JFC: MUSVI, developer of the telepresence system "Mado," raises additional Series A funding

MUSVI, which develops the telepresence system "Mado" (Window), announced on the 17th additional Series A round funding through a third-party allotment of shares to Sumitomo Corporation Venture Partners and a stock acquisition rights loan from the Japan Finance Corporation. The company announced Series A round funding in November 2024. With this funding, the total amount raised has reached 720 million yen. "Mado," developed and sold by the company, is a hardware service that enables communication between users at a distance through life-size video communication using large displays, real-time conversations, and interactions through audio. Business operations began in September 2022, and more than 600 "Mado" units have been implemented in companies...