# ArchiTek Corporation

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

- Industry: Electronics
- Headquarters: Osaka-shi, Japan
- Website: www.architek.ai/
- Total disclosed funding: $18M
- Latest round: Series C (Jun 20, 2022)
- Investors on record: 12

## About

Based in Osaka-shi, Japan, ArchiTek Corporation specializes in advanced semiconductor technology solutions, focusing on artificial intelligence applications and edge computing systems. Their flagship product, AiOnIc, provides a cost-effective alternative to traditional GPU solutions.ArchiTek Corporation, founded in 2011 in Osaka-shi, Japan, focuses on delivering innovative semiconductor technology. The company has undergone pivots in business strategy to enhance its offerings and has secured a deal on August 15, 2022, raising JPY 104 million in funding from Asterisk Inc. The firm has completed a total of 5 deals since its inception. The founder, Hassan Toorabally, has a background in technology development, contributing to the company's vision and strategy.ArchiTekAI specializes in advanced semiconductor technology, primarily through its flagship product, AiOnIc, which offers a low-cost, high-performance alternative to traditional GPU solutions for artificial intelligence applications. The AiOnIc technology is designed to meet various needs across multiple sectors, including autonomous mobility, where it powers computer vision and machine learning for self-driving vehicles; security, where it enhances capabilities in surveillance and cybersecurity; and machinery and robotics, which are essential to the AI-driven 4th Industrial Revolution. The product is engineered to deliver significant performance improvements and reduced power consumption, making it suitable for edge AI applications. ArchiTekAI serves a diverse client base, including manufacturers of autonomous vehicles, security technology firms, and industrial machinery producers, primarily targeting markets in North America, Europe, and Asia.ArchiTekAI generates revenue through a business model that includes the provision of semiconductor IP, chip supply, and comprehensive solution services tailored for edge computing applications. The company engages in direct B2B transactions with various clients, including automotive manufacturers and security technology companies, establishing partnerships that facilitate the integration of the AiOnIc technology into their products. Revenue streams consist of upfront payments for chip orders, ongoing licensing fees for IP usage, and potential service agreements for technology support and updates. Pricing structures for their products and services are aligned with the value delivered by their advanced AI capabilities, reflecting the competitive landscape in which they operate.ArchiTek Corporation aims to leverage recent funding of JPY 104 million from August 2022 to enhance product development and expand market reach. The company is working on new iterations of the AiOnIc technology with expected launches aimed at various sectors by late 2023. Additionally, ArchiTek plans to expand its presence in North America and Europe, particularly targeting the automotive and cybersecurity markets. This expansion is expected to be supported by increased production capabilities and strategic partnerships.

## Funding rounds

- Series C, Jun 20, 2022, $8.7M — Nippon Venture Capital, Sumitomo Mitsui Trust Investment, 360ip, Mitsubishi UFJ Capital, SMBC Venture Capital, SBI Investment, SPARX Asset Management, TechAccel Ventures, SMBC Trust Bank
- Series B, Feb 4, 2020, $4.4M — Mitsubishi UFJ Capital, SPARX Group, NTT DOCOMO Ventures, Senshu Ikeda Capital, TechAccel Ventures
- Series A, Mar 6, 2018, $4.7M — Mitsubishi UFJ Capital, SPARX Group, NTT DOCOMO Ventures, Senshu Ikeda Capital, TechAccel Ventures

## Investors

- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series A, Series B, Series C
- SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Series A, Series B
- NTT DOCOMO Ventures (https://capitalatlas.ai/funds/ntt-docomo-ventures) — Series A, Series B
- Senshu Ikeda Capital (https://capitalatlas.ai/funds/senshu-ikeda-capital) — Series A, Series B
- TechAccel Ventures (https://capitalatlas.ai/funds/techaccel-ventures) — Series A, Series B, Series C
- Nippon Venture Capital (https://capitalatlas.ai/funds/nippon-venture-capital) — Series C
- Sumitomo Mitsui Trust Investment (https://capitalatlas.ai/funds/sumitomo-mitsui-trust-investment) — Series C
- 360ip (https://capitalatlas.ai/funds/360ip) — Series C
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series C
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series C
- SPARX Asset Management — Series C
- SMBC Trust Bank — Series C