About GLM
GLM is a company based in Kyoto (Japan) founded in 2010 by Hiroyasu Koma was acquired by O Luxe Holdings in July 2017. It operates as a Product-as-a-Service, Professional Services, and Mobility-as-a-Service. GLM has raised $21.16 million across 3 funding rounds from investors including CITIC Capital, O Luxe Holdings and Riyadh Valley Company. GLM offers products and services including MiMoS, Commercial Vehicle Sub-Battery, GLM Platform, and Engineering Services. GLM operates in a competitive market with competitors including Tesla, Polestar, NIO, Fisker and Beijing Che Lixing Information Technology, among others.
- Headquarter Kyoto, Japan
- Founders Hiroyasu Koma
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Glm Co.,Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$21.16 M (USD)
in 3 rounds
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Latest Funding Round
$14.14 M (USD), Series B
May 25, 2015
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Investors
CITIC Capital
& 9 more
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Employee Count
Employee Count
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Acquired by
O Luxe Holdings
(Jul 07, 2017)
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Products & Services of GLM
GLM offers a comprehensive portfolio of products and services, including MiMoS, Commercial Vehicle Sub-Battery, GLM Platform, and Engineering Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Light EV designed for unique car-sharing solutions.
Sub-battery system developed for commercial vehicle applications.
Platform supporting EV development and innovative solutions.
Engineering support provided for EV and automotive projects.
Funding Insights of GLM
GLM has successfully raised a total of $21.16M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $14.14 million completed in May 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $14.1M
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First Round
First Round
(01 Oct 2013)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Series B - GLM | Valuation |
investors |
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| Nov, 2013 | Amount | Series A - GLM | Valuation |
investors |
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| Oct, 2013 | Amount | Seed - GLM | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GLM
GLM has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include CITIC Capital, O Luxe Holdings and Riyadh Valley Company. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment arm of King Saud University focused on innovation.
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Founded Year | Domain | Location | |
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Seed and Early stage VC firm investing in Japan
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Founded Year | Domain | Location | |
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Venture capital is invested in AI, energy, and various sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GLM
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GLM
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Glm Comparisons
Competitors of GLM
GLM operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tesla, Polestar, NIO, Fisker and Beijing Che Lixing Information Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric vehicles and solar energy products are manufactured.
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| domain | founded_year | HQ Location |
Electric vehicles are manufactured and developed by Polestar.
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| domain | founded_year | HQ Location |
AI-enabled electric vehicles and battery-swapping systems are developed by NIO.
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| domain | founded_year | HQ Location |
Electric vehicles are manufactured and leased by Fisker Inc.
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| domain | founded_year | HQ Location |
Electric SUVs are manufactured in Beijing, China.
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| domain | founded_year | HQ Location |
Multi-category electric vehicles and robots are manufactured by Segway-Ninebot.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Glm
Frequently Asked Questions about GLM
When was GLM founded?
GLM was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Where is GLM located?
GLM is headquartered in Kyoto, Japan. It is registered at Kyoto, Kyoto Prefecture, Japan.
Who is the current CEO of GLM?
Yuichi Miyashita is the current CEO of GLM.
Is GLM a funded company?
GLM is a funded company, having raised a total of $21.16M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.02M, raised on Oct 01, 2013.
What does GLM do?
GLM is established as a specialized electric vehicle manufacturer based in Japan since 2010. The company is engaged in the development of EVs, including light electric vehicles like MiMoS and sub-battery systems for commercial vehicles. Solutions are provided across completed vehicle production and platform businesses, with expertise in EV powertrain and high-voltage battery development. The automotive sector is primarily served, focusing on innovative mobility solutions and engineering services for OEMs and technology partners. Collaboration with various companies for concept cars and new technology validation is also undertaken.
Who are the top competitors of GLM?
GLM's top competitors include Polestar, Beijing Che Lixing Information Technology and Fisker.
What products or services does GLM offer?
GLM offers MiMoS, Commercial Vehicle Sub-Battery, GLM Platform, and Engineering Services.
Who are GLM's investors?
GLM has 10 investors. Key investors include CITIC Capital, O Luxe Holdings, Riyadh Valley Company, UT-EC Japan, and Mitsubishi UFJ Capital.