# Iwaya GIken Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/iwaya-giken-co

- Industry: Aerospace
- Headquarters: Sapporo-shi, Japan
- Website: www.iwaya.biz
- Total disclosed funding: $9.4M
- Latest round: Series C (Oct 12, 2023)
- Investors on record: 7

## About

Based in Japan, Iwaya GIken Co., Ltd. specializes in designing innovative digital solutions that enhance operational efficiency and streamline processes for businesses across various sectors.Iwaya GIken Co., Ltd. is a technology firm that focuses on providing digital solutions. Founded in 2016 in Sapporo-shi, Japan, the company has completed a total of 4 deals. Its most recent funding round was a Series C on October 12, 2023, raising JPY 572 million from investors including TOYOTA BOSHOKU CORPORATION, Yokohama Capital, and returning investor Incubate Fund. The company has a current valuation of JPY 4,811.407 million.Iwaya GIken Co., Ltd. offers a robust suite of products designed to meet the dynamic needs of businesses in various sectors. The company's core offerings encompass innovative digital solutions that enhance operational efficiency and streamline processes for their clientele. These products are tailored for industries such as logistics, healthcare, and retail, addressing challenges in supply chain management, patient tracking, and inventory control. Iwaya GIken has strategically positioned its services in key geographical markets, including North America, Europe, and parts of Asia, targeting small to medium-sized enterprises as well as larger corporations. This ensures improved productivity and reduced operational costs for end users, reflecting the company's commitment to technological advancement.The revenue model for Iwaya GIken Co., Ltd. is structured primarily around B2B transactions, leveraging partnerships with various enterprises that seek to implement their digital solutions. The company engages in subscription-based pricing for its flagship products, allowing clients to access essential services for a recurring fee. This structure offers flexibility and scalability, accommodating the diverse needs of their clients. Additionally, Iwaya GIken may provide customized solutions involving direct consultations, ensuring tailored services that align with specific operational requirements. The revenue generated through these channels reflects the company’s focus on building long-term relationships with clients while providing high-quality technological solutions that drive business success.In October 2023, Iwaya GIken Co., Ltd. raised JPY 572 million in Series C funding, aimed at accelerating the research and development of its products. The company plans to expand its offerings by designing and launching new digital solutions, although specific release dates have not been disclosed. Furthermore, Iwaya GIken intends to penetrate new markets, particularly targeting regions in Asia and expanding its presence in North America and Europe by the end of 2024. The recent funding will support these initiatives, enhancing their product development efforts.

## Funding rounds

- Series C, Oct 12, 2023, $3.8M — Incubate Fund, Yokohama Capital, TOYOTA BOSHOKU CORPORATION
- Series B, Jun 20, 2022, $2.9M — Mitsui Sumitomo Insurance Venture Capital, SMBC Venture Capital, Incubate Fund, North Pacific Bank
- Series B, Nov 30, 2021, $0.6M — Incubate Fund
- Series B, Oct 20, 2021, $2.1M — Mitsui Sumitomo Insurance Venture Capital, SMBC Venture Capital, Incubate Fund, YMFG Capital

## Investors

- Mitsui Sumitomo Insurance Venture Capital (https://capitalatlas.ai/funds/mitsui-sumitomo-insurance-venture-capital) — Series B
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series B
- Incubate Fund (https://capitalatlas.ai/funds/incubate-fund) — Series B, Series C
- YMFG Capital (https://capitalatlas.ai/funds/ymfg-capital) — Series B
- North Pacific Bank — Series B
- Yokohama Capital (https://capitalatlas.ai/funds/yokohama-capital) — Series C
- TOYOTA BOSHOKU CORPORATION — Series C