# UrbanX Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/urbanx-technologies

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.urbanx-tech.com
- Total disclosed funding: $3.8M
- Latest round: Series A (Apr 27, 2022)
- Investors on record: 3

## About

UrbanX Technologies, Inc. leverages digital technology to enhance urban infrastructure management, providing innovative solutions that address the pressing challenges faced by local governments in Japan and beyond.Founded in 2020 in Tokyo, Japan, UrbanX Technologies, Inc. specializes in urban infrastructure management solutions, focusing on digital platforms that assist local governments with aging infrastructure issues. The company has secured JPY 400 million in Series A funding on April 27, 2022, led by ANRI alongside Mitsui Sumitomo Insurance Venture Capital and UTokyo Innovation Platform, with a total amount raised of JPY 400 million to date. The current valuation of the company stands at USD 2,823.53 mn.UrbanX Technologies focuses on enhancing urban infrastructure through the integration of digital technology, aiming to create a sustainable ecosystem for city management. Their core offerings include advanced digital platforms designed to address the management challenges posed by aging infrastructure, which is prevalent across municipalities in Japan and beyond. The company's solutions are primarily targeted at local governments and urban planners who are grappling with the complexities of infrastructure maintenance, including roads, bridges, and water systems. By leveraging data collection and analysis from diverse sources, UrbanX Technologies provides tools that facilitate proactive management and decision-making processes. Their services are implemented in various geographical markets, particularly in Japan, where local governments face the pressing need for effective infrastructure management due to budget constraints and a shortage of specialized personnel.UrbanX Technologies generates revenue through service agreements with municipal governments and local authorities, focusing on delivering digital solutions for urban infrastructure management. The transactional structure typically involves long-term contracts that encompass both software licensing and consulting services, allowing municipalities to access tailored support based on their specific needs. Clients benefit from a subscription model that provides ongoing access to the digital platform and its updates. Although specific pricing details are not disclosed, the revenue model is designed to align with the operational budgets of local governments, ensuring affordability while delivering essential services. The company positions itself as a critical partner in urban development, fostering relationships that support its mission to improve the quality of urban life through enhanced infrastructure management.The company plans to utilize the JPY 400 million raised in Series A funding to enhance its digital infrastructure platform's maintenance support. UrbanX Technologies aims to introduce upcoming products that focus on more comprehensive infrastructure management tools, with specific release dates to be announced. Additionally, the company is targeting expansion into other Asian markets by 2024 to address the increasing demand for urban infrastructure solutions. These initiatives are part of its strategy to solidify its market presence and meet the evolving needs of urban planners and local governments.

## Funding rounds

- Series A, Apr 27, 2022, $3.1M — Mitsui Sumitomo Insurance Venture Capital, ANRI, UTokyo Innovation Platform
- Seed, Oct 15, 2020, $0.8M — ANRI, UTokyo Innovation Platform

## Investors

- ANRI (https://capitalatlas.ai/funds/anri) — Seed, Series A
- UTokyo Innovation Platform (https://capitalatlas.ai/funds/utokyo-innovation-platform) — Seed, Series A
- Mitsui Sumitomo Insurance Venture Capital (https://capitalatlas.ai/funds/mitsui-sumitomo-insurance-venture-capital) — Series A