# iXs Co.

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

- Industry: Industrial Machinery
- Headquarters: Kawasaki-shi, Japan
- Website: www.ixs.co.jp/
- Total disclosed funding: $8.5M
- Latest round: Series A (Mar 27, 2019)
- Investors on record: 5

## About

Based in Kawasaki-shi, Japan, iXs Co., Ltd. develops sophisticated robotic solutions to enhance societal and industrial infrastructures, addressing critical challenges through automation and integrated technologies.iXs Co., Ltd. was founded in 1998 and specializes in advanced robotic solutions. The company has undergone strategic pivots to adapt to changing market needs, focusing on integrating robotics, AI, and XR technologies. Currently headquartered in Kawasaki-shi, Japan, iXs has raised a total of JPY 41.000 mn in its most recent Series B funding round on November 7, 2023, with investors including J&TC Frontier and KAJIMA CORPORATION. The company was involved in 4 total deals, with a current valuation of JPY 2977.835 mn.iXs Co., Ltd. specializes in providing advanced robotic solutions tailored to societal and industrial infrastructure needs. Their core product offerings include a comprehensive suite of automated systems that leverage the integration of robotics, AI, XR (Extended Reality), and 3D data technologies. Noteworthy solutions such as the 'GENBA-Remote' remote presence system and the 'GENBA-Alert' AI hazard prediction system address critical issues like aging infrastructure and labor shortages. Specific products released include the 'CIM×GENBA series,' aimed at enhancing construction data integration, and the 'GENBA-Explorer,' which enables immersive site experience sharing. The company serves a diverse clientele, primarily in Japan, encompassing sectors such as construction, infrastructure management, and public safety.The revenue model for iXs Co., Ltd. is structured around B2B transactions, primarily involving partnerships and direct sales to industrial clients. The company's transactional framework includes offering products and services on a subscription basis, particularly for their cloud-based solutions and IoT devices. Customers typically engage with flagship products such as 'GENBA-Monitor,' an AI-enabled IoT network camera, which provides ongoing support and maintenance contracts. Additionally, the company may implement tiered pricing plans based on the complexity and integration of the solutions provided, ensuring that clients receive tailored packages that meet their specific operational needs. Overall, iXs operates within a framework that emphasizes long-term relationships and value delivery through its technological offerings.In November 2023, iXs Co., Ltd. raised an undisclosed amount in venture funding from new investors Chugoku Electric Power and Kyushu Electric Power, with participation from returning investors Yokohama Capital and Sony Ventures. This funding will contribute to the social implementation of each solution. The company is focusing on developing new products to enhance its offerings and plans to expand into additional markets within the Asia-Pacific region by 2024.

## Funding rounds

- Series A, Mar 27, 2019, $8.5M — INCJ, Mitsubishi Corporation, Yokohama Capital, KSP, Sony Innovation Fund

## Investors

- INCJ — Series A
- Mitsubishi Corporation — Series A
- Yokohama Capital (https://capitalatlas.ai/funds/yokohama-capital) — Series A
- KSP (https://capitalatlas.ai/funds/ksp) — Series A
- Sony Innovation Fund (https://capitalatlas.ai/funds/sony-innovation-fund) — Series A