OEM : Diversified

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Chiyoda-ku, Tokyo, Japan

TYO: 8031

Utilizing our global operating locations, network and information resources, we are multilaterally pursuing business that ranges from product sales, worldwide logistics and financing, through to the development of major international infrastructure and other projects in the following fields: Mineral & Metal Resources, Energy, Infrastructure Projects, Mobility, Chemicals, Iron & Steel Products, Food, Food & Retail Management, Wellness, IT & Communication Business, Corporate Development Business.

Assembly Line

Optimus Technologies Closes $17.8M Series A Led by Mitsui & Co. to Decarbonize the Transportation Industry

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Optimus Technologies, Mitsui, Chevron

Optimus Technologies, a technology company that decarbonizes the largest and most challenging sectors of the transportation industry, announced today a $17.8 million Series A funding round led by Mitsui & Co. out of Tokyo, Japan. The round included participation from one of North America’s largest commercial fleets, Chevron Renewable Energy Group, and Pittsburgh regional investors including Idea Foundry, Inc., Innovation Works, Richard King Mellon Foundation, and Urban Redevelopment Authority of Pittsburgh.

The capital raise will fund the further development and deployment of Optimus’ Vector System, an advanced fuel system technology which enables heavy-duty diesel engines to operate on 100% biodiesel, a biogenic near-zero carbon fuel. Heavy-duty transportation sectors are extremely challenging and costly to deploy electric or hydrogen solutions which require total replacement of existing assets, buildout of completely new infrastructure and a fundamental shift in global energy production to renewables. Conversely, Optimus Technologies’ Vector System seamlessly integrates into existing engines currently in operation or can be built into new engines as they are manufactured, leveraging the foundational diesel engine for the transition to a low-carbon future.

Read more at Optimus Press

🦾 Hai Robotics Partners with MITSUI&CO. MACHINE TECH (SHANGHAI) LTD.

📅 Date:

🔖 Topics: Partnership

🏢 Organizations: Hai Robotics, Mitsui

Recently, Hai Robotics announced its strategic partnership with MITSUI&CO. MACHINE TECH (SHANGHAI) LTD. This alliance aims to offer top-notch warehouse automation solutions for clients in the manufacturing industry. It also signifies a deepening of cooperation between the two companies, as they have served several of the world’s leading zipper giants.

Read more at Hai Robotics News