Tokyo University IPC Increases Investment in Robotruck
Tokyo University Innovation Platform Corporation (known as "Tokyo University IPC") has announced a significant investment in the autonomous truck startup Robotruck through a series of stock options worth 750 million yen. This collaboration includes several prominent investors such as Globis Capital Partners, ORIX Corporation, Archetype Ventures, Mizuho Leaguer Investment, and others.
Aiming for the Future of Logistics
Robotruck, headquartered in Chuo, Tokyo, aims to resolve the critical logistics challenges Japan is predicted to face in 2024 with their patented autonomous driving technology. The company, founded by Nan Wu, who has extensive experience in autonomous vehicle research and development, is on the path to deploying Level 4 autonomous trucks in Japan by 2025. Wu’s background includes being a co-founder of a U.S. startup that developed the world's first Level 4 autonomous truck, providing him with vital expertise in this high-stakes field.
Nan Wu's journey began at Waseda University, where he was engaged in cutting-edge research related to autonomous vehicles before moving to the U.S. to further enhance his skills. In 2016, he was a key player in launching a groundbreaking Level 4 solution overseas and later brought this wealth of experience back to Japan. After establishing Robotruck in April 2024, he quickly advanced collaborations with Japan's Ministry of Economy, Trade and Industry (METI) to further drive modernization within Japan's logistic sector.
Technological Advancements and Test Successes
In less than a year, Robotruck has already accomplished a notable feat by completing successful Level 4 autonomous driving tests spanning 100 kilometers on a stretch of the New Tomei Expressway, specifically between Suruga Bay Numazu SA and Hamamatsu SA. As such, their technology now stands on the brink of real-world application following regulatory clearance.
Looking ahead, Robotruck plans to execute innovative pilots on the crucial Tokyo-Nagoya route in 2025, followed by testing between Tokyo and Osaka in 2026. By 2027, they aspire to launch their products to market, with hopes to become the preeminent force in Japan’s long-distance autonomous trucking industry.
Continuous Support from Tokyo University IPC
The decision by Tokyo University IPC to step up its support follows the initial investment made in March 2025, showcasing a commitment to cultivating Robotruck's ongoing growth. With this additional funding, the company aims not only to bolster its technical development but also to strengthen collaborations with logistics stakeholders across Japan, ultimately aiming for mass production.
Tokyo University IPC is dedicated to fostering startups rooted in academic innovation, providing both continued financial support and hands-on assistance to existing investments as part of its role in developing an innovation ecosystem.
Gratitude and Future Visions
Yusuke Haga, CEO of Robotruck, expressed heartfelt gratitude for the confidence shown by their new and existing investors who share the vision of transforming Japan’s trucking landscape. He emphasizes the company’s commitment to revolutionizing the logistics industry through strategic ties that enhance Japan’s economic positioning.
Haga’s enthusiasm for collaboration is palpable as he reflects on the strength of partnerships formed with investors like Globis Capital and ORIX. He remains optimistic about the journey ahead, ready to embark on future ventures with like-minded partners who share the common goal of contributing to national greatness.
Naohiro Mizumoto, CIO Partner at Tokyo University IPC, highlights the consistent support they provide by participating in Robotruck's rounds of funding. Reflecting on past collaborations and vested interests, Mizumoto is keen on highlighting the critical nature of these investment relationships that pave the way for new technologies.
About AOI Fund
Established in 2020, AOI Fund aims to enhance open innovation activities around the University of Tokyo, fostering venture success through collaborations with leading companies across various industries. By investing in newly established firms and spin-offs, the fund seeks to create new open innovation success stories across different sectors.
Contact Information
For further inquiries, please reach out to:
Tokyo University Innovation Platform Corporation
Address: 7-3-1 Hongo, Bunkyo City, Tokyo
Entrepreneur Lab 261, South Research Building
Phone: 03-3830-0200
Fax: 03-3830-0183
Email: info2@utokyo-ipc.co.jp
Contact: Naohiro Mizumoto