Tokyo Tech News

Tokyo Tech-rooted HiBot top performer at 3rd Rise Up Festa


Published: June 13, 2016

HiBot Corporation, a company designated as a Tokyo Tech Venture, was presented with the Top Performer Award in the field of robotics and advanced technology at the 3rd Rise Up Festa on April 25, 2016. HiBot Chairman and Tokyo Tech Professor Emeritus Shigeo Hirose was present at the event to welcome the recognition.

Final presentation to Rise Up Festa review board
Final presentation to Rise Up Festa review board

HiBot Chairman and CTO Shigeo Hirose speaking to review board
HiBot Chairman and CTO Shigeo Hirose speaking to review board

Rise Up Festa, a business support program organized by the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), lauds small, medium-sized, and rapidly growing companies seen as trailblazers in new and innovative areas of industry. Winners in four categories -- bio and life science, robotics and advanced technology, information and network services, and social entrepreneurship — are provided mid and long-term support through a partnership with BTMU.

Comments from HiBot CTO Shigeo Hirose

During my time as a full-time professor at Tokyo Tech, we created a variety of different types of robots, perhaps best represented by the snake-like robot. Today at HiBot, the 20th company to obtain the Tokyo Tech Venture designation, we develop robots for the inspection of infrastructure such as pipe and bridge inspection robots which carry out work at locations that are either dangerous or inaccessible for humans. We have a branch office in Silicon Valley to promote our pipe inspection robots in the US, and hope to expand from there to the rest of the world. I am extremely happy that our technology and business model are being recognized and appreciated.

What is a Tokyo Tech Venture?

Tokyo Tech Venture is a designation given to business ventures founded by Tokyo Tech students* or use the technologies or intellectual property rights of Tokyo Tech. The Tokyo Tech Venture designation gives credibility to startup companies that have limited track records. Many companies have been able to expand their businesses shortly after being given the designation. As of May 2016, 75 companies held this designation.

These include companies founded by those who graduated or withdrew from Tokyo Tech within a year prior to founding a company and those who left Tokyo Tech and founded a company without being employed in between.


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