Tokyo-based Metaps, the startup best known for an app monetization platform using artificial intelligence, partnered with Japanese robotics and hardware startup Yukai Engineering towards launching a monetization platform for robotics startups. The new platform is called Metaps Robotics and willed be launched after this summer.
- Japan’s Metaps secures $35.7M series C round to strengthen big data business
- Yukai Engineering pushes the limits of Japanese hardware creativity
Yukai Engineering has developed social communications robots such as Coconatch and Bocco, having extensive experiences in developing products utilizing internet and sensors. Joining forces, the two companies will try to establish a new business model leveraging the cloud, sensor, hardware technologies and apps to help drive the development of the robotics industry.
CEO Katsuaki Sato explained how Metaps will monetize the new platform:
We plan to monetize the new platform with advertising, setting up a scheme where developers and we will share revenue. In addition to smartphones, homes and cars will also deliver the right information to the right people at the right time. So the role of advertising will be also changed.
Translated by Masaru Ikeda
Edited by Kurt Hanson
Proofread by “Tex” Pomeroy