Tech Company Financing Transactions
Lilz Funding Round
Lilz closed a $4 million funding round on 6/27/2023. Backers included Dimension, Dogan Beta and JIC Venture Growth Investments.
Transaction Overview
Company Name
Announced On
6/27/2023
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Lilz is a Japanese startup that builds devices you can set up to read these meters remotely, and the company just raised $4.1 million as they enter the North American market.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
2-3-7 Ganyoko 2nd Floor Ginowan
Okinawa, 901-2214
JP
Okinawa, 901-2214
JP
Phone
Undisclosed
Website
Email Address
Overview
Advances in machine learning and IoT are making it possible to solve social issues that were previously unsolvable. On the other hand, at various sites around the world that support our social activities, such as equipment maintenance, construction, agriculture, fisheries, and environmental conservation, complex problems that cannot be solved with general IT technology are left behind, and even now, they are inefficient. It is full of "work". We want to contribute to problem solving by providing highly complete services at the site. LiLz aims to make on-site work really easy by designing two areas of machine learning and IoT at the same time and continuing to challenge high-level services.
Management Team
Browse more venture capital transactions:
Prev: 6/27/2023: 1Fort venture capital transaction
Next: 6/27/2023: Federato venture capital transaction
Share this article
About Database of VC Transactions
Our team works diligently to report on funding rounds that are announced publicly. VC investment data records on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs