LexxPluss Inc. Started Joint Development of Solutions for the Automation of Automotive Maintenance with Nifco Inc.

Aiming to Automate Automotive Maintenance to Address the Need for Advanced Skills and a Shortage of Technicians.

Kawasaki, Japan – LexxPluss Inc. (hereinafter “LexxPluss”), is pleased to announce that it has started joint development with Nifco Inc. (hereinafter “Nifco”) on solutions to automate automotive maintenance tasks. In conjunction with the launch of this joint development, Nifco has also participated as an investor in LexxPluss’ Series A extension round.

• LexxPluss Secures ¥640 Million in Funding to Expand Development and Sales Operations through Strategic Capital and Business Alliances
  https://lexxpluss.com/press-release/640-million-in-funding-acquired/

■　　Purpose

Kawasaki, Japan – LexxPluss Inc. (hereinafter “LexxPluss”), is pleased to announce that it has started joint development with Nifco Inc. (hereinafter “Nifco”) on solutions to automate automotive maintenance tasks. In conjunction with the launch of this joint development, Nifco has also participated as an investor in LexxPluss’ Series A extension round.

• LexxPluss Secures ¥640 Million in Funding to Expand Development and Sales Operations through Strategic Capital and Business Alliances
  https://lexxpluss.com/press-release-jp-2/640-million-in-funding-acquired/

■　Purpose

With the implementation of advanced safety features in vehicles progressing rapidly, the automotive maintenance industry faces challenges such as the need for highly skilled technicians and a shortage of mechanics. The automation of maintenance tasks is essential to overcoming these challenges. Nifco, which holds the top market share in plastic fasteners for the domestic automotive industry and has established a unique position within the automotive sector, aims to address these issues through joint development. By combining Nifco’s product development capabilities and solid business foundation in the automotive industry with LexxPluss’ autonomous transport technology, the two companies aim to create solutions that automate automotive maintenance tasks and contribute to a sustainable mobility society.

■　About Nifco Inc.

• Company Name: Nifco Inc.
• Headquarters: 5-3 Hikari-no-oka, Yokosuka City, Kanagawa Prefecture
• Representative: Masaharu Shibao, President & CEO
• Capital: ¥7.29 billion (as of March 31, 2024)
• Listing: Tokyo Stock Exchange Prime Market
• Corporate Website: https://www.nifco.com/en/

■ About LexxPluss Inc.

LexxPluss Inc. is a startup with the mission of “accelerating the evolution towards autonomous industrial infrastructure.” The company is dedicated to solving challenges faced by Japan’s logistics and manufacturing industries, which are essential to the country’s infrastructure. Currently, LexxPluss develops, manufactures, and sells robotics and automation products that will form the next-generation industrial infrastructure, including the “Lexx500” autonomous mobile robot and the “LexxFleet” robot integration control system.

Company Name: LexxPluss Inc. CEO: Masaya Aso Headquarters: 18th Floor, Kawasaki Ekimae Tower Riverk, 12-1 Ekimae Honcho, Kawasaki-ku, Kawasaki City, Kanagawa Prefecture Number of Employees: 56 (as of the end of July 2024, including contract and temporary staff) Company Website: https://lexxpluss.com/ SNS: https://x.com/LexxPluss LinkedIn: https://www.linkedin.com/company/lexxpluss/

■　Recruitment Page

LexxPluss is seeking team members to help accelerate the evolution toward autonomous industrial infrastructure.

Recruitment Page: https://lexxpluss.com/careers/