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Austrian Entrepreneur successful with Spin-Off in Japan

Rogers Investment Advisors leads FSR Angel 1 LPS investment in XELA Robotics Expansion

© XELA Robotics
© XELA Robotics
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XELA Robotics Co., Ltd., (“XELA”), a pioneer in tactile sensing and advanced tactile AI-driven robotic solutions, announced a significant 7-digit (USD) investment by FSR Angel 1 LPS (“FSR”), managed by Rogers Investment Advisors K.K.(“RIA”). The investment reinforces XELA’s vision to expand its global footprint while maintaining its position as a leader in tactile AI technology.

Xela was founded as a spin-off from Waseda Univ. by the Austrian entrepreneur Alexander Schmitz, an expert for robotics and associate professor at Waseda Univ.

The founding team will remain the majority shareholders of XELA.

More details: Press Release 

XELA Robotics
https://www.xelarobotics.com/