Adacotech Incorporated

SoftwareSeries BTokyo, Japanadacotech.co.jp

Latest round

Series B

Last raised

Apr 2022

Total raised

$12M

Investors

5

About Adacotech Incorporated

Founded in 2012 in Tokyo, Japan, Adacotech Incorporated provides advanced AI-based inspection technologies.Adacotech specializes in advanced AI-driven visual inspection technologies primarily utilized in the manufacturing sector. The company's core offerings focus on defect detection and classification through their unique High-Level Local Autocorrelation (HLAC) feature extraction technique. This technology empowers manufacturers to automate inspection processes, thereby enhancing quality control and operational efficiency. Adacotech's products cater to a variety of applications, including the inspection of coil winding, resin molded products, mesh sheets, and metal filters, among others. Their solutions are designed to transform traditional analog inspection methods into digital processes, addressing the significant challenges faced in manufacturing environments.The revenue model of Adacotech primarily revolves around B2B transactions, where the company provides its AI-based inspection solutions directly to manufacturers. Clients typically engage in partnerships or subscription agreements for ongoing access to their cloud-based services, which allow for the creation and validation of machine learning models tailored to specific inspection needs. The company offers products like the defect classification AI, which is designed to be integrated into existing manufacturing workflows. While specific pricing details for these offerings are not disclosed, they are structured to ensure accessibility for diverse manufacturing entities, ranging from small enterprises to large industrial players. The company plans to introduce additional products tailored to manufacturing needs in the near future and aims to expand its operations further into Southeast Asia and Europe by the end of 2024.

Who invested in Adacotech Incorporated

5 investors across 2 rounds

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Funding rounds

  1. Series B

    Apr 27, 2022

    Amount

    $8.5M

    Investors

    Locked

  2. Series A

    Jun 21, 2019

    Amount

    $3.7M

    Investors

    Locked

Questions about Adacotech Incorporated

Who invested in Adacotech Incorporated?

Adacotech Incorporated has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Adacotech Incorporated raised?

Adacotech Incorporated has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Adacotech Incorporated last raise money?

Adacotech Incorporated's most recent round on record is a Series B, in Apr 2022.

What does Adacotech Incorporated do?

Founded in 2012 in Tokyo, Japan, Adacotech Incorporated provides advanced AI-based inspection technologies.

Where is Adacotech Incorporated headquartered?

Adacotech Incorporated is headquartered in Tokyo, Japan.

Which VCs invest in companies like Adacotech Incorporated?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Adacotech Incorporated's stage. Their profiles are linked below.

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