# FLOSFIA

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

- Industry: Materials
- Headquarters: Kyoto-shi, Japan
- Website: www.flosfia.com
- Total disclosed funding: $28M
- Latest round: Series E (Mar 26, 2021)
- Investors on record: 16

## About

Based in Japan, FLOSFIA INC. specializes in the development of advanced semiconductor technology, particularly Gallium Oxide (Ga2O3) products for enhanced power electronics applications.FLOSFIA INC. was founded in 2011 and is headquartered in Kyoto-shi, Japan. The company focuses on semiconductor innovations and has successfully completed a total of 8 deals. Its most recent funding round was a SERIES E in November 2021, where the firm raised JPY 1,000.000 mn from investors such as Development Bank of Japan, JSR Active Innovation Fund, Kyoto University Innovation Capital, and Mitsubishi Heavy Industries. The company's current valuation stands at JPY 14,755.954 mn.FLOSFIA INC. specializes in advanced semiconductor products, focusing on Gallium Oxide (Ga2O3) technology. They offer high-performance transistors and power devices essential for efficient power conversion and energy management in sectors like renewable energy, electric vehicles, and consumer electronics. Their products target key industry challenges, ensuring optimal performance and sustainability. The company serves leading manufacturers in North America, Europe, and Asia, meeting the rising demand for advanced power solutions.In 2018, FLOSFIA INC. reported revenue of JPY 597,982.2.Following their SERIES E funding round in November 2021, FLOSFIA INC. aims to utilize the capital to enhance their product development and expand their market reach. The company is focused on launching new semiconductor products tailored for the evolving needs of the power electronics sector. They plan to enter additional markets in Europe and North America by 2023. This strategic expansion will be supported by their recent venture funding.

## Funding rounds

- Series E, Mar 26, 2021, $9.1M — Development Bank of Japan, Mitsubishi Heavy Industries, Kyoto University Innovation Capital, JSR Active Innovation Fund
- Series D, Jul 19, 2019, $4.6M — Eight Roads Ventures, SBI Investment, MIRAIDOOR, Kyoto Capital Partners, Fujimi Incorporated.
- Series C, Jan 4, 2018, $7.1M — Eight Roads Ventures, SPARX Group, SBI Investment, Denso, Mitsubishi Heavy Industries
- Series B, Apr 6, 2017, $0.9M — Eight Roads Ventures
- Series B, Mar 2, 2017, $6.5M — University of Tokyo Edge Capital Partners, Energy & Environment Investment, Nissay Capital, Yaskawa Electric Corporation, Miyako Capital, MIRAIDOOR, Kyoto University Innovation Capital

## Investors

- University of Tokyo Edge Capital Partners (https://capitalatlas.ai/funds/university-of-tokyo-edge-capital-partners) — Series B
- Energy & Environment Investment (https://capitalatlas.ai/funds/energy-environment-investment) — Series B
- Nissay Capital (https://capitalatlas.ai/funds/nissay-capital) — Series B
- Yaskawa Electric Corporation — Series B
- Miyako Capital (https://capitalatlas.ai/funds/miyako-capital) — Series B
- MIRAIDOOR (https://capitalatlas.ai/funds/miraidoor) — Series B, Series D
- Kyoto University Innovation Capital (https://capitalatlas.ai/funds/kyoto-university-innovation-capital) — Series B, Series E
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series B, Series C, Series D
- SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Series C
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series C, Series D
- Denso — Series C
- Mitsubishi Heavy Industries — Series C, Series E
- Kyoto Capital Partners (https://capitalatlas.ai/funds/kyoto-capital-partners) — Series D
- Fujimi Incorporated. — Series D
- Development Bank of Japan (https://capitalatlas.ai/funds/development-bank-of-japan) — Series E
- JSR Active Innovation Fund (https://capitalatlas.ai/funds/jsr-active-innovation-fund) — Series E