Mabuchi Motor Co., Ltd. has invested in CuboRex Inc. Accordingly, the startup company develops, manufactures, and sells automated guided vehicles (AGVs) and other types of vehicles for logistics and industrial use.

Typically, CuboRex robots employ brushless motors manufactured by Mabuchi Motor. Thus, the two companies will hold future discussions and work together in developing new products.

Increased Funding

CuboRex has now raised a total of ¥250 million through third-party allocation of new shares to multiple underwriters, including Mabuchi Motor and DRONE FUND No. 3 Investment Limited Partnership.Aside from Mabuchi Motor, other companies that chipped include Reazone Holdings Co., Ltd., United Co., Ltd., NOBUNAGA Capital Village Co., Ltd., ASA Advisory Co., Ltd., MIRAISE, and several individual investors.

In addition, CuboRex has raised approximately ¥190 million last year from DRONE FUND, Shinkin-Yaramaika Investment Limited Partnership, Okinawa Innovation Creation Fund, and other investors. Moreover, it also generated a capital loan of approximately ¥100 million yen from the Japan Finance Corporation. This brings the Company’s total funding since its founding to approximately ¥630 million.

Accordingly, the company said it will use the funds to develop crawler-type automated transport robots. Especially, those that have high driving performance and can work autonomously on rough ground and in harsh environments.

The robots use unique driving technology, are resistant to slopes and steps, and can suit both indoors and outdoors.

Meanwhile, CuboRex said it will launch the robots on the market, expand sales, and collaborate with other companies on technology. At the same time, collaborate with existing logistics systems. The company will also demonstrate the robots’ practicality in a variety of environments and disclose case studies.

Realizing Sustainable Society

As part of Mabuchi Motor’s Management Plan 2030, the company has set forth its “e-MOTO” business concept. Specifically, aiming to provide diverse solutions to strengthen mobility, machinery, and medical fields.

Mabuchi Motor said it has invested in CuboRex to realize its goal of providing ease of doing work in harsh environments. “By combining our motor technology with CuboRex’s robotics technology, we aim to provide a solution that helps solve the problem of labor shortages in the rough terrain industry. At the same time, to contribute to the realization of a sustainable society.”

The partnership between Mabuchi Motor and CuboRex aims to address the needs of various industries. Specifically, in industrial, construction, agricultural, and disaster sites.

28 August 2024