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Chubu Electric Invests in Tokyo Robotics Startup

Chubu Electric Invests in Tokyo Robotics Startup

   Nagoya, June 12 (Jiji Press)--Chubu Electric Power Co. <9502> said Wednesday that it has invested in Groove X Inc., a robotics startup based in Tokyo.
   The power supplier serving the Chubu region of central Japan acquired part of new shares Groove X issued under a third-party allotment scheme. Chubu Electric did not disclose the amount of the investment or the ownership ratio.

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