# FOX

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

- Industry: Materials
- Headquarters: Sendai-shi, Japan
- Website: www.fox-tech.co.jp
- Total disclosed funding: $1.8M
- Latest round: Seed (Nov 15, 2024)
- Investors on record: 3

## About

Based in Japan, FOX specializes in technological research and the development of innovative solutions to enhance operational efficiency across various sectors.Founded in 2024 and headquartered in Sendai-shi, Japan, FOX is dedicated to creating advanced technological solutions. The company has undergone strategic pivots since its inception, focusing on software applications and hardware solutions. CEO Akira Onodera leads the firm, which recently secured JPY 270 million in Seed funding from investors including Iwatani, Macnica Ventures, and Tohoku Tech Ventures. This funding reflects a total amount raised of JPY 270 million following its first and only deal on November 15, 2024.FOX specializes in developing advanced technological solutions that enhance operational efficiency across various industries. Its core offerings include state-of-the-art software applications designed to streamline business processes and hardware solutions that optimize performance in challenging environments. With a diverse client base encompassing manufacturing firms, logistics companies, and telecommunications enterprises, FOX positions its products strategically in key markets such as North America, Europe, and parts of Asia, addressing specific client pain points like inventory management, data analytics, and system integration.Revenue at FOX is generated through a structured model combining subscription-based services and direct hardware sales. The company engages in B2B transactions, forming partnerships with enterprises in need of tailored software solutions. Pricing plans are crafted to meet varying client needs, with flagship products offered at competitive rates, allowing access via annual subscriptions or one-time purchases. This framework demonstrates a commitment to customer satisfaction and retention, along with a focus on superior service and support throughout the client engagement lifecycle.In November 2024, FOX raised JPY 270 million in Seed funding to support the development of its gallium oxide product for mass production. The funding will facilitate the launch of new products tailored to meet market demands. Additionally, the company plans to expand into regions including Southeast Asia and Europe by the end of 2025, enhancing its global footprint and addressing the needs of a broader client base.

## Funding rounds

- Seed, Nov 15, 2024, $1.8M — Macnica Ventures, Tohoku Tech Ventures, Iwatani Venture Capital

## Investors

- Macnica Ventures (https://capitalatlas.ai/funds/macnica-ventures) — Seed
- Tohoku Tech Ventures — Seed
- Iwatani Venture Capital (https://capitalatlas.ai/funds/iwatani-venture-capital) — Seed