Milestones
2014
Founded as AgIC Inc. in Bunkyo-ku, Tokyo.
2016
Initiated technical validation of flexible printed circuits (FPCs) using inkjet printing technology.
2017
Launched sales of FPC product, P-Flex™ made using proprietary Pure Additive™ process.
Renamed the company to Elephantech Inc.
2018
Relocated Headquarters to Chuo-ku, Tokyo and established a small-scale demonstration line.
Launched sales of polyimide-based FPC.
2019
Entered into collaborations with Seiko Epson Corporation, Mitsui Chemicals, Inc. and Sumitomo Corporation.
Raised JPY 1.8 billion in funding.
2020
Established AMC Nagoya, the Pure Additive™ FPC mass production site.
2021
P-Flex™ PI obtained U.S. UL certification, safety standards established by Underwriters Laboratories Inc. (UL).
2022
AMC Nagoya obtained ISO 9001 and ISO 14001 certifications.
Established Shinkiba R&D Center.
2023
Raised JPY 3.9 billion in funding.
Signed a Memorandum of Understanding (MoU) with LITEON Technology Corporation to advance the mass production of low-carbon printed circuit boards (PCBs).
2024
Raised JPY 3 billion in funding.
Initiated the rollout of SustainaCircuits™, a new brand evolved from P-Flex™.
Launched the 4th-generation inkjet printing platform and the ELP04 PCB manufacturing system based on it.
Developed general-purpose multilayer PCBs powered by SustainaCircuits™.
2025
SustainaCircuits™ adopted in mass production for Logitech International’s mouse products.
Signed a second MoU with LITEON to advance the adoption of SustainaCircuits™ in its supply chain.
Launched sales of the proprietary inkjet equipment series and achieved the first commercial sale of the initial model.
Developed a novel HDI microvia formation process using copper nanoparticle ink.
2026
Entered into strategic collaboration with Mitsubishi Electric Corporation.
Raised JPY 4.2 billion in funding.