# Charichari

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

- Industry: Transportation Services
- Headquarters: Fukuoka-shi, Japan
- Website: https://charichari.co.jp
- Latest round: Series A (Dec 18, 2020)
- Investors on record: 5

## About

Charichari, Inc. is a Japanese company focused on enhancing urban mobility through innovative electric scooters and bikes, catering to eco-conscious consumers and urban commuters.Founded in 2019 in Fukuoka-shi, Japan, Charichari, Inc. specializes in electric mobility solutions. The company has maintained a consistent business strategy focused on urban transportation solutions and has completed a total of 10 deals to date. The latest funding round, raising JPY 50.000 mn, occurred on May 30, 2023, with investors including ABBALab, Beta Venture Capital, and F Ventures. The company is led by CEO Kentaro Iemoto.Charichari specializes in innovative mobility solutions designed to enhance urban transportation. Their core offerings include a range of electric scooters and bikes that cater to eco-conscious consumers and urban commuters. The products are engineered with advanced features such as smart connectivity, allowing users to track their rides and optimize routes through a dedicated mobile app. These offerings aim to address issues related to traffic congestion and environmental sustainability by providing efficient, low-emission alternatives to traditional vehicles. Charichari primarily serves urban populations across metropolitan regions in Japan, including Tokyo and Osaka, where demand for convenient and environmentally friendly transportation options is high.Charichari generates revenue through a structured business model that includes both direct-to-consumer sales and business-to-business partnerships. The company offers subscription plans that allow users to access its fleet of scooters and bikes for a monthly fee, thus facilitating regular usage while ensuring affordability. Additionally, Charichari enters into partnerships with local municipalities and businesses to provide fleet services for shared mobility solutions, which further diversifies its revenue streams. Customers primarily include urban commuters, tour operators, and businesses looking to enhance their sustainability initiatives. Each of these revenue channels contributes to a robust financial framework that supports the company's growth in the competitive mobility market.Charichari plans to expand its product line by introducing new electric mobility solutions designed for various urban applications, with launches expected in late 2023. The company aims to broaden its geographical reach into additional metropolitan areas across Japan by mid-2024. The recent funding of JPY 50.000 mn raised in May 2023 will be instrumental in supporting these initiatives, allowing the company to enhance its product offerings and pursue strategic partnerships tailored to new market entries.

## Funding rounds

- Series A, Dec 18, 2020 — Nagoya TV Ventures, MARUI GROUP, TOKAI TELEVISION BROADCASTING Co.,Ltd., Nishikawa Communications Co. Ltd., Minami incubate

## Investors

- Nagoya TV Ventures (https://capitalatlas.ai/funds/nagoya-tv-ventures) — Series A
- MARUI GROUP — Series A
- TOKAI TELEVISION BROADCASTING Co.,Ltd. — Series A
- Nishikawa Communications Co. Ltd. — Series A
- Minami incubate — Series A