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§ Private Profile · Tokyo, Tokyo, Japan
Develops additive metal inkjet printing technology for sustainable PCB manufacturing, reducing waste and CO2 for electronic devices and IoT.
Elephantech is a Tokyo, Japan-based manufacturing technology company that develops an additive metal inkjet printing method for producing printed circuit boards. The company's proprietary process replaces traditional subtractive manufacturing techniques, significantly reducing carbon dioxide emissions, water consumption, and the reliance on rare metals during mass production. Their sustainable hardware solutions are primarily utilized across the global electronics industry to support the development of consumer devices and Internet of Things applications. Operating with a workforce of approximately 100 employees, the enterprise has successfully scaled its operations to achieve commercial mass production. The firm has raised nearly $70 million in total venture capital funding from a syndicate of prominent investors that includes Nomura Holdings, Mizuho Bank, Sumitomo Corporation, and East Ventures. Originally established as AgIC before rebranding, the company was founded in 2014 by Shinya Shimizu and Masaaki Sugimoto.
Elephantech has raised $54.2M across 3 funding rounds.
Elephantech has raised $54.2M in total across 3 funding rounds.
Elephantech has raised $54.2M in total across 3 funding rounds.
Elephantech's investors include Mitsubishi Electric, Mizuho Bank, ANRI, Beyond Next Ventures, D&I Investment, East Ventures, Eiwa Corporation, Epson, Kenbishi Sake Brewing, Mitsubishi Gas Chemical, Nanobank, Nose.
Elephantech has raised $54.2M across 3 funding rounds. Most recently, it raised $25.2M Series F in March 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 12, 2026 | $25.2M Series F | Mitsubishi Electric | — | Announced |
| Jan 17, 2024 | $13.6M Debt Financing | Mizuho Bank | — | Announced |
| Nov 17, 2022 | $15.4M Venture Round | — | ANRI, Beyond Next Ventures, D&I Investment, East Ventures, Eiwa Corporation, Epson, Kenbishi Sake Brewing, Mitsubishi GAS Chemical, Nanobank, Nose, Shin Etsu Chemical, Shizuoka Capital, Sumimoto | Announced |