# Thyas Co.

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

- Industry: Biotechnology
- Headquarters: Kyoto, Japan
- Website: www.thyas.co.jp
- Total disclosed funding: $22M
- Latest round: Series B (Feb 28, 2022)
- Investors on record: 7

## About

Thyas Co. Ltd. is a technology-driven company that specializes in delivering innovative solutions tailored for industries such as healthcare, manufacturing, and logistics, enhancing operational efficiency and user experience through advanced software and hardware integrations.Founded in 2015 in Kyoto, Japan, Thyas Co. Ltd. focuses on providing industry-specific technological solutions. The company has successfully completed 4 deals, with its most recent funding round being a Series B in February 2022. The company is led by CEO Yasumichi Hitoshi, who has a background in technology entrepreneurship. Thyas has not undergone any significant pivots or changes in its business strategy since its inception.Thyas Co., Ltd. specializes in innovative technological solutions aimed at addressing industry-specific challenges. The company’s core offerings revolve around advanced software applications and hardware integrations designed for sectors such as healthcare, manufacturing, and logistics. These products enhance operational efficiencies, streamline processes, and improve overall user experience by providing real-time data analytics and automation functionalities. The end-users of these solutions include businesses seeking to optimize their operations and reduce costs through technology-driven insights. Thyas has established a presence in key international markets, particularly in North America and Europe, ensuring that its products cater to a diverse clientele ranging from small enterprises to large corporations seeking tailored solutions for their unique challenges.Thyas Co., Ltd. generates revenue through a structured model that includes direct sales of its proprietary software and hardware products, as well as subscription-based services that provide ongoing support and updates. Clients typically engage in purchasing these products through a combination of one-time payments and annual subscriptions, allowing for continuous access to upgraded features and technical assistance. The transactions are primarily B2B, with an emphasis on establishing long-term partnerships with organizations that value innovation and efficiency. Specific pricing plans for flagship products, integral to Thyas’s value proposition, align with market standards to ensure competitive positioning while delivering comprehensive solutions tailored to their clients' needs.In February 2022, Thyas Co. Ltd. raised JPY 2.13 billion in Series B funding from investors including D3 LLC, Eight Roads Ventures, and F-Prime Capital. The company plans to utilize this funding to expand its team to support future growth and enhance its operations in the USA. Furthermore, Thyas aims to launch new products tailored to industry needs and expand into specific new markets, with a focus on enhancing its reach in North America and Europe by the end of 2023.

## Funding rounds

- Series B, Feb 28, 2022, $18M — Eight Roads Ventures, F-Prime Capital, D3 LLC
- Series A, Nov 20, 2019, $2.2M — MIRAIDOOR, Chushin Venture Capital, Kyoto University Innovation Capital
- Series A, Jun 28, 2019, $1.8M — SMBC Venture Capital, Kyoto University Innovation Capital

## Investors

- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series A
- Kyoto University Innovation Capital (https://capitalatlas.ai/funds/kyoto-university-innovation-capital) — Series A
- MIRAIDOOR (https://capitalatlas.ai/funds/miraidoor) — Series A
- Chushin Venture Capital (https://capitalatlas.ai/funds/chushin-venture-capital) — Series A
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series B
- F-Prime Capital (https://capitalatlas.ai/funds/f-prime-capital) — Series B
- D3 LLC (https://capitalatlas.ai/funds/d3-llc) — Series B