# ascend

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.ascendlogi.co.jp
- Total disclosed funding: $8.2M
- Latest round: Series B (Nov 13, 2025)
- Investors on record: 8

## About

Founded in 2020 and based in Tokyo, Japan, ascend,Ltd., d.b.a. ascend, operates as a company that develops and provides the LogiX transport management system, offers logistics consulting services, conducts logistics industry research, and supports transport operators through system development, operational guidance, and data driven workflow management with a team of forty members. 

In November 2025, ascend, Ltd. raised JPY 900 million in series B funding from Spiral Capital, LTS,Inc., Mercuria Investment, Mitsubishi UFJ Capital, Globis Capital Partners and Samurai Incubate.

ascend, Ltd. specializes in providing digital transformation solutions tailored specifically for the logistics and transportation industry. Its core offerings include Software as a Service products, with a flagship solution named Logix, which has been approved as an eligible IT tool under Japan’s IT Implementation Subsidy 2025 program. The tool enhances operational efficiency and streamlines logistics processes for transportation operators. The company also provides consulting services, supporting clients in logistics management and digital system integration. ascend primarily serves logistics and transportation businesses across Japan, supporting their transition to technology based operations.

ascend, Ltd. generates revenue through a combination of subscription-based SaaS offerings and consulting services. Clients typically engage in a direct B2B model, where transportation operators subscribe to the Logix platform for a periodic fee, gaining access to its features and updates. The consulting services are often structured as project-based engagements, allowing companies to receive tailored advice and strategies that align with their operational goals. While specific pricing details for their services are not disclosed, the company’s revenue model is centered around providing value through technology and expertise, enabling their clients to adapt to regulatory changes and enhance their overall business performance.

As of November 2025, the company plans to expand LogiX functions, strengthen data driven logistics consulting, deepen industry research collaborations, and broaden support for transport operators through continuous system development.

## Funding rounds

- Series B, Nov 13, 2025, $5.9M — Globis Capital Partners, Mitsubishi UFJ Capital, Samurai Incubate, Mercuria Investment, Spiral Capital, LTS,Inc.
- Series A, Dec 6, 2023, $2M — Globis Capital Partners, B Dash Ventures, Samurai Incubate, BEENEXT
- Seed, Mar 10, 2021, $0.3M — Samurai Incubate

## Investors

- Samurai Incubate (https://capitalatlas.ai/funds/samurai-incubate) — Seed, Series A, Series B
- Globis Capital Partners (https://capitalatlas.ai/funds/globis-capital-partners) — Series A, Series B
- B Dash Ventures (https://capitalatlas.ai/funds/b-dash-ventures) — Series A
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series A
- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series B
- Mercuria Investment (https://capitalatlas.ai/funds/mercuria-investment) — Series B
- Spiral Capital (https://capitalatlas.ai/funds/spiral-capital) — Series B
- LTS,Inc. — Series B