Nippon Express Holdings, a Japanese logistics company, acquired an equity stake in the Tokyo-based startup Instalimb, which is expanding its 3D-printed prosthetic device business. Nippon Express, under its NX Global Innovation Fund investment, will assist Instalimb’s business expansion from a logistics perspective and support the provision of prosthetic limbs in Asian countries and, in future, emerging countries in Africa and other regions.
Instalimb develops digital manufacturing solutions using 3D-printing and artificial intelligence (AI) technology to manufacture prosthetic devices and says it can them at one-tenth the conventional price and with a shorter delivery time. The company began operating in the Philippines in 2019 and in India in 2022.
Nippon Express Holdings addresses social issues through business collaboration with startups in Japan and overseas to help bring about sustainable societies where all people can lead affluent and fulfilling lives.
