# INDUSTRIAL-X

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/industrial-x

- Industry: Business Support Services
- Headquarters: Tokyo, Japan
- Website: https://industrial-x.jp
- Total disclosed funding: $13M
- Latest round: Series C (May 28, 2026)
- Investors on record: 6

## About

Based in Tokyo, Japan, and founded in 2019, INDUSTRIAL-X operates as a developer of a service called Resource Cloud that enables procurement of various products for the digital transformation without face-to-face contact. In May 2026, INDUSTRIAL-X raised JPY 1.42 billion in equity in series C funding led by SUGIMOTO & CO., LTD, with participation from QR Investment and Technoa Inc. It also raised raised JPY 510 million in venture debt funding from unspecified investors. This round was part of a larger series C JPY 1.93 billion equity and debt funding. INDUSTRIAL-X's offering includes consulting services and business process outsourcing services that entrust with all the business areas such as public relations/marketing, solution procurement, partnering, and community management. INDUSTRIAL – X's Resource as a Service and procurement platform Resource Cloud provides all management resources such as the business model, strategy, human resources, funds, information, and security required for digital transformation with a subscription model. It is available for consultation on DX promotion, including long-established manufacturers, trading companies, newspaper companies, human resources service companies, and ICT vendors. The company plans to use May 2026 funds to advance AI-driven transformation initiatives and expand into the space industry, including the development of its Space Twin concept.

## Funding rounds

- Series C, May 28, 2026, $8.9M — QR Investment
- Series B, Apr 10, 2024, $4.1M — Shizuoka Capital, TOPPAN Holdings, Iyogin Capital, Hiroshima Venture Capital, QR Investment, THK

## Investors

- Shizuoka Capital (https://capitalatlas.ai/funds/shizuoka-capital) — Series B
- TOPPAN Holdings — Series B
- Iyogin Capital (https://capitalatlas.ai/funds/iyogin-capital) — Series B
- Hiroshima Venture Capital (https://capitalatlas.ai/funds/hiroshima-venture-capital) — Series B
- QR Investment (https://capitalatlas.ai/funds/qr-investment) — Series B, Series C
- THK — Series B