# pippin

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

- Industry: Internet
- Headquarters: Naha-shi, Japan
- Website: https://ecgain.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Dec 18, 2019)
- Investors on record: 3

## About

EC-GAIN inc. is a Japan-based company that specializes in innovative solutions for thermal management and control systems, catering to industries that require precise temperature regulation.Founded in 2016 and headquartered in Naha-shi, Japan, EC-GAIN inc. focuses on advanced thermal management solutions. The company has engaged in 5 deals, with its most recent funding round occurring on June 12, 2023, securing JPY 202.224 mn led by SIG Asia Investment and involving participants like Coral Capital and FFG Venture Business Partners. The total amount raised by the company stands at JPY 202.224 mn, with a current valuation of JPY 1193.490 mn.EC-GAIN inc. specializes in advanced solutions for thermal management and control systems, primarily targeting industries that require precision in temperature regulation. Their core offerings include specialized software and integrated systems that optimize heating and cooling processes in various applications, such as data centers, industrial manufacturing, and healthcare facilities. These products enhance energy efficiency and operational effectiveness, addressing critical challenges in maintaining optimal environmental conditions. The company's solutions are utilized by a diverse clientele, including large enterprises in North America and Europe, particularly in sectors like technology and pharmaceuticals. By providing tailored services that meet specific client needs, EC-GAIN effectively supports end users in achieving compliance with stringent regulatory standards while minimizing energy costs.EC-GAIN inc. employs a revenue model centered around the sale of proprietary software and integrated thermal management systems, typically offered through a subscription-based pricing structure. Clients engage with the company on a B2B basis, often entering into long-term contracts that include maintenance and support services, ensuring ongoing performance optimization. The transactions usually involve a combination of initial setup fees and recurring yearly revenue, contributing to a steady income stream. Flagship products in their portfolio include advanced monitoring and control systems that provide real-time data analytics, allowing users to make informed decisions regarding energy usage and operational efficiency. This transactional framework enables EC-GAIN to build robust partnerships with clients, fostering loyalty and repeat business within key geographical markets.Following the recent funding of JPY 202.224 mn on June 12, 2023, led by SIG Asia Investment, EC-GAIN inc. plans to strengthen its product development. The investment will enable the company to design and launch new products aimed at enhancing supplier and creator interactions. Additionally, EC-GAIN aims to expand its presence in new markets, with specific targets in Southeast Asia and Europe by 2024. This strategic growth initiative reflects the company's commitment to addressing evolving client needs and advancing its technological offerings.

## Funding rounds

- Seed, Dec 18, 2019, $0.3M — The Okinawa Development Finance Corporation, GxPartners
- Seed, Jul 15, 2018 — Ryugin Research Institute

## Investors

- Ryugin Research Institute (https://capitalatlas.ai/funds/ryugin-research-institute) — Seed
- The Okinawa Development Finance Corporation — Seed
- GxPartners (https://capitalatlas.ai/funds/gxpartners) — Seed