# SmartPower Service

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smartpower-service

- Industry: Power & Utilities
- Headquarters: Yokohama-shi, Japan
- Website: www.smartpower.co.jp
- Total disclosed funding: $1.3M
- Latest round: Series A (Mar 3, 2017)
- Investors on record: 1

## About

Based in Yokohama, Japan and founded in 2003, SmartPower Service Corp. started as LiveGate Corp., which provided energy bundling services for mansions. In 2008, the company was renamed SmartPower Service Corp. Starting from 2008, it has been partnering with power company IP Power Systems Corp. (2008), recycling and logistics company JFE Environment Co. Ltd, real estate management company Tokyu Community Corp. (2012), power company Marubeni Power Retail Corporation (2018) to provide energy solutions. It started its LED business in 2009 for mansions, and its power generation system obtained Certification of Innovative Business from Kanagawa Prefectural Government for the company. In 2015, the company obtained a general construction license. In 2018, a patent was granted for its power control and supply system.

SmartPower Service Corp. provides four services: switching lighting in common areas of mansions to LED lighting (for mansion association boards), installing solar panels and storage cells on mansions (for mansion association boards), switching lighting in apartments to LED (for households), and providing an electricity plan specialized for night users (for households). 

SmartPower Service Corp., together with Mizuho Leasing Co. Ltd., is planning to set up charging stations for mansion residents, collecting data on the usage of charging stations and utilizing them with a partnering real estate management company and providing transaction services to residents.

## Funding rounds

- Series A, Mar 3, 2017, $1.3M — Energy & Environment Investment

## Investors

- Energy & Environment Investment (https://capitalatlas.ai/funds/energy-environment-investment) — Series A