Jun
04

Japan’s Robot Revolution Is Attracting Venture Capitalists

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Nao Robot ClerkA NAO humanoid robot, developed by Softbank Corp. subsidiary Aldebaran Robotics SA, performs during a demonstration in Tokyo, Japan. Photographer: Kiyoshi Ota/Bloomberg

Venture capitalists who have long avoided investing in Japan may think again as startups in the country develop a new generation of robot technology, according to consultant Koichi Hori.

While Japan has little chance of catching up to the U.S. in digital media, the next phase of technological innovation will be in robotics with artificial intelligence, said Hori, who headed Boston Consulting Group Inc.’s Japan office before founding Dream Incubator Inc. in 2000. That plays to Japan’s strengths in engineering, he said…

Japan’s Robot Revolution Is Attracting Venture Capitalists

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