# ARAV

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

- Industry: Business Support Services
- Headquarters: Tokyo, Japan
- Website: www.arav.jp
- Total disclosed funding: $2.4M
- Latest round: Series A (Mar 8, 2023)
- Investors on record: 1

## About

ARAV Inc., based in Japan, specializes in digital transformation solutions for the construction industry, focusing on automation and remote operation technologies to enhance efficiency and address labor shortages.Founded in 2020 and headquartered in Tokyo, Japan, ARAV Inc. delivers innovative solutions in construction automation. The company has engaged in three notable funding deals and received JPY 250.000 mn in its Series A funding round in March 2023, with investments from UTokyo Innovation Platform. The firm is not a subsidiary of another company and has not undergone significant pivots since its inception.ARAV Inc. specializes in advanced automation solutions focusing on the construction industry's digital transformation, particularly through robotics and remote operation technology. The company's flagship product, the autonomous hydraulic excavator known as RX "YoiSho Tounyuu-kun," enables remote control of construction machinery over the internet, allowing users to operate equipment from distances exceeding 1,000 kilometers using various devices including computers, smartphones, and tablets. This innovation addresses significant labor shortages in the construction and civil engineering sectors by automating routine tasks such as digging, cutting, and material placement. Through collaborations with industry players like Nishio Rent All, ARAV targets a diverse client base that spans construction, forestry, port operations, shipping, and recycling industries, particularly in markets like Japan and other regions seeking automation solutions.ARAV's revenue generation is primarily structured around equipment rentals, partnerships, and service agreements with businesses requiring automated construction solutions. Clients engage with the company through subscription-based models or direct service contracts, where they can access advanced robotic systems and support services tailored to their operational needs. The revenue model promotes long-term relationships with clients, ensuring they receive ongoing support and access to new technology developments. Specific pricing structures for services and rentals are established based on the scale and duration of usage, with the RX "YoiSho Tounyuu-kun" serving as a key product that enhances operational efficiency and productivity for contractors in the field. The partnership with Mitsui Sumitomo Insurance also suggests an integrated approach to risk management for automated machinery, further solidifying ARAV’s market position.In March 2023, ARAV Inc. raised an undisclosed amount in debt financing from new investors Japan Finance Corporation and Shoko Chukin Bank. This round was part of a larger JPY 400 million equity and debt financing. The company is focusing on expanding its product line to include new automation technologies aimed at enhancing operational efficiency, with plans for launching additional features of the RX "YoiSho Tounyuu-kun" by the end of 2023. Furthermore, ARAV seeks to enter new markets beyond Japan, particularly targeting regions in Southeast Asia, within the next two years, leveraging the recent funding to support these initiatives.

## Funding rounds

- Series A, Mar 8, 2023, $1.8M — UTokyo Innovation Platform
- Seed, Mar 8, 2021, $0.6M — UTokyo Innovation Platform

## Investors

- UTokyo Innovation Platform (https://capitalatlas.ai/funds/utokyo-innovation-platform) — Seed, Series A