Fairy Devices

TelecomsSeries BTokyo, Japanfairydevices.jp

Latest round

Series B

Last raised

Jun 2023

Total raised

$35M

Investors

13

About Fairy Devices

Based in Japan, Fairy Devices Inc.Founded in 2007, Fairy Devices Inc. is headquartered in Tokyo, Japan, and specializes in advanced wearable technology solutions.Fairy Devices specializes in developing wearable technology that integrates artificial intelligence to enhance operational efficiency and communication in various industry settings. The company's flagship offerings include the THINKLET® connected worker solution and the mimi® platform, designed to facilitate seamless communication between humans and machines. These technologies are employed in sectors such as energy equipment maintenance, manufacturing, and public services, addressing challenges like remote technical support, real-time data sharing, and multilingual assistance for international visitors., which utilizes Fairy Devices’ technology to improve the maintenance of energy equipment through wearable devices that provide remote technical assistance.Fairy Devices generates revenue through B2B transactions, primarily by providing subscription-based access to its proprietary software and hardware solutions. Clients typically engage in contracts that include ongoing technical support and software updates, ensuring their systems remain cutting-edge while meeting operational demands. Revenue is bolstered by partnerships with technology firms like NSSOL, which collaborates with Fairy Devices to implement IoT solutions in industrial settings.In June 2023, Fairy Devices Inc. The funds will be allocated towards product development, marketing efforts, and recruitment to support the company's growth objectives. Fairy Devices aims to launch new products aimed at enhancing the functionality of its existing platforms and is focused on expanding its reach into international markets, particularly in Asia and Europe, by the end of 2024.

Who invested in Fairy Devices

13 investors across 4 rounds

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Funding rounds

  1. Series B

    Jun 6, 2023

    Amount

    $15M

    Investors

    Locked

  2. Series B

    Jul 8, 2022

    Amount

    $5.4M

    Investors

    Locked

  3. Series B

    Feb 24, 2021

    Amount

    $9.6M

    Investors

    Locked

  4. Series A

    Mar 23, 2018

    Amount

    $4.8M

    Investors

    Locked

Questions about Fairy Devices

Who invested in Fairy Devices?

Fairy Devices has 13 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 Fairy Devices raised?

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

When did Fairy Devices last raise money?

Fairy Devices's most recent round on record is a Series B, in Jun 2023.

What does Fairy Devices do?

Based in Japan, Fairy Devices Inc.

Where is Fairy Devices headquartered?

Fairy Devices is headquartered in Tokyo, Japan.

Which VCs invest in companies like Fairy Devices?

Among active investors with capital left to deploy, Boc Private Equity Firm, Zijin Venture Capital, Legend Capital and Source Code Capital back telecoms companies at Fairy Devices's stage. Their profiles are linked below.

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