About New Innovations
New Innovations is a company based in Koto (Japan) founded in 2019.. New Innovations has raised $27.76 million across 3 funding rounds from investors including Sumitomo Mitsui Banking Corporation, Mizuho Financial Group and KDDI. New Innovations operates in a competitive market with competitors including EXL, Artefact, Quantiphi, Tech Mahindra and Orioninc, among others.
- Headquarter Koto, Japan
-
Sectors
ConsumerTechnology Industrial Goods & Manufacturing
-
Email
***********
-
Phone
*********
-
Website
*********
- Legal Name New Innovation Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$27.76 M (USD)
in 3 rounds
-
Latest Funding Round
$8.13 M (USD), Series B
May 27, 2025
-
Investors
Sumitomo Mitsui Banking Corporation
& 17 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of New Innovations
New Innovations has successfully raised a total of $27.76M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $8.13 million completed in May 2025. 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 — $8.1M
-
First Round
First Round
(12 Apr 2023)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series B - New Innovations | Valuation |
investors |
|
| Apr, 2023 | Amount | Series A - New Innovations | Valuation | SBI Investment , Global Brain | |
| Apr, 2023 | Amount | Debt – Conventional - New Innovations | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in New Innovations
New Innovations has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Sumitomo Mitsui Banking Corporation, Mizuho Financial Group and KDDI. 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 |
|---|---|---|---|---|
|
Venture capital funds are managed to support unlisted companies' growth.
|
Founded Year | Domain | Location | |
|
Global Brain is recognized as a venture capital firm supporting startups.
|
Founded Year | Domain | Location | |
|
Venture capital investments are provided to early-stage researcher-founded startups.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by New Innovations
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - New Innovations
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
New Innovations Comparisons
Competitors of New Innovations
New Innovations 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 EXL, Artefact, Quantiphi, Tech Mahindra and Orioninc, 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 |
Analytics and digital solutions for healthcare and banking are provided.
|
|
| domain | founded_year | HQ Location |
Digital marketing services provider
|
|
| domain | founded_year | HQ Location |
Provider of AI and machine learning services
|
|
| domain | founded_year | HQ Location |
Provider of data analytics, cloud management, and business process outsourcing services
|
|
| domain | founded_year | HQ Location |
Provider of AI, data analytics, application development and IT security services
|
|
| domain | founded_year | HQ Location |
Cloud management, business consulting, and IT outsourcing services are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on New Innovations
Frequently Asked Questions about New Innovations
When was New Innovations founded?
New Innovations was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is New Innovations located?
New Innovations is headquartered in Koto, Japan. It is registered at Koto, Tokyo, Japan.
Who is the current CEO of New Innovations?
Keito Nakao is the current CEO of New Innovations.
Is New Innovations a funded company?
New Innovations is a funded company, having raised a total of $27.76M across 3 funding rounds to date. The company's 1st funding round was a Series A of $19.63M, raised on Apr 12, 2023.
What does New Innovations do?
New Innovations was founded in 2019 and is based in Koto, Japan. AI-driven robot development services for cafes are offered, focusing on the food and beverage sector. A integrated system is provided that enables app-based ordering and automated delivery of brewed coffee via secure lockers. Operations center on technology solutions for efficient cafe automation, with leadership by CEO and CTO Keito Nakao.
Who are the top competitors of New Innovations?
New Innovations's top competitors include EXL, Tech Mahindra and Quantiphi.
Who are New Innovations's investors?
New Innovations has 18 investors. Key investors include Sumitomo Mitsui Banking Corporation, Mizuho Financial Group, KDDI, Mitsubishi HC Capital, and Higashi Nippon Bank.