# Jigowatts

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Tokyo, Japan
- Website: www.jigowatts.jp
- Total disclosed funding: $0.7M
- Latest round: Series A (Oct 18, 2022)
- Investors on record: 3

## About

Based in Tokyo, Japan, and founded in 2014, Jigowatts Inc., a.k.a. Jigowatts develops compact electric vehicle chargers with a built-in authentication function. The company also develops and provides smart car lock systems using smartphones, and other authentication systems for IoT (internet of technology) products. In October 2022, Jigowatts Inc. raised JPY 100 million in venture funding from DG Incubation, DG Ventures, and IID, Inc.

The company’s product line includes Ella, an ordinary charger for electric vehicles; Virtual Key, an automotive smart lock; and JigoAuth, an asynchronous authentication system for IoT (internet of technology). Ella is an ultra-compact EV standard charger, which can be also connected to the Ethereum network to build an autonomous authentication billing infrastructure using smart contracts. Virtual Key allows users to operate the door lock with the virtual key received on the smartphone while placing the master key with the administrator or owner.

Jigowatts plans to use its proceeds from October 2022 funding to strengthen the organizational structure and product development.

## Funding rounds

- Series A, Oct 18, 2022, $0.7M — DG Ventures, IID, Inc., DG Incubation

## Investors

- DG Ventures (https://capitalatlas.ai/funds/dg-ventures) — Series A
- IID, Inc. — Series A
- DG Incubation (https://capitalatlas.ai/funds/dg-incubation) — Series A