Hitachi

Hitachi Ventures invests in innovative companies that address society’s key technological challenges in areas like IT, industrial automation (robotics, sensor technology and IoT), cloud services (data management, cybersecurity), mobility (autonomous driving, mobility services, smart infrastructure and security services), energy, smart medicine (AI for digital imaging, smart diagnostics, remote care), smart city, smart infrastructure and more. With our first fund of USD 150M, we invest in Series A/B/C rounds in globally leading startups. From our offices in Munich, Germany, and Boston, USA, we work tirelessly to develop close ties and effective collaboration with leading innovative technology hubs and like-minded co-investors. Hitachi intends to leverage its strong position in multiple global technology markets, its expertise and network to support and promote Hitachi Ventures portfolio companies.

Pete Bastien

Partner

Wolfgang Seibold

Partner

53 past transactions

inVia Robotics, LLC

Series C in 2021
inVia Robotics provides the next generation of robotics warehouse automation solutions for e-commerce distribution centers and supply chains. As the developer of the world's first "Robotics-as-a-Service" autonomous mobile robot picking and goods-to-person system, inVia is powering the future of warehouse productivity without disrupting the ecosystem of a business's operations.

SORACOM

Venture Round in 2021
SORACOM is a company that provides IoT (Internet of Things) platform of data communication by delivering scalable and elastic cloud technologies running on Amazon Web Services (AWS), which makes IoT solution providers/developers to efficiently deliver and extend their services, and also allow the flexibility and customization to fit the various needs of IoT services. With SORACOM, the data communication of IoT / M2M device become more secure and ensure reliable data transfer by supporting many devices and custom protocols. It also provides reduced time-to-market for M2M/IoT services, while significantly reducing the cost of delivering such services, and extend the business by paying as you grow cost structures. SORACOM Air is a service that provides data communication for IoT devices SIM "Air SIM". Users can change the settings from Web console (user console) or by API control, and monitor the data traffic, as well as manage the configuration of data communication of IoT devices centrally. Air SIM provides connectivity for LTE/3G mobile data communication as MVNO, and supports wide coverage area required for IoT and secure communication achieved through a closed network using LTE/3G. SORACOM Beam is a service that offloaded data from IoT devices to cloud with a high encryption load and connection destination setting without directly setting to large devices onsite, that can be controlled from a remote location on cloud. It also has a benefit to manage the data securely without going through the Internet, if the cloud data storage of IoT devices is located in AWS. SORACOM officially launched its service on the 30th of September 2015, and is headquartered in Tokyo, Japan.

WekaIO

Series C in 2022
WekaIO has built the world's fastest parallel file system, designed to solve the performance challenges in AI deep learning and technical computing. Matrix, WekaIO’s flagship product, leapfrogs legacy storage infrastructures by delivering the highest performance, lowest latency storage at a fraction of the cost or traditional NAS. WekaIO's software provides a seamless hybrid cloud solution between on-premises data centers and the public cloud. WekaIO has customers in several high performance markets including autonomous vehicle AI training, genomics, financial modeling, EDA, software development, satellite imaging and media and entertainment.

Informetis

Venture Round in 2020
Informetis Co., Ltd. manufactures and sells electricity sensors for disaggregation that derives and analyses data from home appliances. Its solution provides disaggregation service of household electricity that generates a breakdown of a monthly bill by appliances. The company’s solution also provides real time status of appliances, including on/off, consumption exceeding pre-determined limit, etc., as well as provides the consumer with an itemized bill of their electricity usage. In addition, its solution provides trend analysis for utility companies of usage, time, seasonality, and geography; and detects abnormal power consuming appliances leading to failure. The company was founded in April 8, 2013 and is based in Tokyo, Japan.

Proscia Inc.

Series C in 2022
Proscia is a software company that is changing the way the world practices pathology to transform cancer research and diagnosis. With the company’s Concentriq digital pathology platform and pipeline of AI-powered applications, laboratories are leveraging new kinds of data to accelerate discoveries and improve patient outcomes. Proscia’s team of technologists, scientists, and pathologists is bringing a fresh approach to an outdated industry, helping the world to keep pace with the increasing demand for pathology services and fulfill the promise of precision diagnostics.

Magnum Technologies

Series B in 2000
Magnum Technologies developed software solutions that aligned IT operations with enterprise priorities. Magnum’s software solutions were designed to easily integrate with and enhance the effectiveness of existing management platforms by monitoring and measuring IT performance from a line-of-business perspective. Magnum Technologies clients included Target Stores, IBM and Thomson West. Mike Wethington was on the board of Magnum Technologies through a successful exit to Quest Software, which was subsequently then acquired by Dell.

GlobalLogic Inc.

Acquisition in 2021
GlobalLogic is a full-lifecycle product development services leader that combines deep domain expertise and cross-industry experience to connect makers with markets worldwide. Using insight gained from working on innovative products and disruptive technologies, we collaborate with customers to show them how strategic research and development can become a tool for managing their future. Headquartered in the United States, GlobalLogic operates design and engineering centers around the world, extending the benefits of its authentic global presence to customers in digital media, electronics, healthcare, infrastructure, finance, retail, and telecom industries. The company works with both start-ups and industry leaders, including many of the world’s top hardware, software, and consumer brands.

Archivas

Acquisition in 2007
Archivas, Inc. software lets customers store, protect and manage fixed-content data in the most open and operationally efficient online environment available on the market today, in order to meet both internal governance, as well as external compliance regulations. The Archivas Cluster (ArC) simultaneously addresses the need for immediate access to archive data while lowering the total cost of ownership.

Cofio Software

Acquisition in 2012
Cofio was acquired by Hitachi Vantara in 2012. AIMstor was renamed Hitachi Data Instance Director. http://www.cofio.com NOTE: New URL at Hitachi: https://www.hitachivantara.com/en-us/products/data-protection/data-instance-director.html

Magis Networks

Series B in 2003
Magis Networks was a provider of wireless home networking chipsets.

Scipher Medicine

Series D in 2022
Scipher Medicine is a biotechnology company developing a healthcare platform designed to determine which drug will work best for each patient. It holds the fundamental belief that patients deserve simple answers to their treatment options using scientifically backed data. With artificial intelligence and its proprietary molecular technology platform, Scipher Medicine develops innovative diagnostic tests that predict which drug will work from day one and use the data from these tests to develop more effective therapies to improve patient outcomes. Scipher Medicine was founded in 2014 and is headquartered in Waltham, Massachusetts.

DIGITAL GRID

Venture Round in 2018
Digital Grid Inc. engages in the retail business of electricity targeting non-electrification areas and off-grid communities of Africa. The company provides a fee-based electricity credit system where a kiosk (shop owners) provides charging services to communities for phones, lanterns, and other electronic appliances. It offers rental rechargeable devices, such as LED lanterns, portable radios, tablet PCs, and mobile charging for end users; and leasing instruments, including WPDs, PV panels, and batteries, as well as a smartphone as a controller for agents. The company was founded in 2013 and is based in Tokyo, Japan.

PureSight

Venture Round in 2003
PureSight Technologies Ltd. was established in 1998 with the mission of providing a safe online environment for the world’s children. They aim to help parents protect their children in this world of technology by becoming involved in their online lives. They believe this involves education and information as well as software tools.

Medopad

Series C in 2021
Huma is a global health tech company with a mission to help people with chronic, complex, and rare diseases to live longer, better lives. Huma works with world-leading healthcare providers, pharmaceutical, insurance and technology companies, including Apple and Tencent, to build a connected digital health ecosystem. Headquartered in London, Medopad has offices in the US and China.

Battery Resourcers

Venture Round in 2021
Founded in 2015, based on a technology out of Professor Wang's group at WPI, Battery Resourcers, is committed to changing the dynamics for processing end of life lithium ion batteries. Currently most lithium ion batteries are landfilled. If they are recycled only the metal value from the batteries is recovered. Battery Resourcers proprietary process allows one to directly synthesize new cathode materials from spent lithium ion cells. Battery Resourcers will be able to deliver low cost cathode materials to the lithium ion battery market enabling green technologies and resulting in less landfilled material a more sustainable pathway forward.

Autonomic Networks

Series C in 2002
Network access control products for network security and compliance

Provectus Algae Pty Ltd

Seed Round in 2021
Provectus Algae Pty Ltd, a synthetic biology company, develops algae-based biosynthetic solutions for the production of medicines, vaccines, plant-based food products and flavors, and natural biopesticides. The company was founded in 2017 and is based in Noosaville, Australia.

Rescale

Series C in 2020
Rescale offers a software platform and hardware infrastructure for companies to perform scientific and engineering simulations. Their mission is to provide a highly powerful simulation platform that empowers the world's engineers and scientists to develop the most innovative products and perform groundbreaking research and development. It has grown rapidly to become a leading cloud simulation provider. Rescale brings the latest Silicon Valley technologies to its customers around the world. Rescale's team consists of industry thought leaders, computer scientists, and domain experts in the industries it serves. Rescale was founded in early 2011 by Joris Poort and Adam McKenzie and is headquartered in San Francisco, California.

ArsenalBio

Series B in 2022
ArsenalBio is building a programmable cell therapy company to create highly effective and accessible immune cell therapies to impact outcomes for a much broader number of patients, initially those with cancer. Founded in 2019, ArsenalBio is focused on integrating technologies such as CRISPR-based genome engineering, scaled and high throughput target identification, synthetic biology, and machine learning to advance a new paradigm to discover and develop in immune cell therapies. With its programmable and computationally driven approach, ArsenalBio aspires to evolve critical metrics of success for immune cell therapies, including enhanced and broader efficacy, increased patient safety, reduced provider costs, and expanded market access.

Mempile

Series B in 2004
Mempile developed removable storage technology for the healthcare, public, entertainment, security, financial & business sectors. It focused on developing optical storage that is designed to hold up to one Terabyte of information on a single removable disc. The company offered its products for use in applications, such as home archiving, entertainment, public sector, business compliance, healthcare & video monitoring. Mempile had a development center in the United States & a business development unit in Japan. Mempile was founded in 2000 and was based in Yehuda, Israel. It closed down as of January 2009.

Mountain View Data

Series B in 2003
Mountain View Data, Inc. delivers cluster server management software and advanced storage software. Top-tier server manufacturers, telecomm leaders and system integrators in Asia and the United States are integrating Mountain View Data software into their network storage products and services. Mountain View Data was established in October 2000, and has offices in San Francisco, Tokyo and Beijing. Mountain View Data's products deliver performance and scalability, while enabling system integrators, xSPs, and Internet data centers worldwide to use commodity-based hardware components that lower ownership costs.

eHitex

Private Equity Round in 2000
Hitex can look back on more than 30 years of company history. After the success of the first in-circuit emulators, Hitex began marketing worldwide: the company founded a branch in Great Britain and is represented by sales partners in all other important regions of the globe. In 1997, Hitex acquired the development tools branch of Kontron, thereby strengthening its position in the market. Since the beginning of 2003, Hitex belongs to Infineon Technologies AG. This connection guarantees Hitex a solid and secure future and allows Hitex to maintain and extend its existing partnerships with other semiconductor manufacturers as an independent company.

Parascale

Acquisition in 2010
Parascale Cloud Storage software aggregates disk storage on multiple standard Linux servers to provide one highly scalable storage cloud, accessible via standard file-access protocols (NFS, HTTP, FTP). Parascale delivers massive storage capacity and parallel throughput. Deployments can start easily with several terabytes and scale to several petabytes in a single namespace with administrator-specified redundancy. A single administrator can manage hundreds of servers, with the system automatically balancing out hot-spots and capacity utilization across the various nodes.

SteelEye Technology

Series B in 2001
SteelEye is a leading provider of data and application availability management solutions for business continuity and disaster recovery. The SteelEye LifeKeeper family of application-focused data replication, high availability clustering and disaster recovery solutions are easy to deploy and operate, and enable enterprises of all sizes to ensure continuous availability of business-critical applications, servers and data.

TurboLinux

Series C in 2000
Turbolinux from its founding in 1995, the foundation of the development capabilities of open source software (OSS), the development and support of the Linux OS, and middleware / application development and delivery of, such as the SI business, expand the business by utilizing the OSS doing. In addition, in order to promote the use of OSS in the business market, we are promoting a wide range of alliances with partner companies.

Ignify Inc.

Acquisition in 2015
Founded in 1999, Ignify is a privately-held ISO 9001 certified company focused on the mid-market and enterprise businesses and public sector organizations for ERP, CRM, Point of Sale (POS), Portals, and eCommerce implementations. Their Management team brings rich experience in several industries including manufacturing, retail, distribution, business software applications, and management consulting.

Hachi Tama

Series A in 2019
Toletta Cats is a healthcare approved by cat lovers company they aim to create a world in which we all live longer and happier with our beloved cats around us. Simple, safe and easy to use at home,in a Japanese cat-friendly way.

Sanctum

Venture Round in 2001
Founded in 1997, Santa Clara, CA-based Sanctum, Inc. is recognized by IDC as the de facto leader in Web application security. Sanctum’s solutions help organizations create reliable “hacker resistant” applications in the development environment, assure quality in the QA environment, and maintain confidence in the live production environment. Sanctum's solutions include AppShield, an automated Intrusion Prevention system, and an automated application risk assessment and security testing tool called AppScan. Together they provide the most comprehensive policy based security available today to stop any unanticipated application level attack and maintain the application behavior as originally intended by the developer. Today, with solutions from Sanctum, the enterprise is assured quality, compliance and security across the application lifecycle with the online and offline solutions that will help you develop with quality, test for compliance and operate with confidence in your online world.

Sanrise

Series B in 2001
Secure data management services. After filing for bankruptcy in June 2002, Sanrise's software division was sold to EMC and its other assets were sold to ManagedStorage International.

ENECHANGE Ltd.

Series A in 2016
Tokyo-based Enechange, the company offering an energy price comparison site under the same name .They are disseminating information on electricity and energy, useful electricity savings and savings right now, in order to liberalize the electricity in 2016.Enechange.Jp/try/detail Let's now begin the power company to choose in! The middle person is a graduate student intern! I am studying every day.

Hitachi Payment Services

Acquisition in 2013
Provides financial services and a payments ecosystem for financial institutions and retailers

BlueArc

Acquisition in 2011
BlueArc is a leading provider of high performance unified network storage systems to enterprise markets, as well as data intensive markets, such as electronic discovery, entertainment, federal government, higher education, Internet services, oil and gas and life sciences. Their products support both network attached storage, or NAS, and storage area network, or SAN, services on a converged network storage platform. Aquired by HDS as of September 7th 2011.

ABB - Power Grids Business

Acquisition in 2018
ABB - Power Grids Business offer innovative energy solutions. ABB - Power Grids Business engages in pioneering technologies that help balance the growing need for electricity while reducing environmental impact as a partner of choice for enabling a stronger, smarter and greener grid.

Horizon Nuclear Power

Acquisition in 2012
Horizon Nuclear Power is a UK energy company developing a new generation of nuclear power stations. A wholly owned subsidiary of Hitachi,Ltd., we plan to provide at least 5,400MW of new power station capacity to the UK, enough to power around 10 million homes.

Rescale

Series C in 2021
Rescale offers a software platform and hardware infrastructure for companies to perform scientific and engineering simulations. Their mission is to provide a highly powerful simulation platform that empowers the world's engineers and scientists to develop the most innovative products and perform groundbreaking research and development. It has grown rapidly to become a leading cloud simulation provider. Rescale brings the latest Silicon Valley technologies to its customers around the world. Rescale's team consists of industry thought leaders, computer scientists, and domain experts in the industries it serves. Rescale was founded in early 2011 by Joris Poort and Adam McKenzie and is headquartered in San Francisco, California.

Hitachi ID Systems, Inc.

Acquisition in 2008
Hitachi ID Systems delivers access governance and identity management solutions to organizations globally.

Embedix

Venture Round in 2001
Embedix is focused on the development of natural flax fibers in composite applications. It offers FlaxTape, FlaxPly, FlaxPreg, and FlaxPreg T-UD. Embedix was acquired by Metrowerks Inc in December 2002. Embedix was founded in July 1999.

ThinkIQ

Series A in 2020
ThinkIQ Inc. operates a cloud-based platform that simplifies the creation of web-based applications and utilizes Internet of Things, big data, data science, semantic modeling, and machine learning. Its platform offers time-series data, supports sharing of data between enterprises, creates context to make the data useful, and makes the deployment of analytics. The company was founded in 2015 and is based in Aliso Viejo, California.

Taranis

Series C in 2020
Taranis is a leading precision agriculture intelligence platform that uses sophisticated computer vision, data science and deep learning algorithms to effectively monitor fields. The system enables farmers to make informed decisions by detecting early symptoms of weeds, uneven emergence, nutrient deficiencies, disease or insect infestations, water damage and machinery problems. Overseeing millions of acres of farmland in Argentina, Brazil, Russia, Ukraine and the United States, Taranis gives farmers the tools to address issues in real-time, increasing yields and cutting costs. Taranis employs over 100 people worldwide and is headquartered in San Francisco with subsidiaries in Israel, Argentina and Brazil.

Proscia Inc.

Series B in 2020
Proscia is a software company that is changing the way the world practices pathology to transform cancer research and diagnosis. With the company’s Concentriq digital pathology platform and pipeline of AI-powered applications, laboratories are leveraging new kinds of data to accelerate discoveries and improve patient outcomes. Proscia’s team of technologists, scientists, and pathologists is bringing a fresh approach to an outdated industry, helping the world to keep pace with the increasing demand for pathology services and fulfill the promise of precision diagnostics.

Sophia Genetics

Series F in 2020
SOPHiA GENETICS combines deep expertise in life sciences and medical disciplines with mathematical capabilities in data computing. The company aims to bring data analytics solutions to the market, to support healthcare professionals by maximizing the power of data-driven medicine. It achieves this mission through the adoption of SOPHiA AI, which is built using techniques such as statistical inference, pattern recognition, and machine learning. This enables SOPHiA to provide equal benefits to all users, unite experts in a gold standard health-tech platform, and motivate expert knowledge sharing for a sustainable impact on future patients. It contributes to making the global healthcare system more sustainable. By helping healthcare professionals leverage their expertise and work together as a community, patients can receive equal access to better diagnoses and treatments. It combines the first two pillars of data-driven medicine, genomics, and radionics, the company ensures that the data used to help patients. Founded by Jurgi Camblong, Lars Steinmetz, and Pierre Hutter, SOPHiA GENETICS was incorporated in 2011. It has offices in Boston, Massachusetts, Switzerland, and France.

The Fabric

Venture Round in 2018
The Fabric is a startup co-creation foundry with a focus on cloud/IoT infrastructure space. The Fabric has a team of proven company creators who under one roof deeply collaborate with founders to help them grow from concept to company in the cloud and infrastructure space. The Fabric co-creates, funds, and launches companies in the cloud/IoT infrastructure space.

Ideaca

Acquisition in 2013
Ideaca, a consulting company, provides a portfolio of management consulting, implementation, and support services. It offers services in the areas of enterprise resource planning, business intelligence, portals and collaboration, cloud computing, custom development and integration, customer relationship management, application infrastructure, and support services. The company serves retail, oil and gas, professional service, energy and utility, financial service, manufacturing and distribution, mining and resource, media and communication, and life science industries.

Preferred Infrastructure

Venture Round in 2017
Preferred Networks (PFN) was established in March 2014 with the goal to develop practical, real-world applications of deep learning, robotics and other latest technologies. PFN is currently focused on three priority areas – transportation systems, manufacturing and bio-healthcare – and also exploring the use of deep learning in personal robots, plant optimization, materials discovery, sports analytics and entertainment. Founded on March 26, 2014 and is based in Tokyo, Japan with a branch in Berkeley, California.

The Fabric

Venture Round in 2013
The Fabric is a startup co-creation foundry with a focus on cloud/IoT infrastructure space. The Fabric has a team of proven company creators who under one roof deeply collaborate with founders to help them grow from concept to company in the cloud and infrastructure space. The Fabric co-creates, funds, and launches companies in the cloud/IoT infrastructure space.

Magis Networks

Series B in 2002
Magis Networks was a provider of wireless home networking chipsets.

Hi-Rel Electronics

Acquisition in 2011
Founded & established in 1983 as Hi-Rel Electronics Pvt. Ltd., the company is now called Hitachi Hi-Rel Power Electronics Pvt. Ltd. The company is recognized as a pioneer in power electronics with more than 3 decades of experience. They have proven and gained significant level of trust the market segment and continue to offer world class power electronics products, value added services & customized solutions.

Ember Technologies

Venture Round in 2004
Ember is a design-led temperature control brand whose mission is to revolutionize the way people eat, drink and live. Founded by inventor and serial entrepreneur Clay Alexander, Ember designs and develops patented technology and products that disrupt industries across healthcare, wellness, consumer products and more. From inventing the world’s first temperature control smart mug, to revolutionizing the cold chain for temperature sensitive medicines, Ember is creating a multidisciplinary temperature control platform that brings precision temperature control to your fingertips.

Magis Networks

Series B in 2002
Magis Networks was a provider of wireless home networking chipsets.

Photobit Corp.

Series B in 2001
Photobit Corp. is a supplier of CMOS image sensors.
JR Automation Technologies, LLC staffs ingenious, qualified professionals who design and build solutions for efficiency and speed, customized for your specific needs. Whether that means machines or process development, we are rapidly expanding to serve a variety of industries and provide smart, lean solution to your challenging project.

Aloka

Acquisition in 2011
Aloka, the innovator in ultrasound is the longest operating ultrasound company in the world with its international headquarters located in Tokyo, Japan and U.S. headquarters in Wallingford, CT.