Latest round

Series A

Last raised

May 2024

Total raised

$26M

Investors

16

About AWL

Founded in 2016 and based in Tokyo, Japan, AWL Inc. was first founded by Muneharu Kitade and is known as AI TOKYO LAB & Co. The company develops and offers AI camera solutions to enhance retail stores. In 2017, the company entered into a capital alliance with SATUDORA Holdings and demonstrated proof-of-concept in SATUDORA stores by developing various AI features for store operations. In August 2017, the company established the "AI HOKKAIDO LAB" at Hokkaido University and entered into joint development of smartphone applications with Toyota Motor Corporation. In 2018, the company established AI TOKYO LAB Vietnam as a research and development site. In 2019, the company changed its name to AWL Inc., and transferred all shares to COCON Inc. A portion of SATUDORA Holdings shares was bought by the management in a restructuring. As of March 2019, the company has 70 employees. AWL Inc. primarily markets its AWL BOX, a device that links with a store’s CCTV to provide edge computing solutions. After the security cameras are linked, users can choose various functions via the AWL app while the camera data is stored in the cloud. These functions include detecting suspicious people, analyzing clients by age and gender, analyzing movement in the store, analyzing behavior in front of product displays and in contact with the products, purchasing behavior, and other actions that can help increase sales and lower costs. The AWL pad takes a photo and measures the body temperature of the employee or visitor to determine their condition and determines if they are wearing a mask or not.

Who invested in AWL

16 investors across 4 rounds

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Funding rounds

  1. Series A

    May 21, 2024

    Amount

    $1.9M

    Investors

    Locked

  2. Series A

    Nov 15, 2022

    Amount

    $2.2M

    Investors

    Locked

  3. Series A

    Jun 2, 2021

    Amount

    $18M

    Investors

    Locked

  4. Series A

    Feb 3, 2020

    Amount

    $4.2M

    Investors

    Locked

Questions about AWL

Who invested in AWL?

AWL has 16 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has AWL raised?

AWL has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did AWL last raise money?

AWL's most recent round on record is a Series A, in May 2024.

What does AWL do?

Founded in 2016 and based in Tokyo, Japan, AWL Inc.

Where is AWL headquartered?

AWL is headquartered in Tokyo, Japan.

Which VCs invest in companies like AWL?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back business support services companies at AWL's stage. Their profiles are linked below.

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