Elephantech secures 3 billion yen in Series E financing.
Elephantech Inc. (CEO: Shinya Shimizu, Headquarters: Chuo-ku, Tokyo), a developer of innovative manufacturing technologies that significantly reduce water, resource, and energy consumption of printed circuit boards, has raised around 3 billion yen in its Series E financing.
Elephantech conducted this financing round by utilizing JSDA Shares and Investment trusts for Professionals (J-Ships) with the support of Nomura Securities Co., Ltd. (President: Kentaro Okuda).
For further details regarding the system, please refer to Nomura Securities Co., Ltd.’s press release (in Japanese):
https://www.nomuraholdings.com/jp/news/nr/nsc/20240329/20240329.pdf
With this latest round of funding, Elephantech’s cumulative fundraising since its inception reaches approximately 15 billion yen (comprised of 9.5 billion yen through capital increases and 5.4 billion yen through loans and subsidies).
We will utilize this funding to promote the commercialization of our printed circuit boards and work towards realizing a sustainable electronics industry.
Company Overview
| Name | Elephantech Inc. |
| Establishment | January 2014 |
| Headquarters | 4-3-8 Hatchobori, Chuo-ku, Tokyo 104-0032, Japan |
| Representative | Shinya Shimizu, Representative Director & CEO |
| Business Description | Development of printed electronics manufacturing technology and provision of related services |
| URL | https://elephantech.com/en/ |
Elephantech Inc. Public Relations
pr@elephantech.co.jp