# Tecotec

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.tecotec.co.jp
- Total disclosed funding: $5.8M
- Latest round: Series A (Apr 17, 2020)
- Investors on record: 3

## About

Tecotec Inc. is a technology firm based in Japan that develops innovative software and hardware solutions aimed at enhancing operational efficiency across various industries.Founded in 2007 in Tokyo, Japan, Tecotec Inc. focuses on providing technology solutions that improve workflow and data management. They have completed a total of 4 deals, with their most recent funding round, Series B, occurring on September 12, 2022, raising JPY 600.000 mn from investors including GeoTechnologies, Inc. and Koei Tecmo Games Co., Ltd. The company's current valuation is JPY 6,388.920 mn.Tecotec specializes in advanced technology solutions, primarily focusing on software and hardware designed to enhance operational efficiency across various sectors. Their core offerings include integrated systems for automation and data management, addressing challenges such as optimizing workflow, reducing operational costs, and improving data accuracy. Their clientele encompasses enterprises in Japan and select international markets including North America and Europe, serving end users such as managers and operators in industrial settings.Tecotec's revenue model is built around direct sales and partnerships, enabling B2B transactions. Clients enter agreements that typically involve long-term service contracts alongside the acquisition of software and hardware solutions. Transactions focus on their flagship products, which are customized to meet diverse client needs, with pricing based on system complexity and potential ongoing support services. This model allows Tecotec to sustain a stable revenue stream while cultivating long-term relationships with clients.In September 2022, Tecotec Inc. raised JPY 600.000 mn in their Series B funding round, with the investment aimed at further strengthening their NFT business in collaboration with GeoTechnologies, Inc. The company is focused on launching new products in the coming year and expanding into international markets, specifically targeting North America and Europe for growth. This funding will support the development and marketing of their upcoming product offerings.

## Funding rounds

- Series A, Apr 17, 2020, $5.8M — SBI Investment, NEC Capital Solutions, MINKABU THE INFONOID, Inc.

## Investors

- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series A
- NEC Capital Solutions (https://capitalatlas.ai/funds/nec-capital-solutions) — Series A
- MINKABU THE INFONOID, Inc. — Series A