# AFI Corporation

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

- Industry: Medical Devices & Equipment
- Headquarters: Kyoto, Japan
- Website: www.afi.co.jp
- Total disclosed funding: $7.5M
- Latest round: Series C (Feb 1, 2021)
- Investors on record: 10

## About

AFI Corporation is a technology firm based in Kyoto, Japan, specializing in innovative solutions that enhance operational efficiency and streamline processes across various industries, including manufacturing and logistics.Founded in 2013 in Kyoto, Japan, AFI Corporation focuses on advanced technology solutions that address data management and automation challenges. The company has completed 7 deals, with its most recent funding round being a Series C in July 2022, where it raised JPY 90.000 mn from investor MIRAIDOOR, bringing its total amount raised to JPY 90.000 mn and current valuation to JPY 2,410.880 mn.AFI Corporation specializes in a range of innovative products and services designed to meet the diverse needs of its clientele. Their core offerings include advanced technology solutions that enhance operational efficiency and streamline processes for businesses across various sectors, particularly in data management and automation. These solutions cater to a global customer base, including clients in North America, Europe, and Asia, ensuring comprehensive service packages that integrate seamlessly with existing systems to maximize productivity and reduce costs.The company generates revenue through a structured model encompassing both B2B and direct-to-consumer transactions. Primary revenue streams include subscription-based services and partnerships with businesses utilizing its technology solutions. Clients typically engage in annual contracts covering software licenses and ongoing support, ensuring a steady flow of income. Additionally, tiered pricing plans for various product features cater to different customer segments, positioning the company for robust financial health while delivering value through high-quality products and services.AFI Corporation aims to leverage its recent funding from July 2022 to support the launch of upcoming products designed to enhance their technology offerings. The company plans to expand into new markets, specifically targeting additional regions in Asia and Europe by 2023, to broaden its customer base. This strategic approach will utilize the JPY 90.000 mn raised to bolster product development and market entry efforts.

## Funding rounds

- Series C, Feb 1, 2021, $0.8M — MIRAIDOOR
- Series B, Feb 13, 2018, $4M — SMBC Venture Capital, Chushin Venture Capital, Kyoto University Innovation Capital, TechAccel Ventures, Yamato Scientific Co., Ltd.
- Series A, Jun 28, 2016, $0.3M — Kyoto Capital Partners
- Series A, May 18, 2016, $2.3M — Miyako Capital, Osaka University Venture Capital, Kyoto University Innovation Capital, Minato Capital

## Investors

- Miyako Capital (https://capitalatlas.ai/funds/miyako-capital) — Series A
- Osaka University Venture Capital (https://capitalatlas.ai/funds/osaka-university-venture-capital) — Series A
- Kyoto University Innovation Capital (https://capitalatlas.ai/funds/kyoto-university-innovation-capital) — Series A, Series B
- Minato Capital (https://capitalatlas.ai/funds/minato-capital) — Series A
- Kyoto Capital Partners (https://capitalatlas.ai/funds/kyoto-capital-partners) — Series A
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series B
- Chushin Venture Capital (https://capitalatlas.ai/funds/chushin-venture-capital) — Series B
- TechAccel Ventures (https://capitalatlas.ai/funds/techaccel-ventures) — Series B
- Yamato Scientific Co., Ltd. — Series B
- MIRAIDOOR (https://capitalatlas.ai/funds/miraidoor) — Series C