Pixie Dust cleans up with series B funding

May 24, 2019 • Edison Fu

Pixie Dust Technologies, which promotes university-derived technologies from Japan, has received $34.7m in a round that included KDDI, Kansai Electric Power, NEC, Toppan, Dai-ichi Life and Dentsu.

Japan-based digital fabrication and artificial intelligence technology developer Pixie Dust Technologies (PDT), has raised ¥3.8bn ($34.7m) in a series B round featuring several corporate investors.
Telecommunications firm KDDI, energy utility Kansai Electric Power Group and IT equipment producer NEC’s NEC Capital Solutions subsidiary took part in the round through respective corporate venturing vehicles KDDI Open Innovation Fund, K4 Ventures and CSV Venture Fund.
Printing services provider Toppan, insurance provider Dai-ichi Life Insurance and marketing group Dentsu also invested,…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.

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