About TechMagic
TechMagic is a company based in Minato (Japan) founded in 2018 by Yuji Shiraki.. TechMagic has raised $16.77 million across 2 funding rounds from investors including Ajinomoto, Resona Group and Oriental Land.
- Headquarter Minato, Japan
- Founders Yuji Shiraki
-
Sectors
ConsumerRetail Technology Industrial Goods & Manufacturing
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$16.77 M (USD)
in 2 rounds
-
Latest Funding Round
$16.77 M (USD), Series C
Mar 27, 2024
-
Investors
Ajinomoto
& 8 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 TechMagic
TechMagic has successfully raised a total of $16.77M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $16.77 million completed in March 2024. 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 2
- Last Round Series C — $16.8M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series C - TechMagic | Valuation | Fuji Mac , Oriental Land | |
| Oct, 2019 | Amount | Seed - TechMagic | Valuation | JAFCO Group |
|
| 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 TechMagic
TechMagic has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Ajinomoto, Resona Group and Oriental Land. 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 investments are provided to regional entrepreneurs and SMEs.
|
Founded Year | Domain | Location | |
|
Fund investment services are offered to address client needs.
|
Founded Year | Domain | Location | |
|
Commercial bank
|
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 TechMagic
| 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 - TechMagic
| 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 |
Techmagic Comparisons
Competitors of TechMagic
| 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.
|
Frequently Asked Questions about TechMagic
When was TechMagic founded?
TechMagic was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is TechMagic located?
TechMagic is headquartered in Minato, Japan. It is registered at Minato, Tokyo, Japan.
Who is the current CEO of TechMagic?
Yuji Shiraki is the current CEO of TechMagic. They have also founded this company.
Is TechMagic a funded company?
TechMagic is a funded company, having raised a total of $16.77M across 2 funding rounds to date.
What does TechMagic do?
TechMagic was founded in 2018 in Minato City, Japan, focusing on the AI robotics sector for food preparation. AI cooking robots and automation robots are offered, incorporating features like ordering, payment, and cooking processes. Automated waiting and additional functionalities are included to streamline operations in food service environments. Leadership is provided by Founder and CEO Yuji Shiraki.
Who are TechMagic's investors?
TechMagic has 9 investors. Key investors include Ajinomoto, Resona Group, Oriental Land, Hachijuni Bank, and Fuji Mac.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.