# Hacosco

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

- Industry: Software
- Headquarters: Atami-shi, Japan
- Website: www.hacosco.com
- Total disclosed funding: $1.3M
- Latest round: Series B (Jul 11, 2017)
- Investors on record: 2

## About

Hacosco Inc., based in Japan, specializes in developing innovative virtual reality (VR) solutions that enhance immersive experiences across various industries, including education, healthcare, and entertainment.Founded in 2014 in Atami-shi, Japan, Hacosco Inc. focuses on virtual reality technologies. The company has undergone a significant development in 2023 when Dai Nippon Printing acquired a 51% majority stake. The firm has engaged in 3 total deals, with its most recent funding round being a Series B of JPY 99.000 mn, rounding its total amount raised to JPY 99.000 mn and its current valuation at JPY 1,069.412 mn. Naotaka Fujii serves as the CEO of the company.Hacosco primarily specializes in virtual reality (VR) solutions, offering VR content creation, digital archiving, and advanced brain technology applications such as the GBase AI employee platform. Their products serve diverse industries, enabling live 360° streaming, immersive VR tours, and high-quality video production. Clients include local governments, educational institutions, and entertainment companies, with offerings available for both B2B and direct-to-consumer markets, extending beyond Japan.Hacosco's revenue model stems from several streams related to its VR technologies. This includes direct sales of VR goggles and services, featuring tailored content creation and live streaming solutions. Their revenue is supported through business partnerships that utilize subscription models, ensuring clients access the latest VR technology. Additionally, they collaborate with enterprises to develop customized solutions, fostering a project-based revenue approach, including flagship products like original printed VR goggles and high-definition streaming services.The acquisition by Dai Nippon Printing aims to expand its presence in the smart communication industry. Hacosco plans to leverage its recent capital infusion from the Series B funding to further develop new VR products and enhance its service offerings. The company is strategically looking to enter international markets, although specific target regions and timelines have not been disclosed.

## Funding rounds

- Series B, Jul 11, 2017, $0.9M — Global Brain
- Series A, May 19, 2016, $0.5M — Global Brain, i Mercury Capital

## Investors

- Global Brain (https://capitalatlas.ai/funds/global-brain) — Series A, Series B
- i Mercury Capital (https://capitalatlas.ai/funds/i-mercury-capital) — Series A