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US-based AI massage robot firm Aescape nets $83m in funding
New York-based startup Aescape Inc., known for its AI-powered massage robots, has raised US$83 million in a funding round led by Valor Equity Partners.
The company is estimated to have a valuation of approximately US$250 million; however, it did not confirm this figure.
Aescape intends to use the new funding to introduce its robotic massage systems at Four Seasons Hotels and Marriott International.
It will also explore markets in physical therapy and professional sports.
Aescape’s technology is currently operational in 40 locations, with plans to distribute an additional 400 units by year’s end.
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