# Wavelet

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

- Industry: Business Support Services
- Headquarters: Tokyo, Japan
- Website: www.wvl.co.jp/
- Total disclosed funding: $1.6M
- Latest round: Series A (Nov 28, 2024)
- Investors on record: 2

## About

Founded in 2022 and based in Tokyo, Japan, Wavelet, Inc. operates as a provider of monitoring and analysis services that uses its portable active seismic source devices. These tools are used to create seismic waves to detect status and conditions of projects like carbon capture storage and civil engineering structures. In November 2024, Wavelet, Inc. raised JPY 250 million in series A funding from ONE Innovators with participation from UTokyo Innovation Platform.

The company specializes in advanced geophysical monitoring solutions through its core product, the PASS (Portable Array Seismic Source). This compact seismic device, developed by the University of Tokyo's Tsujii Laboratory, facilitates low-cost, continuous monitoring of subsurface conditions. The PASS system serves various applications, including carbon dioxide subterranean storage, ground monitoring, resource development, and geothermal energy production, catering to industries that require detailed geological insights, particularly in regions focused on environmental sustainability and resource management.

The company generates revenue through the provision of geophysical monitoring services utilizing the PASS device. The company operates on a business-to-business (B2B) model, collaborating directly with clients involved in environmental research, resource extraction, and energy production. Revenue is structured around service agreements and project contracts that include data acquisition, analysis, and technical support. The company engages clients through customized service packages tailored to project requirements, involving upfront fees for installation and ongoing fees for monitoring and data analysis, ensuring a sustained revenue stream from its flagship PASS technology.

## Funding rounds

- Series A, Nov 28, 2024, $1.6M — UTokyo Innovation Platform, ONE Innovators

## Investors

- UTokyo Innovation Platform (https://capitalatlas.ai/funds/utokyo-innovation-platform) — Series A
- ONE Innovators (https://capitalatlas.ai/funds/one-innovators) — Series A