About GROOVE X
GROOVE X is a company based in Tokyo (Japan) founded in 2015 by Kaname Hayashi. GROOVE X has raised $51.49 million across 2 funding rounds from investors including AmTRAN, Dai-ichi Seiko and INCJ. GROOVE X operates in a competitive market with competitors including UBTECH, Softbank Robotics, Anki, Intuition Robotics and Embodied, among others.
- Headquarter Tokyo, Japan
- Founders Kaname Hayashi
- SectorsTechnology
- Website category Business and Consumer Services · Marketing and Advertising
- Email••••••••
- Website groove-x.com
- Social LinkedIn X Facebook
- Total Equity Funding$51.49M (USD)
in 2 rounds
- Latest Funding Round$38.57M (USD), Series A
Dec 2017
- InvestorsAmTRAN
& 9 more
Funding Insights of GROOVE X
GROOVE X has successfully raised a total of $51.49M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $38.57 million completed in December 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $51.49M
- Total Rounds 2
- Last Round Series A — $38.57M
- First Round $12.92M
(Jun 2016)
- Investors Count 10
All 2 funding rounds of GROOVE X with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2017 | $38.57M | Series A | – | AmTRAN, INCJ | – |
| Jun 2016 | $12.92M | Seed | – | AmTRAN, OSG Corporation | – |
10 investors in total: 10 institutional.
Investors in GROOVE X
GROOVE X has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include AmTRAN, Dai-ichi Seiko and INCJ.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment activities in various industries are conducted by INCJ. | – | incj.co.jp | - | |
Early-stage investments in Japanese technology startups are provided. | – | gcp-j.com | Minato City, Japan | |
Venture capital, equity investment, and fund management services in China. | – | szvc.com.cn | - | |
- | – | smbc-vc.co.jp | - | |
PE firm focused on investing in tech companies operating across Japan | – | mirai.sparx.co.jp | Minato City, Japan | |
Venture capital and private equity are invested in growth-stage companies. | – | westfountain.com | West Bay, Cayman Islands | |
Investments are made in innovative startups by Z Venture Capital. | – | zvc.vc | Chiyoda City, Japan | |
Manufacturer of flat screen TV's | 1996 | amtran.com.tw | Taipei, Taiwan | |
Manufacturer of semiconductor modelling machines | 1963 | daiichi-seiko.co.jp | Kyoto, Japan | |
OSG Corporation is engaged in manufacturing cutting tools. | – | osg.co.jp | Japan |
Investor details for GROOVE X
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of GROOVE X
4 people are tracked at GROOVE X (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Kaname Hayashi | Founder & CEO | Leadership |
Kota Nezu | Chief Design Officer (CDO) | Leadership |
Naomi Tanaka | CKO,Creative Director,Digital Artist, Robot Animater | Leadership |
惠 石川 | Product Manager | Team |
Complete people profiles for GROOVE X
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Timeline of GROOVE X
3 dated milestones of GROOVE X across 2 years, from founding to its latest funding, stage changes and deals.
- Founded GROOVE X is founded.
- Funding First funding round of $12.9M.
- Funding Latest funding round, Series A, of $38.6M.
Competitors of GROOVE X
GROOVE X operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UBTECH, Softbank Robotics, Anki, Intuition Robotics and Embodied, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ubtrobot.com | 2012 | Shenzhen, China | $1.34B | – | Service robots for education, home assistance, and security are developed. | |
| softbankrobotics.com | 2012 | Tokyo, Japan | $117.21M | – | Humanoid social robots are provided for homes and businesses. | |
| anki.com | 2010 | San Francisco, United States | $257.75M | 178 | Home robots and smart toys are developed for recreational purposes. | |
| intuitionrobotics.com | 2015 | Tel Aviv, Israel | $76M | – | AI-based social robots are provided as companions for the elderly. | |
| embodied.com | 2016 | Pasadena, United States | $86.27M | 30 | AI learning robots for children are developed and provided. | |
| mistyrobotics.com | 2017 | Boulder, United States | $25.18M | 17 | Personal robots for homes and offices are developed. | |
| furhatrobotics.com | 2014 | Stockholm, Sweden | $4.52M | – | Natural interfaces for social robotics are developed by the company. |
Detailed competitors of GROOVE X
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of GROOVE X
The website of GROOVE X (groove-x.com) receives about 19.3K visits a month and ranks #1,514,082 among all websites worldwide, #6,764 in Marketing and Advertising.
- Monthly visits19.3K
▲ 10.4% vs previous month
- Unique visitors10.2K
per month
- Global rank#1,514,082
among all websites
- Category rank#6,764
Business and Consumer Services · Marketing and Advertising
- Bounce rate70%
- Pages per visit1.7
- Average visit43 sec
- DevicesDesktop 42% · Mobile 58%
Websites whose visitors overlap most with GROOVE X. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| lovot.life | 100% | – | – | View details | |
netkeizai.com | netkeizai.com | 76% | – | #416,549 | – |
robotplanet.site | robotplanet.site | 52% | – | #1,092,371 | – |
Latest news on Groove X
Complete news archive for GROOVE X
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to GROOVE X
10 companies that operate in the same segment as GROOVE X (Autonomous & Service Robotics), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 106.21 M | – | – | |
Domestic cleaning robots are provided by iRobot. | 1990 | New Bedford, Massachusetts, United States | USD 13 M | USD 666.43 M | 541 | |
Service robots for education, home assistance, and security are developed. | 2012 | Shenzhen, Guangdong, China | USD 1.34 B | USD 278.58 M | 2,190 | |
Robotic arms are provided for mobility and rehabilitation support. | 2004 | Boston, Massachusetts, United States | USD 17.21 M | USD 40.93 M | 185 | |
Cleaning robots for homes are offered by an internet-first brand. | 2020 | Suzhou, Jiangsu, China | USD 550.6 M | – | – | |
Exoskeletons for medical rehabilitation and industrial productivity are provided. | 2005 | United States | USD 24.37 M | USD 71.6 M | 61 | |
Humanoid social robots are provided for homes and businesses. | 2012 | Tokyo, Tokyo, Japan | USD 117.21 M | – | – | |
Cleaning robots are offered by Narwal as an internet-first brand. | 2016 | Dongguan, Guangdong, China | USD 115.62 M | – | – | |
Manufacturer of robotic pool cleaning equipment | 1983 | Afula, Northern District, Israel | – | – | – | |
Cleanliness and safety robots are manufactured by ECOVACS Robotics. | 2006 | China | – | – | – |
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Frequently Asked Questions about GROOVE X
GROOVE X was founded in 2015 and raised its 1st funding round 1 year after it was founded.
GROOVE X is headquartered in Tokyo, Japan. It is registered at Tokyo, Tokyo, Japan.
Kaname Hayashi is the current CEO of GROOVE X. They have also founded this company.
GROOVE X is a funded company, having raised a total of $51.49M across 2 funding rounds to date. The company's 1st funding round was a Seed of $12.92M, raised on Jun 2016.
Groove-X has developed a social robot called LOVOT for consumers. Features include answering machine, baby monitoring, house patrolling and more. The robot has approximately 50 sensors on its body including a 360-degree camera, thermal vision, microphone, depth camera, distance obstacle sensors and, retractable wheels for movement. The company claims that the stimuli captured by these sensors are processed using ML and DL to generate motion in real time.
GROOVE X's top competitors include UBTECH, Softbank Robotics and Intuition Robotics.
GROOVE X has 10 investors. Key investors include AmTRAN, Dai-ichi Seiko, INCJ, Global Catalyst Partners Japan, and Shenzhen Capital Group.