Global Trade Alert
Global Trade Alert

Japan: INCJ investment into Japanese company Groove X's LOVOT companion robot

Announcement

04 Dec 2017

On December 4th, 2017, the Innovation Network Corporation of Japan (INCJ) invested in Japanese cooperation Groove X. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Dec 2017

Revocation date:

No revocation date

Updated: 04 Dec 2017
Capital injection and equity stakes (including bailouts) In force

On December 4th, 2017, the Innovation Network Corporation of Japan (INCJ) signed an investment contract with Groove X for a total value of 3.5 billion Yen (31 million USD). Of this investment,...

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