# AI SILK CORPORATION

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

- Industry: Materials
- Headquarters: Sendai-shi, Japan
- Website: www.ai-silk.com
- Total disclosed funding: $2.4M
- Latest round: Series A (May 15, 2023)
- Investors on record: 5

## About

Based in Japan, AI SILK CORPORATION specializes in the development of innovative conductive fibers, enhancing wearable technology through advanced textile solutions that prioritize user comfort and performance.Founded in 2015 in Sendai-shi, Japan, AI SILK CORPORATION focuses on creating conductive materials for the wearable technology industry. The company has successfully completed 8 deals, with its most recent funding round occurring on May 15, 2023, when it raised JPY 320 million in a Series A round from investors including Epson Cross Investment, Fukuda Denshi, Global Brain, and Mizuho Capital, alongside returning investor TOHOKU University Venture Partners. The total amount raised by the company stands at JPY 320 million, with a current valuation of JPY 3,904.706 million.AI SILK CORPORATION specializes in innovative conductive fibers, particularly their flagship product, LEAD SKIN. This material is manufactured using advanced dyeing techniques and is designed to enhance user comfort while minimizing potential skin irritations and inaccuracies during physiological measurements. LEAD SKIN improves conductivity and uniformity by coating the fiber with a layer of conductive material, addressing issues commonly associated with traditional biomedical electrodes. These fibers are produced with a focus on environmental sustainability, utilizing recycled polyester as a raw material, and primarily serve industries where wearable technology is prevalent, such as health monitoring and fitness.AI SILK CORPORATION generates revenue through partnerships and direct sales of its innovative products. The company engages in B2B transactions, supplying its LEAD SKIN fibers to manufacturers in the wearable technology sector, healthcare, and sports apparel industries. The revenue model is structured around bulk orders, allowing clients to integrate LEAD SKIN into their products, including smart textiles and medical wearables, with pricing plans based on order volume and customized solutions to meet specific client needs.In May 2023, AI SILK CORPORATION raised JPY 320 million in Series A funding from a consortium of investors, enabling it to expand its market presence globally, particularly within the medical industry. The company plans to introduce new products and designs targeted at enhancing performance in health monitoring applications. They are strategizing to enter new markets in Asia and Europe by 2024 to capitalize on the growing demand for wearable technology solutions. The latest funding will support these initiatives, facilitating product development and market expansion.

## Funding rounds

- Series A, May 15, 2023, $2.4M — Global Brain, Mizuho Capital, TOHOKU University Venture Partners, Epson Cross Investment, Fukuda Denshi

## Investors

- Global Brain (https://capitalatlas.ai/funds/global-brain) — Series A
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series A
- TOHOKU University Venture Partners (https://capitalatlas.ai/funds/tohoku-university-venture-partners) — Series A
- Epson Cross Investment (https://capitalatlas.ai/funds/epson-cross-investment) — Series A
- Fukuda Denshi — Series A