# Extech

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

- Industry: Business Support Services
- Headquarters: Tokyo, Japan
- Website: www.exchange-tech.co.jp
- Total disclosed funding: $1.1M
- Latest round: Series C (Aug 31, 2022)
- Investors on record: 3

## About

Founded in 2014 by Takayuki Koshimizu and Tetsuro Hayashi, and based in Tokyo, Japan, Extech specializes in the creation, marketing, and management of automated currency exchange systems. In August 2022, Extech raised venture funding from new investors Concord Executive Group, Mizuho Capital, and SBI Investment.

The business creates currency exchange machines that work with 15 different languages and 14 different currencies. Additionally, the company uses drones to support a wide range of currencies and languages and can reply to exchange requests from visitors from different nations who are visiting Japan, negating the need for any human involvement in the process.

## Funding rounds

- Series C, Aug 31, 2022, $1.1M — Mizuho Capital, SBI Investment, Concord Executive Group

## Investors

- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series C
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series C
- Concord Executive Group — Series C