# EVERSTEEL

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: https://eversteel.co.jp
- Total disclosed funding: $1.3M
- Latest round: Series A (Jan 30, 2026)
- Investors on record: 3

## About

Based in Tokyo, Japan, and founded in 2021, EVERSTEEL Inc. d.b.a EVERSTEEL provides an application for the analysis of iron scrap. The company was co-founded by Makoto Saeki. As of 2023, the company is headed by its CEO Keijiro Tajima. In January 2026, EVERSTEEL raised an undisclosed amount in series A funding from Coreline Ventures. Returning investor Mitsui & Co. – Corporate Development Business Unit also participated in this round.

The company offers an iron scrap analysis application that uses artificial intelligence to grade and detect foreign objects in the pictures of scrap which are taken with the help of cameras attached to scrap yards of steel companies and recycling companies. The firm application uses image analysis algorithms for class determination and foreign object detection.

The company plan to use the January 2026 funding g topand the Iron Navi DX platform lineup, advance its AI-based acceptance inspection system, and support decarbonization and operational efficiency initiatives in the steel industry.

## Funding rounds

- Series A, Jan 30, 2026 — Mitsui & Co. – Corporate Development Business Unit, Coreline Ventures
- Seed, Sep 28, 2023, $1.3M — DCM

## Investors

- DCM (https://capitalatlas.ai/funds/dcm) — Seed
- Mitsui & Co. – Corporate Development Business Unit — Series A
- Coreline Ventures (https://capitalatlas.ai/funds/coreline-ventures) — Series A