Investment Announcement: Toppan Printing Makes a Strategic Investment in OhmniLabs
Thursday July 26, 2018
We have exciting news to share! OhmniLabs has closed a strategic investment from Toppan Printing Co., Ltd. Toppan Printing is one of the world’s leading integrated printing companies. Since its founding in 1900, Toppan has expanded its operations significantly while driving the evolution of printing technologies and combining them with marketing, IT, creative capabilities and diverse processing techniques to enable a wide range of solutions in the company’s three main business fields of Information & Communication, Living & Industry, and Electronics. Toppan employs more than 50,000 people globally and recorded sales of over 1.4 trillion yen in the year ended March 31, 2018.
“We have been impressed with the OhmniLabs team and their execution to bring cheaper, faster, better robots to every home. We are excited to work even closer with them to help make the future of a rapidly changing society brighter with the power of robotics and AI – with the power of our printing technologies.” – Toppan Printing.
“Jared, Tingxi and I co-founded OhmniLabs over three years ago with the vision of accelerating the home robotics industry in a big way. We are proud of how quickly we have been able to accelerate robotics development with 3D printing. Thanks to this new investment from TOPPAN, we will be able to scale the business in Japan and beyond, and co-develop robots that enhance daily lives.” – Thuc Vu, Co-founder and CEO at OhmniLabs.
As we continue to push the boundaries of robotics and AI, we’re committed to work with our new partners to continue to develop solutions that will increase productivity, and have a positive impact on society.
Founded in 2015 and based in Silicon Valley, CA, OhmniLabs is re-imagining personal robotics. The co-founders, Jared Go, Tingxi Tan and serial entrepreneur Thuc Vu, are robotics experts from Carnegie Mellon and Stanford who believe that personal consumer robots can make a positive impact on people’s everyday lives. They have extensive experience in AI, machine learning, multi-agent systems, industrial design, mechanical & electrical engineering and cloud infrastructure. For more information, please visit https://ohmnilabs.com