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Aucfan operates a comprehensive data platform for online commodity transactions, aggregating trading data from various e-commerce and auction sites. It provides users with market price information, trend analysis, and product value insights. The company develops tools to enhance inventory liquidity and support pricing strategies.
Shuichi Takenaga founded Aucfan in June 2007, motivated by the insight that information asymmetry hindered fair online and offline commodity markets. He saw the need for transparent pricing data, leading to systematic collection, processing, and visualization of transaction histories and market trends.
The platform serves a broad spectrum of users, from individuals and side businesses to small enterprises, retailers, and wholesalers across C2C, B2C, and B2B transactions. Aucfan’s vision is to be the definitive global source for fair and accurate commodity transaction information, fostering dynamic and stable markets through transparent inventory values and efficient redistribution.
Key people at Aucfan.
Aucfan has 2 tracked investments across 2 companies. The latest tracked deal is $11.2M Series A in nextProtein in May 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 27, 2020 | nextProtein | $11.2M Series A | Raise Ventures, Christian LIM, Telos Impact | Althelia Sustainable Ocean Fund, Kepple Africa Ventures, Mirova |
| Mar 13, 2020 | Fuzu | $3.8M Series A | Sparkmind.vc | Finnfund, Kepple Africa Ventures, Seedstars International Ventures |
Key people at Aucfan.