# GROOVE X

**Source:** https://www.startuphub.ai/startups/groove-x
**Profile type:** Startup

> Developing companion robots designed to provide emotional support.

## About

GROOVE X is a Japanese robotics company focused on creating companion robots that provide emotional support. Their flagship product, LOVOT, is designed to evoke feelings of love and companionship, prioritizing emotional connection over utility or efficiency. The company aims to enrich people's lives by making domestic robots that people want to spend time with.

## Key facts

- **Slug:** groove-x
- **Website:** https://groove-x.com/
- **Location:** Tokyo, Japan
- **Founded:** 2014-01-01
- **Operating status:** Active
- **Total funding:** $78M
- **Social:**
  - Twitter: https://twitter.com/groovexinc
  - Facebook: https://www.facebook.com/GROOVEX.Robot

## Frequently asked

### What does GROOVE X do?

GROOVE X is a Japanese robotics company focused on creating companion robots that provide emotional support. Their flagship product, LOVOT, is designed to evoke feelings of love and companionship, prioritizing emotional connection over utility or efficiency. The company aims to enrich people's lives by making domestic robots that people want to spend time with.

### What is GROOVE X's valuation?

StartupHub estimates GROOVE X's effective valuation at $278.1M (range $193.8M to $465.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has GROOVE X raised?

GROOVE X has raised a total of $78M in funding. The most recent round on record is Series B3.

### Where is GROOVE X headquartered?

GROOVE X is headquartered in Tokyo, Japan.

### When was GROOVE X founded?

GROOVE X was founded in 2014.

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