In addition to the lead investors in previous funding rounds, such as Monoful Venture Partners, KDDI Open Innovation Fund and Airbus Ventures, Telexitence said it has also secured financial support from HH-CTBC Partnership, Softbank Group (SBG) and Globis Capital Partners. People gather at the Foxconn booth at 2035 E-Mobility Taiwan, an annual electric and autonomous vehicle trade show in Taipei, on April 13. Photo: Ann wang, ReutersHH-CTBC Partnership is also known as Foxconn Co-GP Fund, which was set up by Hon Hai and Taiwan’s CTBC Financial Holding Co (中信金控). However, Telexistence, a developer of remote-controlled robotics, did not disclose other financial details about the latest funding round. After obtaining funds from Hon Hai, Telexistence would initiate its collaboration with Hon Hai to establish a production technology to carry out commercial production for its next-generation robotics model, “Ghost,” the company said.
