2019
- Awarded the Best Robot of CES 2019 by The Verge
- May, 2019
- Awarded the Cool Japan Award 2019, sponsored by Cool Japan Association
COMPANY
- COMPANY NAME
- GROOVE X, Inc.
- ADDRESS
- Sumitomo Fudosan Hamacho Bldg.
3-42-3 Nihonbashi-Hamacho, Chuo-ku, Tokyo 103-0007, JAPAN
- DATE OF ESTABLISHMENT
- NOVEMBER 2. 2015
- NUMBERS OF EMPLOYEES
- 121 （As of March. 2024）
- CEO
- Kaname Hayashi
- Business
- Developing “LOVOT”, a new home robot that stirs your instinct to love.