# Adacotech Incorporated

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/adacotech

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.adacotech.co.jp
- Total disclosed funding: $12M
- Latest round: Series B (Apr 27, 2022)
- Investors on record: 5

## About

Adacotech Incorporated is a Tokyo-based company specializing in AI-driven visual inspection technologies for the manufacturing sector, focusing on enhancing quality control and operational efficiency through innovative automated solutions.Founded in 2012 in Tokyo, Japan, Adacotech Incorporated provides advanced AI-based inspection technologies. The company has executed 3 deals, with its most recent being a VENTURE DEBT round in July 2022, raising JPY 420 million from Japan Finance Corporation, MUFG Bank, and Shoko Chukin Bank. The CEO of Adacotech is Ryota Kawamura.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. Adacotech serves an extensive client base within the manufacturing industry, primarily targeting markets in Japan, Southeast Asia, and parts of Europe, where demand for automated quality assurance is rapidly growing.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. Through these tailored solutions, Adacotech fosters long-term relationships with clients, aiming to enhance their production capabilities and drive innovation within the manufacturing processes they serve.In July 2022, Adacotech Incorporated raised JPY 420 million in VENTURE DEBT financing, which will support the launch of new businesses, expansion of service areas, and recruitment. 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.

## Funding rounds

- Series B, Apr 27, 2022, $8.5M — University of Tokyo Edge Capital Partners, DNX Ventures, UntroD Capital, UTokyo Innovation Platform, Spiral Capital
- Series A, Jun 21, 2019, $3.7M — University of Tokyo Edge Capital Partners, DNX Ventures

## Investors

- University of Tokyo Edge Capital Partners (https://capitalatlas.ai/funds/university-of-tokyo-edge-capital-partners) — Series A, Series B
- DNX Ventures (https://capitalatlas.ai/funds/dnx-ventures) — Series A, Series B
- UntroD Capital — Series B
- UTokyo Innovation Platform (https://capitalatlas.ai/funds/utokyo-innovation-platform) — Series B
- Spiral Capital (https://capitalatlas.ai/funds/spiral-capital) — Series B