# Groovenauts

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

- Industry: Software
- Headquarters: Fukuoka-shi, Japan
- Website: www.groovenauts.jp
- Total disclosed funding: $6.8M
- Latest round: Series C (May 27, 2020)
- Investors on record: 4

## About

Founded in 2011 and based in Fukuoka, Japan, Groovenauts, Inc. is a software company that leverages technologies like artificial intelligence (AI) and quantum computing to enhance societal and corporate business operations. In March 2024, SBI Investment acquired a stake in Groovenauts, Inc. As of 2024, the company is being led by its president and CEO, Hidehiro Saishu.

The firm’s services include Magellan Blocks, which utilizes big data, AI, and quantum computing for data analysis, prediction, and optimization. Additionally, their Tech Park provides technology education for children, covering programming, digital art, and related fields. City as a Service focuses on analyzing and optimizing corporate activities based on local community data to improve service delivery and societal integration.

The company intends to use the March 2024 funds to promote the improvement and digital transformation of domestic and overseas logistics sites.

## Funding rounds

- Series C, May 27, 2020, $6.8M — Cherubic Ventures, Mitsubishi Estate, SG Incubate, MIRAI Co.,Ltd.

## Investors

- Cherubic Ventures (https://capitalatlas.ai/funds/cherubic-ventures) — Series C
- Mitsubishi Estate — Series C
- SG Incubate (https://capitalatlas.ai/funds/sg-incubate) — Series C
- MIRAI Co.,Ltd. — Series C