# Towing Co.

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

- Industry: Materials
- Headquarters: Nagoya-shi, Japan
- Website: www.towing.co.jp/
- Total disclosed funding: $7.1M
- Latest round: Series B (May 29, 2025)
- Investors on record: 19

## About

Based in Japan, Towing Co., Ltd. is engaged in developing innovative agricultural solutions, focusing on high-function soil products that enhance crop productivity and address sustainability challenges.Towing Co., Ltd. specializes in agricultural innovation, founded in 2020 in Nagoya-shi, Japan. The company has completed a total of 5 deals, with the most recent being a Venture Debt funding round of JPY 40.000 mn on May 29, 2025, contributing to a total amount raised of JPY 800.000 mn. The CEO is Nael Nabout.Towing specializes in the development and provision of innovative agricultural solutions, primarily revolving around its flagship product, "??????" (High-Function Soil). This artificial soil accelerates the quality enhancement of farming land, achieving results that would traditionally take 3 to 5 years in approximately one month. The offerings target farmers and agricultural producers aiming to boost crop yields and profitability while addressing carbon reduction initiatives. Towing's products are utilized in diverse markets, including Japan and Thailand, focusing on sustainable practices that contribute to global agriculture. The company collaborates with various sectors, including sustainable livestock and agricultural businesses, to expand the reach and impact of its solutions.Towing operates a business model emphasizing partnerships and collaborations with agricultural stakeholders. Revenue generation occurs through direct sales of its high-function soil and other agricultural products, as well as through joint ventures involving agritech innovations and sustainable farming practices. The company engages in B2B transactions, catering to agricultural cooperatives, farms, and other industry players. Towing’s commitment to sustainability is evident in its practical demonstrations, enhancing visibility and market penetration, which supports ongoing revenue streams through continued partnerships.In May 2025, Towing Co., Ltd. raised JPY 1.94 billion in equity and debt funding led by Beyond Next Ventures, with participation from investors like JICN and Mitsubishi UFJ Trust and Banking. This funding will be used to enhance the technology of its biochar product, develop mass production facilities, and hire employees for business expansion locally and internationally. The company aims to introduce new agricultural products and expand its geographic market presence, focusing on reaching new international regions by 2026.

## Funding rounds

- Series B, May 29, 2025 — Electric Power Development, Mitsubishi UFJ Capital, Kanematsu, Beyond Next Ventures, Kyoto Capital Partners, TOHO GAS Co., Ltd., Hakuhodo, JICN, Suntory Holdings Limited, Mitsubishi UFJ Trust and Banking
- Series A, May 17, 2023, $5.8M — Mitsubishi UFJ Capital, Tokai Tokyo Investment, Shizuoka Capital, Nagoya Small and Medium Business Investment & Consultation, Beyond Next Ventures, Kyoto Capital Partners, epiST Ventures, SB Players, TOHO GAS Co., Ltd., kemuri ventures, NOBUNAGA Capital Village, Aichi Capital, U3 Innovations LLC
- Series A, Dec 19, 2021, $1.3M — Beyond Next Ventures, epiST Ventures, NOBUNAGA Capital Village

## Investors

- Beyond Next Ventures (https://capitalatlas.ai/funds/beyond-next-ventures) — Series A, Series B
- epiST Ventures (https://capitalatlas.ai/funds/epist-ventures) — Series A
- NOBUNAGA Capital Village (https://capitalatlas.ai/funds/nobunaga-capital-village) — Series A
- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series A, Series B
- Tokai Tokyo Investment (https://capitalatlas.ai/funds/tokai-tokyo-investment) — Series A
- Shizuoka Capital (https://capitalatlas.ai/funds/shizuoka-capital) — Series A
- Nagoya Small and Medium Business Investment & Consultation (https://capitalatlas.ai/funds/nagoya-small-and-medium-business-investment-consultation) — Series A
- Kyoto Capital Partners (https://capitalatlas.ai/funds/kyoto-capital-partners) — Series A, Series B
- SB Players — Series A
- TOHO GAS Co., Ltd. — Series A, Series B
- kemuri ventures (https://capitalatlas.ai/funds/kemuri-ventures) — Series A
- Aichi Capital (https://capitalatlas.ai/funds/aichi-capital) — Series A
- U3 Innovations LLC — Series A
- Electric Power Development — Series B
- Kanematsu — Series B
- Hakuhodo — Series B
- JICN — Series B
- Suntory Holdings Limited — Series B
- Mitsubishi UFJ Trust and Banking (https://capitalatlas.ai/funds/mitsubishi-ufj-trust-and-banking) — Series B