ON&BOARD Co., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Directors: Masato Shimodaira, Kosuke Nakayama) is pleased to announce that its portfolio company, Robotruck Inc. (Headquarters: Chuo-ku, Tokyo; CEO: Yusuke Haga), has successfully raised a total of ¥1.65 billion in its Pre-Series A funding round.

This funding round saw new participation from JIC Venture Growth Investments Co., Ltd., a venture investment fund under the Japan Investment Corporation (JIC), and SMBC Venture Capital Co., Ltd.

Robotruck is a startup aiming to solve "Japan's 2024 logistics problem" with world-class autonomous truck technology. Led by founder Nan Wu, the company has developed proprietary AI algorithms and technology, successfully completing a Level 4 equivalent driving test on the Shin-Tomei Expressway within one year of its establishment. Its high technical capability and speed of implementation have attracted significant attention both within and outside the industry.

With this new funding, Robotruck is expected to accelerate its technology development and business expansion, becoming a key player in supporting Japan's logistics infrastructure. ON&BOARD will continue to provide strong support for Robotruck's growth, contributing to the strengthening of Japan's industrial foundation.

Company Overviews

RoboTruck Co., Ltd.

• Company Name: RoboTruck Co., Ltd.
• Location: Odaka Bldg., 1-15-11 Shinkawa, Chuo-ku, Tokyo
• Representative: Yusuke Haga, Representative Director & CEO
• Established: April 15, 2024
• Business Activities: Research and development of autonomous driving technology, and providing advanced driver-assistance systems for commercial vehicles.
• URL: https://robotruck.jp/
• For more information on this matter, please see the press release from RoboTruck Co., Ltd..

ON&BOARD Co., Ltd.

• Fund Name: ON&BOARD Limited Partnership
• Fund Established: June 2024
• Representative Directors: Masato Shimodaira, Kosuke Nakayama
• Location: Toranomon Hills Business Tower 15F, 1-17-1 Toranomon, Minato-ku, Tokyo 105-6415 (within CIC Tokyo)
• Business Activities: Management and operation of a venture capital fund and incubation business.
• Company URL: https://onboardvc.com/

Contact Information

ON&BOARD Co., Ltd.
Contact Person: Hasegawa
Email: info@on-board-vc.com