THE BRIDGE

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8 hardware startups give pitches at first Hardware Cup in Osaka for Pittsburgh finals

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This is a guest post by Mari Futagami, Community Manager of Kyoto-based hardware startup accelerator Makers Boot Camp. The accelerator holds the Monozukuri Hub Meetup event in Kyoto on a monthly basis. Additionally, all photos in this article were provided by professional photographer Miki Matsuura of Tumiki Photo. See the original story in Japanese. Monozukuri Hardware Cup 2017 was held for the first time in conjunction with Hack Osaka 2017 on 9th February. It is a pitch event hosted by Monozukuri Hardware Startup Consortium aiming to be a stepping stone for the Japanese “monozukuri” (referring to manufacturing in Japanese) startups which can potentially be successful around the world. Monozukuri Hardware Startup Consortium is organized by Darma Tech Labs (Kyoto), FabFoundry (New York City), and TechShop Japan (Minato-ku, Tokyo), and this pitch event is treated as the Japanese regional preliminary of National Hardware Cup which has been held in the US since 2015. Although typical national events in Japan are often held in Tokyo, Monozukuri Hardware Cup will be held in Kansai area for the next three years including this time. Hardware Cup Final has been held in Pittsburgh since 2015, and there is a reason why the regional city was…

This is a guest post by Mari Futagami, Community Manager of Kyoto-based hardware startup accelerator Makers Boot Camp. The accelerator holds the Monozukuri Hub Meetup event in Kyoto on a monthly basis.

Additionally, all photos in this article were provided by professional photographer Miki Matsuura of Tumiki Photo.


See the original story in Japanese.

Monozukuri Hardware Cup 2017 was held for the first time in conjunction with Hack Osaka 2017 on 9th February. It is a pitch event hosted by Monozukuri Hardware Startup Consortium aiming to be a stepping stone for the Japanese “monozukuri” (referring to manufacturing in Japanese) startups which can potentially be successful around the world.

Monozukuri Hardware Startup Consortium is organized by Darma Tech Labs (Kyoto), FabFoundry (New York City), and TechShop Japan (Minato-ku, Tokyo), and this pitch event is treated as the Japanese regional preliminary of National Hardware Cup which has been held in the US since 2015. Although typical national events in Japan are often held in Tokyo, Monozukuri Hardware Cup will be held in Kansai area for the next three years including this time.

Hardware Cup Final has been held in Pittsburgh since 2015, and there is a reason why the regional city was chosen to be the host for the final of the event. Pittsburgh had once flourished as a town of steel industry, but its regional economy was seriously damaged by imported cheap steel in the 1970s. However, Pittsburgh, the city also known as an academic city having good universities such as Carnegie Mellon University, shifted its industrial base into high technology, as well as health, education or finance, and had gradually transformed into a new city since the 1980s.

Attracting innovative sections of top IT players including Google, Apple and Facebook, Pittsburgh has been developing into a more creative environment. Based in such a place, the hardware-focused accelerator AlphaLab Gear, chosen as one of the top 20 programs by Seed Accelerator Rankings Project, hosted Hardware Cup Final. AlphaLab Gear team has been creating an organic ecosystem in Pittsburgh as a key player, tying up with the academic / industrial world in addition to VCs.

Ilana Diamond, Chief of AlphaLab Gear, explained the reason for holding Hardware Cup:

In the US, hardware startups have more difficulties in fundraising rather than web or app startups. I think that is because they could not gain enough understanding of investors or media.

Pitches and exhibition booths

Exhibition booths were set for eight participant startups where visitors can try their products. By allowing them to actually touch and experience the products, their understanding of the hardware development seemed to deepen, and also active communication among startups came to be seen.

In the pitch competition, each team gave a pitch within four minutes and dealt with questions from the judges all in English in five minutes. Under the same regulation with the final, the eight teams competed for a ticket for the final in Pittsburgh.

Atmoph

Gyeong-il Kan, Co-founder / CEO of Atmoph

The first presenter was Kyoto-based Atmoph which developed the world’s first digital smart window under the same name and aims to spread a new travel experience to homes. Co-Founder / CEO of Atomoph Kan’s experience of window-less environment in the US triggered him to start development of the smart window.

With beautiful moving scenery images displayed on the liquid crystal screen and sounds all over the world such as Hawaii, New Zealand, Switzerland or Patagonia, Atmoph provides users to get a feel for actually being there. All images were originally photographed in 4K resolution by partnered cameramen. Currently, more than 500 images of 30 countries have been uploaded and one can purchase them via the app. The window is also able to display daily life information such as weather forecasts or time.

The team is eyeing possibilities for application to health-care or home hub uses.

Dendama

Yoshihiro Otani, CEO of Dendama (right)

Dendama offers an IoT (Internet of Things) kendama (Japanese cup-and-ball toy) under the same name capable of online match games. The player population of kendama is said to be 3 million in Japan and the kendama boom is gradually spreading globally. Dendama is equipped with a sensor capable of discriminating complicated kendama skills by linking with the app and enables online match games with players all over the world.

The team plans exhibition at Kickstarter and SXSW, and continues business activities with a view to linking with AR (augmented reality) technologies.

Lightflyer

Kaoru Kakinuma, CEO of Lightflyer

Lightflyer was spun out from The University of Tokyo and is going to offer the launching service of ultra-small satellites leveraging its know-how of “the microwave rocket” accumulated for 13 years. The launching apparatus costs only tens of thousands of dollars for each ultra-small satellite and that is one-hundredth of conventional ones.

The Lightflyer team has established a research and development in cooperation with the University of Tokyo or Carnegie Mellon University, making efforts to complete the unit to put satellites into low orbit.

Mille-Feuille

Yoshinari Kou, Mille-Feuille

The automated electronic schematic creation tool Mille-Feuille supports programmers or artists without specialized knowledge to freely design their own custom electronic circuits. Mille-Feuille is composed of base board, module board, and device board. Users can participate in designing of the device boards as open hardware and can even sell them.

While sales of device boards will become the first profit for the firm, it also plans to customize and sell the license of the electronic schematic creation tool and its firmware (they are Web tools) to user companies. Moreover, the team has a concept of preparing a marketplace focusing on device boards and offers services like Google Play.

PLENGoer Robotics

Atsuhiko Tomita, COO of PLENGoer Robotics

PLENGoer Robotics develops the original personal assistant robot. The team introduced this time a personal assistant robot capable of changing a general home into a smart home by controlling camera functions or household appliances, which was exhibited at CES too.

Unlike conventional cameras requiring pushing a shatter button, PLENGoer Robotics’ camera recognizes ideal photo opportunities and provides natural photos automatically.

See also:

QD Laser

Hironori Miyauchi, Business Development Manager, Visual Information Device Business Division, QD Laser

QD Laser develops the retina scanning type laser eyewear which projects images directly to wearer’s retina from the built-in laser projector on the eyewear frame. The number of visually handicapped people with impaired vision, who are not completely blind but have cloudy eyesight, totals at about 1.5 million in Japan and 250 million in the world including developing countries so this technology has a possibility of contributing to improvement of their quality of life.

With the specially designed optical system, QD Laser is able to project clear images regardless of the accommodation of eyes including eyesight or in-focus position. The team has been developing the glasses as medical instrument or welfare equipment in order to recover visual senses of visually handicapped people mainly caused by dysfunctions of anterior ocular segments such as corneas and lens. The team also implied the application possibilities in other fields such as AR or smart glasses where significant expansion is expected in the future.

Secual

Naoki Nishida, COO of Secual

Secual was founded in June of 2015, aiming to realize a new style of home security utilizing IoT. When the built-in sensor of the device installed on a window or a door detects unusual vibration, it transmits information to the firm’s center system via the gateway and notifies user’s smartphone of the analyzed information.

The device costs about $90 at least. Since it can be easily installed without requiring wiring works, the team approaches possible users who had gave up introducing home security due to high costs or installation limitations in rental houses, and aims to secure profit by setting $8.7 as the monthly charge.

The team is also developing new devices that work with Secual and is looking to various kinds of business development such as utilization in welfare facilities through strengthening cooperation with external organizations.

See also:

VAQSO

Kentaro Kawaguchi, CEO of Vaqso (right)

Vaqso develops the scent generation device attachable to HMD (head-mount display). Linking with VR contents, it is able to shoot out various realistic smells and provides VR experience with higher reality. The device can be installed to all HMD on the market.

See also:

Awards Ceremony: QD Laser Won the Top Prize

QD Laser team won the top prize

After the pitch competition held at the communication area with a casual atmosphere, the awards ceremony was held at the main arena.

The scent device for VR Vaqso team took 3rd place and the personal assistant robot PLENGoer Robotics team took 2nd place. The top prize went to the retina scanning type laser eye-ware QD Laser team.

(From left) Jeffrey McDaniel, Hikari Takahashi, and Shuji Fujita as judges for the pitch competition

The chief judge of the pitch competition Jeffrey McDaniel, Executive-in-Residence of Innovation Works hosting the accelerator AlphaLab Gear, commented on Japanese hardware startups:

Presentation in English must be the great first step to make appeal to overseas investors. I hope you all grow up utilizing Japanese manufacturing background.

After the competition, judge Shuji Fujita (President of EO Osaka) and judge Hikari Takahashi (Co-founder of Brain Portal) gave advices to eight participant teams about the key to success in business development. Fujita and Takahashi made great efforts to support the Japanese startup culture.

Supplemental Prizes

Yoshiaki Tsuda, Chief Director, Digital Design Lab of All Nippon Airways which acts as the travel sponsor of this event

The qualifier QD Laser team was given a ticket to the pitch competition in Hardware Cup Final (19th to 20th April, Pittsburgh), as well as round-trip tickets from Japan to New York and travel expense support of $2,600 by the travel sponsor All Nippon Airways.

PLENGoer Robotics in 2nd place and Vaqso in 3rd place were given exhibition rights at demonstration area in Hardware Cup Final and travel expense supports ($1,800 for 2nd place and $880 for 3rd place) as well. Moreover, participation rights to Hardware Cup Demo Day which will be held either in New York or Pittsburgh will be awarded to all higher-ranking winners.

While it was the first Monozukuri Hardware Cup held this time, eight teams were chosen as finalists from 24 applicants through documentary elimination and competed fiercely to qualify for Hardware Cup Final by presenting their own products and business plan.

I hope that holding Monozukuri Hardware Cup continuously in the Kansai area will contribute to further growth of the Japanese hardware startups and become a foothold for creating the ecosystem of manufacturing.

Translated by Taijiro Takeda
Edited by “Tex” Pomeroy

Wantedly, Japan’s social recruiting startup, officially expands into Singapore

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See the original story in Japanese. It has been five years since I first wrote a piece about Wantedly on Penn Olson (now known as Tech in Asia). I remember that I visited the Kayac (TSE:3904) office located in Ebisu to meet CEO Akiko Naka and others. Since Naka was actively providing lectures at many startup conferences such as RISE or Slush Asia (renamed today as Slush Tokyo), I mistakenly thought that Wantedly had already expanded its business globally, but actually this is the first time it is establishing an office overseas (without local offices, it had expanded into Indonesia with a foreign language version of Wantedly services in March of 2015). Wantedly revealed on Thursday that it will commence full-scale sales and promotion activities in the Singapore market, hiring four local staffs. Weiting Tan, who formerly served the last-minute hotel reservation app HotelQuickly as Marketing Manager, has been appointed Country Manager of the local subsidiary Wantedly Singapore. Its office will be established at the co-working space Spacemob near Orchard Road. In commemoration of the full-scale launch, the firm held a party at Red Dot Design Museum in Singapore from 15:30 (local time) this Thursday. Coinciding with the announcement, the…

Image credit: Wantedly Singapore + 123RF (Image composite by Masaru Ikeda)

See the original story in Japanese.

It has been five years since I first wrote a piece about Wantedly on Penn Olson (now known as Tech in Asia). I remember that I visited the Kayac (TSE:3904) office located in Ebisu to meet CEO Akiko Naka and others.

Since Naka was actively providing lectures at many startup conferences such as RISE or Slush Asia (renamed today as Slush Tokyo), I mistakenly thought that Wantedly had already expanded its business globally, but actually this is the first time it is establishing an office overseas (without local offices, it had expanded into Indonesia with a foreign language version of Wantedly services in March of 2015).

Wantedly Singapore team: (L to R) Weiting Tan (Country Manager), Joelle Pang (Int’l Business Development)
Image credit: Wantedly Singapore

Wantedly revealed on Thursday that it will commence full-scale sales and promotion activities in the Singapore market, hiring four local staffs. Weiting Tan, who formerly served the last-minute hotel reservation app HotelQuickly as Marketing Manager, has been appointed Country Manager of the local subsidiary Wantedly Singapore. Its office will be established at the co-working space Spacemob near Orchard Road. In commemoration of the full-scale launch, the firm held a party at Red Dot Design Museum in Singapore from 15:30 (local time) this Thursday.

Coinciding with the announcement, the firm launched the English version of the company visiting app Wantedly Visit for iOS. Although any plan about one for Android is not mentioned at this point, the firm declared that it will accelerate the business development to the Asian countries including Indonesia using the Singapore subsidiary as a hub, so that it seems that the app will also soon become available for Android as it is frequently used in these areas.

The company claims that over 20,000 companies in Japan have registered as users on Wantedly while the number of monthly visiting users have recently reached 1 million.

Translated by Taijiro Takeda
Edited by “Tex” Pomeroy, Masaru Ikeda

Wantedly Visit
Image credit: Wantedly

Japan’s Dazzle lands $1.8 million to develop growth hack tool for VR game developers

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See the original story in Japanese. Updated on March 6: Dazzle CEO’s first name was corrected. Tokyo-based Dazzle, which develops mobile game apps as well as solution for virtual reality (VR) content developers, announced on Wednesday that they raised a total of 200 million yen (about $1.75 million US) in funds from the major construction/manufacturing engineer dispatch company Yumeshin Holdings (TSE: 2362, hereafter referred to as Yumeshin HD) and their subsidiary Yume Education which conducts training programs for IT engineers. This is in addition to the 150 million (about $1.3 million US) raised from Yumeshin HD in June of last year, bringing the total amount raised to 350 million yen (over $3 million US). Following this funding, the President of Yume Education Norikiyo Sato, and major game developer Acrodea’s (TSE: 3823) Director of Solutions Division and Executive Officer Ariro “Alex” Nagayama will serve as Corporate Auditors of Dazzle. Additionally, former Skymark CEO who currently serves as Representative Director of AirAsia Japan Takashi Ide was appointed as a management advisor. Yasuteru Yamada founded Dazzle in 2011 while still working as a freelance programmer (now, he is the CEO). In addition to Valiant Nights, a mobile game for Android and iOS, they…

Image credit: Dazzle

See the original story in Japanese.

Updated on March 6: Dazzle CEO’s first name was corrected.

Tokyo-based Dazzle, which develops mobile game apps as well as solution for virtual reality (VR) content developers, announced on Wednesday that they raised a total of 200 million yen (about $1.75 million US) in funds from the major construction/manufacturing engineer dispatch company Yumeshin Holdings (TSE: 2362, hereafter referred to as Yumeshin HD) and their subsidiary Yume Education which conducts training programs for IT engineers. This is in addition to the 150 million (about $1.3 million US) raised from Yumeshin HD in June of last year, bringing the total amount raised to 350 million yen (over $3 million US).

Following this funding, the President of Yume Education Norikiyo Sato, and major game developer Acrodea’s (TSE: 3823) Director of Solutions Division and Executive Officer Ariro “Alex” Nagayama will serve as Corporate Auditors of Dazzle. Additionally, former Skymark CEO who currently serves as Representative Director of AirAsia Japan Takashi Ide was appointed as a management advisor.

The team members of Dazzle. The second person from the right standing is Dazzle CEO Yasuteru Yamada.
Image credit: Dazzle

Yasuteru Yamada founded Dazzle in 2011 while still working as a freelance programmer (now, he is the CEO). In addition to Valiant Nights, a mobile game for Android and iOS, they have released four VR game titles for Gear VR and HTC Vive. In recent years, R&D consultation on VR from companies has been increasing, and as a service for supporting the PDCA cycle of VR game products, they began to develop growth hack tools / middleware AccessiVR since last year.

In the closed beta version of AccessiVR only Microsoft DayDream devices are compatible, but Gear VR, Oculus Rift, and HTC Vive will be added in the official version. Also, Unity is the only supported language in closed beta, but they plan to add Unreal Engine for the official version, and they are aiming for it to correspond to Amazon Lumberyard in the future. To sequentially add functions required by developers, the company plans to implement budget management and operation plan management functions for setting target budgets and establishing KPI to compare budget forecasts.

AccessiVR’s dashboard
Image credit: Dazzle

In the same business sphere, there are conflicts with Unity Analytics and Cognitive VR as overseas forces, but Unity Analytics can only deal with Unity, and because AccessiVR’s component is light, when it is incorporated into a VR game or content the fact that there is less loss to the FPS (frame per second) is said to be its technological merit. Following the participation of as many as 10 developers in closed beta tests, they aim for the official version to be out from June to July, and in partnering with VR Arcades, acquiring vital data through cooperation with IoT startups, they hope to differentiate themselves in terms of actual operation. I was reminded of visiting VR Space in Shibuya awhile back, where Executive Producer Akihito Ninomiya suggested that the VR Arcade could be used as a VR developer’s acquisition of growth hack data and as a marketing base.

Currently Dazzle has not received funding from any VCs. Yamada explained that if they were to receive funds from VC as a VR company, Dazzle would seek to specialize in VR only, and if they pursue funding as a specifically VR company, there is the possibility that their valuation could lower. He elaborated that after evaluating the game business that they were already able to monetize they sought to invest in a new business, and the company that understood that vision was Yumishin HD, leading to the acceptance of the investment.

There are around 40 employees at Dazzle including engineers, and in light of the fact that 2018-2019 the global VR industry is set to become vibrant, the in-house developers of smartphone games will gradually shift to the VR business. Using funds raised this time around, the company is focusing on strengthening the development engineers and support staff of AccessiVR.

Translated by Amanda Imasaka

Zeroth, Asia’s AI accelerator, ties up with Mind Fund startup studio for Japan expansion

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See the original story in Japanese. Hong Kong-based Zeroth.ai, the accelerator focused on nurturing startups from Asia in the artificial intelligence (AI) and machine learning (ML) verticals, announced on Friday that it has fundraised an undisclosed sum from and partnered with the region’s startup studio Mind Fund. Mind Fund is to invest in selected startups born out of Zeroth’s acceleration program batches. Zeroth.ai was launched back in July by Tak Lo who previously served TechStars, one of world-renowned startup accelerator networks, as director in New York City and London. Upon finishing the first batch program from Zeroth, 10 teams from the cohort recently pitched their final results at the firm’s latest Investor Day. Meanwhile, Mind Fund is a startup studio founded in 2010 by Adam Lindemann who previously served Tokyo-based VC/incubation firm Neoteny as business development manager. Neoteny was launched back in 1999 by MIT Media Lab director Joi Ito. In January this year, Mind Fund secured an undisclosed sum in funding from DG Incubation, the investment arm of Japanese internet company Digital Garage (TSE:4819), and the former claimed that it will provide startups in the blockchain, AI, FinTech-based payments fields with added support for expansion into the Asian market…

See the original story in Japanese.

Hong Kong-based Zeroth.ai, the accelerator focused on nurturing startups from Asia in the artificial intelligence (AI) and machine learning (ML) verticals, announced on Friday that it has fundraised an undisclosed sum from and partnered with the region’s startup studio Mind Fund. Mind Fund is to invest in selected startups born out of Zeroth’s acceleration program batches.

Zeroth.ai was launched back in July by Tak Lo who previously served TechStars, one of world-renowned startup accelerator networks, as director in New York City and London. Upon finishing the first batch program from Zeroth, 10 teams from the cohort recently pitched their final results at the firm’s latest Investor Day.

Meanwhile, Mind Fund is a startup studio founded in 2010 by Adam Lindemann who previously served Tokyo-based VC/incubation firm Neoteny as business development manager. Neoteny was launched back in 1999 by MIT Media Lab director Joi Ito. In January this year, Mind Fund secured an undisclosed sum in funding from DG Incubation, the investment arm of Japanese internet company Digital Garage (TSE:4819), and the former claimed that it will provide startups in the blockchain, AI, FinTech-based payments fields with added support for expansion into the Asian market in partnership with the Tokyo company (Editor’s note: Joi Ito is also one of Digital Garage’s managing directors.)

Upon Zeroth’s funding from Mind Fund this time around, we can expect that it will help AI startups in which the firm specializes enhance business into the Asian, Japanese and US markets since the funds from Digital Garage could be indirectly brought to Zeroth’s effort through the partnership with Mind Fund.

Edited by “Tex” Pomeroy

Fukuoka City to launch integrated startup support hub to create future unicorns

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See the original story in Japanese. Fukuoka City Government and three companies, namely Fukuoka Jisho, Sakura Internet and Apamanshop Holdings (TSE:8889) announced on Monday that they will establish a startup support facility in the public / private cooperative style named Fukuoka Growth Next on 12th April at the site formerly occupied by Daimyo elementary school in Fukuoka. Coinciding with the announcement, they opened applications for startups hoping to move in. The establishment of Fukuoka Growth Next aims, in short, to create future unicorns from Fukuoka. To promote “interactions” between startups and to increase public awareness of startups, co-working space, event space, cafe, standing bar and DIY studio will be set up at the facility. The function of the startup support base Startup Cafe in Tenjin, Fukuoka City will be transferred to Fukuoka Growth Next. It supports initiation or company registration, is equipped with the designer training space Fukuoka Design Hub and an engineer training space called Engineer Lab Fukuoka. Moreover, a dozen venture capital firms will jointly provide mentoring and several partner companies provide server or cloud environment free of charge. This project was based on a plan proposed by Fukuoka Jisho, Sakura Internet and Apamanshop Holdings as business associates…

From a press conference on Monday in Fukuoka
Image credit: Fukuoka City

See the original story in Japanese.

Fukuoka City Government and three companies, namely Fukuoka Jisho, Sakura Internet and Apamanshop Holdings (TSE:8889) announced on Monday that they will establish a startup support facility in the public / private cooperative style named Fukuoka Growth Next on 12th April at the site formerly occupied by Daimyo elementary school in Fukuoka. Coinciding with the announcement, they opened applications for startups hoping to move in.

The establishment of Fukuoka Growth Next aims, in short, to create future unicorns from Fukuoka. To promote “interactions” between startups and to increase public awareness of startups, co-working space, event space, cafe, standing bar and DIY studio will be set up at the facility.

The function of the startup support base Startup Cafe in Tenjin, Fukuoka City will be transferred to Fukuoka Growth Next. It supports initiation or company registration, is equipped with the designer training space Fukuoka Design Hub and an engineer training space called Engineer Lab Fukuoka. Moreover, a dozen venture capital firms will jointly provide mentoring and several partner companies provide server or cloud environment free of charge.

This project was based on a plan proposed by Fukuoka Jisho, Sakura Internet and Apamanshop Holdings as business associates and was adopted at the behest of Fukuoka City Government. It allows startups, prospective entrepreneurs, second founders and existing companies / support companies to cooperate with startups to apply for entry into the facility and applications are being accepted on the official website until 10th March.

Translated by Taijiro Takeda
Edited by “Tex” Pomeroy

Image of entrance part of Fukuoka Growth Next
Image credit: Fukuoka City

Japan’s Vinclu, holographic virtual assistant developer, acquired by Line

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See the original story in Japanese. Tokyo-based Vinclu, the Japanese startup developing a holographic virtual assistant called Gatebox, has announced that it will start co-developing solutions using Clova, the artificial intelligence (AI) platform developed by Japanese messaging company Line and its Korean parent company Naver. Coinciding with this, Line unveiled that it will take a major stake in Vinclu although financial details have not been disclosed. Upon this acquisition, Jun Masuda, CSMO (Chief Strategy & Marketing Officer) of Line, joined the management board of Vinclu on March 1st while Primal Capital’s Hiroshi Sasaki will retain the startup’s strategic advisor position. The Clova AI platform was just unveiled at Mobile World Congress 2017, underway now in Barcelona. Aiming to catch up with competitors like Amazon Alexa and Google Assistant, the Naver and Line consortium are planning to introduce AI-enabled solutions in Japan and Korea this summer, with products like the Clova app and the Wave smart speaker. See also: Gatebox, holographic virtual assistant, launches pre-orders for geeks in Japan, US Japan’s Vinclu gains $768K in funding to develop hologram assistant for smart living The Clova platform consists of Clova Brain and Clova Interface, each of which is respectively relevant to the…

See the original story in Japanese.

Tokyo-based Vinclu, the Japanese startup developing a holographic virtual assistant called Gatebox, has announced that it will start co-developing solutions using Clova, the artificial intelligence (AI) platform developed by Japanese messaging company Line and its Korean parent company Naver. Coinciding with this, Line unveiled that it will take a major stake in Vinclu although financial details have not been disclosed.

Upon this acquisition, Jun Masuda, CSMO (Chief Strategy & Marketing Officer) of Line, joined the management board of Vinclu on March 1st while Primal Capital’s Hiroshi Sasaki will retain the startup’s strategic advisor position.

The Clova AI platform was just unveiled at Mobile World Congress 2017, underway now in Barcelona. Aiming to catch up with competitors like Amazon Alexa and Google Assistant, the Naver and Line consortium are planning to introduce AI-enabled solutions in Japan and Korea this summer, with products like the Clova app and the Wave smart speaker.

See also:

The Clova platform consists of Clova Brain and Clova Interface, each of which is respectively relevant to the eyes/mouth and the ears of humans. While a hardware device like the Wave smart speaker secures interfaces that allow the platform to communicate with users, Vinclu’s Gatebox is considered to be defined in that layer.

According to the statement from Line, the company signed a partnership with Sony Mobile Communications in the smart product development and with Takara Tomy (TSE:7867) in the smart toy development, in addition to one with Vinclu in the home robot development. Going forward Vinclu will leverage the Clova platform to develop various applications such
as news updates and calendar-based content offerings, voice command-based home control and Audiobook playback.

Translated by Masaru Ikeda
Edited by “Tex” Pomeroy

Japanese geo-analytics startup Nightley secures $1.1M funding in series A round

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See the original story in Japanese. Tokyo-based Nightley, the Japanese startup developing geo-analytics solutions, announced on Monday that they raised a total of 130 million yen (around $1.2 million US) from Nissay Capital, SMBC Venture Capital, and Legend Partners in a series A round. This follows their previous funding of an undisclosed sum from NetAge and Altovision (now known as Experian Japan) in a seed round back in May of 2011. Yutaka Ishikawa, previously of NetAge, founded Nightley in 2011. Initially, the company operated the Milcle app which facilitated communication between shop operators and customers, but then pivoted their business to data collection and analysis specializing in location information. In addition to Inbound Insight, a tool capable of analyzing the behaviors of visitors for inbound businesses launched in July of 2015, they have released a series of services including ABC Lunch, an app that connects users and regional restaurants using SNS big data; ZouZou, a tourism support app for visitors to Japan; and Pokémon GO Insight, which shows popular areas for Pokémon GO on a map. See also: Tokyo Office Tour: Nightley brings behavioral consumer data to geo-analytics Of these, in particular the B2B service Inbound Insight contributes to the…

See the original story in Japanese.

Tokyo-based Nightley, the Japanese startup developing geo-analytics solutions, announced on Monday that they raised a total of 130 million yen (around $1.2 million US) from Nissay Capital, SMBC Venture Capital, and Legend Partners in a series A round. This follows their previous funding of an undisclosed sum from NetAge and Altovision (now known as Experian Japan) in a seed round back in May of 2011.

Yutaka Ishikawa, previously of NetAge, founded Nightley in 2011. Initially, the company operated the Milcle app which facilitated communication between shop operators and customers, but then pivoted their business to data collection and analysis specializing in location information. In addition to Inbound Insight, a tool capable of analyzing the behaviors of visitors for inbound businesses launched in July of 2015, they have released a series of services including ABC Lunch, an app that connects users and regional restaurants using SNS big data; ZouZou, a tourism support app for visitors to Japan; and Pokémon GO Insight, which shows popular areas for Pokémon GO on a map.

See also:

Of these, in particular the B2B service Inbound Insight contributes to the company’s sales. This service collects and analyzes data based on posts published on SNS such as Twitter and Weibo, and clients can then get a taste of user tendencies (facilities visited, types of movement, routes taken) based on nationality. The company offers a premium service with more than 4,000 clients including major advertising companies, convenience stores, rail companies, and marketing research companies.

It appears that after one and a half years since the launch, the company will expand the  variation of services offered through Inbound Insight.

He explained:

Nightley CEO Yutaka Ishikawa

We started with an SNS (social network service-based) analysis plan. From there we have expanded the variations using stats other than SNS, for example, partnering with NTT DoCoMo to collect anonymous data from inbound tourists (users of roaming in), and negotiating with the Ministry of Economy, Trade, and Industry to gather and analyze data on the trends of visitors to Japan.

We are putting out a plan with Val Laboratory [known as Ekisupaato, the expert on stations] that multiplies station data and location analysis data, as well as developing a plan with the Mitsubishi Research Institute, who are skilled in tourism analysis, that can predict the future of inbound visitors.

For a diagnostic plan of priorities, for example, if you input the address list of a chain of stores, you can see which store has a large number of Chinese tourists, so providers know whether introducing the Alipay terminal is a priority or not.

They have also advanced statistically visible content by tracing the trends based on the price of the accommodations chosen by users, making it possible to see where users with more money are choosing, as well as the routes backpackers are taking. Recently, there are also increasing numbers of automobile and rental car companies, etc., requesting analyses of their raw trend data from customers, including location information, in order to obtain context from the data.

Nightley plans to use the funds raised this time around to expand their app and location intelligence business. Specifically, they are looking to improve and increase the plans for Inbound Insight, targeting companies looking to promote visiting foreigners to Japan and companies providing solutions for inbound actions.

Translated by Amanda Imasaka

3 Southeast Asian AI startups that could work well in Europe

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This guest post is authored by Mark Bivens. Mark is a Silicon Valley native and former entrepreneur, having started three companies before “turning to the dark side of VC.” He is a venture capitalist that travels between Paris and Tokyo (aka the RudeVC). You can read more on his blog at http://rude.vc or follow him @markbivens. The Japanese translation of this article is available here. Last Friday I had the pleasure of attending the remote webcast of Zeroth.ai accelerator’s class pitch day. Here in The Bridge you’ll find a more comprehensive recap of the event. In contrast, I’ll hone in on three AI startups which struck me as particularly relevant for the European market. Rocco.ai – an AI-powered social media manager. Rocco’s key selling point is improving the efficiency of managing myriad social media campaigns in the saturated space of platforms. Sounds worthwhile. However, I could already imagine another killer app: tweak the Rocco bot to suffer through the countless productivity-sapping meetings which are all-too-common in many Southern European business environments. Impress.ai – an AI-powered candidate screening tool for employers. One of Europe’s strengths is is deep base of diverse talent in the job-seeking pool. Hiring managers are inundated with…

mark-bivens_portraitThis guest post is authored by Mark Bivens. Mark is a Silicon Valley native and former entrepreneur, having started three companies before “turning to the dark side of VC.” He is a venture capitalist that travels between Paris and Tokyo (aka the RudeVC). You can read more on his blog at http://rude.vc or follow him @markbivens. The Japanese translation of this article is available here.


Last Friday I had the pleasure of attending the remote webcast of Zeroth.ai accelerator’s class pitch day.

Here in The Bridge you’ll find a more comprehensive recap of the event. In contrast, I’ll hone in on three AI startups which struck me as particularly relevant for the European market.

Rocco.ai – an AI-powered social media manager. Rocco’s key selling point is improving the efficiency of managing myriad social media campaigns in the saturated space of platforms. Sounds worthwhile. However, I could already imagine another killer app: tweak the Rocco bot to suffer through the countless productivity-sapping meetings which are all-too-common in many Southern European business environments.

Impress.ai – an AI-powered candidate screening tool for employers. One of Europe’s strengths is is deep base of diverse talent in the job-seeking pool. Hiring managers are inundated with résumés in countries which have punishingly high unemployment rates. Impress.ai’s tool strikes me as a remedy to optimizing these hiring processes. One open question for bots like these is how do we ensure that our human biases do not become integrated into the AI tools humans build?

Sero.ai – a clever application for deep learning to improve rice crop yields. By taking photos of their rice fields with their smartphones, farmers can obtain AI-driven analytics and disease diagnoses in real-time in order to optimize usage of pesticides, fertilizers, water, and energy on their crops. This led me to thinking: would a similar application be appropriate for vineyards? For example, could a winemaker minimize pesticide usage based on an AI-informed recommendation of insect susceptibility? Or perhaps even the harvest date could be optimized? It would seem to me that a startup from one of the major wine regions in France, Italy, or even Germany would have some legitimacy in this area.

To reiterate what I had mentioned in my predictions post, I believe 2017 will be a breakout year for the deployment of AI applications. By this I mean that AI companies will start to master the processes of expectation management and social engineering in order to bring AI across the chasm of consumer perception. This excites me as an investor.

[On a related note: my favorite venue for meeting AI entrepreneurs in Tokyo is the aptly-named Deus Ex Machina, a surf shop that doubles as a café (or vice versa). If you appreciate AI (or even just a well-balanced Gibraltar, albeit brewed by a human), Deus is worth a stop. If you bump into me there, I’m probably meeting with an AI entrepreneur, so please introduce yourself. However, please don’t “out” me as a VC since the staff of the Deus only know me as the California surfer dude.]

Japan’s Mixi acquires Compath.me, Tokyo startup behind family photo service Kiddy

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Tokyo-based Compath.me, the startup behind family photo service Kiddy, announced on Monday that it had been recently acquired by Japanese internet company Mixi (TSE:2121). Financial terms regarding the deal have not been disclosed but Compath.me’s founder and CEO Hiromichi Ando plus  his some colleagues will join Mixi upon the acquisition. Mixi’s ‘Vantage Studio’ department, the new business development team directly led by Mixi co-founder and chairman Shinji Kasahara, has been offering a family photo service called Mitene (meaning ‘Check out this!’ in Japanese) since 2015. The company announced earlier this month that the app has acquired over 1 million users. According to the statement from Compath.me, the Kiddy app is expected to be merged into the Mitene app soon with the user migration. The Kiddy app will be completely shutting down in late April. Meanwhile, Mixi recently started broadcasting TV commercials across Japan to boost user acquisition for the Mitene app (see video below). Compath.me was originally launched back in 2011, graduating from Tokyo-based startup incubator Open Network Lab. Starting with a photo-sharing app aiming to help users discover locations and events around them, they subsequently pivoted to the family photo service in 2013.Compath.me was originally launched back in 2011,…

Tokyo-based Compath.me, the startup behind family photo service Kiddy, announced on Monday that it had been recently acquired by Japanese internet company Mixi (TSE:2121). Financial terms regarding the deal have not been disclosed but Compath.me’s founder and CEO Hiromichi Ando plus  his some colleagues will join Mixi upon the acquisition.

Mixi’s ‘Vantage Studio’ department, the new business development team directly led by Mixi co-founder and chairman Shinji Kasahara, has been offering a family photo service called Mitene (meaning ‘Check out this!’ in Japanese) since 2015. The company announced earlier this month that the app has acquired over 1 million users. According to the statement from Compath.me, the Kiddy app is expected to be merged into the Mitene app soon with the user migration. The Kiddy app will be completely shutting down in late April.

Meanwhile, Mixi recently started broadcasting TV commercials across Japan to boost user acquisition for the Mitene app (see video below).

Compath.me was originally launched back in 2011, graduating from Tokyo-based startup incubator Open Network Lab. Starting with a photo-sharing app aiming to help users discover locations and events around them, they subsequently pivoted to the family photo service in 2013.Compath.me was originally launched back in 2011, graduating from Tokyo-based startup incubator Open Network Lab. Starting with a photo-sharing app aiming to help users discover locations and events around them, they subsequently pivoted to the family photo service in 2013.

Compath.me has fundraised an undisclosed sum in a seed round from DG Incubation (the company operating Open Network Lab as well as the investment arm subsidiary of Digital Garage), Architype and Netprice.com (now known as Beenos, TSE:3328). Subsequently the startup raised 50 million yen (about $492,000) from Japanese internet company United (TSE:2497) in May of 2014.

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Edited by “Tex” Pomeroy

Japanese C2C marketplace app Mercari to acquire Asia-focused auction site Smaoku

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Japanese C2C(consumer-to-consumer) marketplace app producer Mercari announced today that it will acquire Zawatt, the startup behind a Japan-based online auction site catering in brand goods, called Smaoku. The deal takes effect as of Feb.27 but financial details thereof have not been disclosed. Smaoku (short for Smart Auction) allows users to buy/sell authentic second-hand items vis-a-vis other users. Last May, English and traditional Chinese interfaces became usable in addition to the Japanese one, aiming to serve U.S., Hong Kong, Taiwanese and Singaporean buyers. Since being established in May of 2011, Zawatt has released several web services including WebScope (social list bulletin board) and Ohako (karaoke companion finder). The company launched Smaoku in October of 2013 and won KDDI Mugen Labo’s 5th batch demo day with the ‘real-time auction’ concept that makes users feel as if they are at a real auction site when buying items online. In 2015, Zawatt raised 250 million yen(USD 2 million) from IMJ Investment Partners (IMJ-IP), plus China’s SIG Asia Investments and its partner VC firm MS Capital of Japan. Upon the acquisition at this time, Zawatt co-founder and CEO Daisaku Harada will join Mercari while Smaoku will continue to be run by the current staff. See…

Japanese C2C(consumer-to-consumer) marketplace app producer Mercari announced today that it will acquire Zawatt, the startup behind a Japan-based online auction site catering in brand goods, called Smaoku. The deal takes effect as of Feb.27 but financial details thereof have not been disclosed.

Smaoku (short for Smart Auction) allows users to buy/sell authentic second-hand items vis-a-vis other users. Last May, English and traditional Chinese interfaces became usable in addition to the Japanese one, aiming to serve U.S., Hong Kong, Taiwanese and Singaporean buyers.

Since being established in May of 2011, Zawatt has released several web services including WebScope (social list bulletin board) and Ohako (karaoke companion finder). The company launched Smaoku in October of 2013 and won KDDI Mugen Labo’s 5th batch demo day with the ‘real-time auction’ concept that makes users feel as if they are at a real auction site when buying items online.

In 2015, Zawatt raised 250 million yen(USD 2 million) from IMJ Investment Partners (IMJ-IP), plus China’s SIG Asia Investments and its partner VC firm MS Capital of Japan.

Upon the acquisition at this time, Zawatt co-founder and CEO Daisaku Harada will join Mercari while Smaoku will continue to be run by the current staff.

See also:

Edited by “Tex” Pomeroy