# Mediotec Co.

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

- Industry: Power & Utilities
- Headquarters: Tokyo, Japan
- Website: www.mediotec.co.jp
- Total disclosed funding: $13M
- Latest round: Series B (Feb 20, 2023)
- Investors on record: 2

## About

Based in Tokyo, Japan, and founded in 1996, Mediotec Co., Ltd operates as a power and utilities company offering to specialize in renewable energy. In February 2023, the firm raised its debt financing led by investors Energy & Environment Investment and Kansai Electric Power. The firm as of February 2023, has 86 employees, has offices in Tokyo and Osaka Prefecture, and is led by its Representative Director, Hidemori Matsumoto.

The company is engaged in projects to generate, use, and increase renewable energy, by leveraging VPP (virtual power plant), a power plant system that allows electricity to be exchanged between individuals and can be supplied to the home of another. The company also offers the installation of solar panels and the operation of a solar investment information site for office workers.

The company plan to utilize its February 2023 funding for the development of non-FIT photovoltaic power plants and power storage stations for grids.

## Funding rounds

- Series B, Feb 20, 2023, $13M — Kansai Electric Power, Energy & Environment Investment

## Investors

- Kansai Electric Power — Series B
- Energy & Environment Investment (https://capitalatlas.ai/funds/energy-environment-investment) — Series B