Japanese robotics startup GITAI raises $4.1m from Spiral Ventures, others

Japanese robotics startup GITAI raises $4.1m from Spiral Ventures, others

GITAI, a Japanese robotics startup in the space industry, has secured a $4.1 million fresh funding led by Spiral Ventures, with participation from DBJ Capital, J-Power and existing backer Coral Capital (the local fund of 500 Startups).

The company said it targeted to raise as much as $10 million in this round from a number of funds and corporate investors. “Discussions are currently under way,” GITAI said in a statement, adding that it expected to close the fundraising within this year.

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