Nichietsu Inc., a robotics startup developing heavy-duty transport equipment such as automatic die change devices, is pleased to announce that it has raised a total of 300 million yen through a third-party allotment of new shares, with underwriters being Abies Ventures Fund II Investment Limited Partnership managed by Abies Ventures Inc., NextG Investment Limited Partnership managed by KSP Inc., and Mizuho Growth Support No. 5 Investment Limited Partnership managed by Mizuho Capital Co., Ltd.
Nichietsu will use the funds raised this time to accelerate the development of AMR mold change equipment for the complete automation of plastic molding factories. Mold change in molding factories requires careful and precise work, which has led to reduced productivity. As factory automation advances, mold transportation and change are one of the areas where automation is lagging behind. In addition, both domestically and overseas, serious accidents caused by mold change frequently occur, calling for improved safety. The AMR mold change equipment dramatically improves mold change setups, realizing the factory of the future where dangerous work is performed by robots.
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The funds raised this time will also be used to increase production capacity for regular type die change devices, for which inquiries are increasing sharply amid a worsening labor shortage. By building a system for increased production and securing human resources, we will establish a system that can quickly respond to customer needs. Nichietsu will promote the development of AMR die change devices and the strengthening of existing businesses in tandem, contributing to safety and productivity improvement in molding factories, and bringing innovation to the molding industry, which is recognized as a mature industry.
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