Elephantech

company

About

Elephantech is a startup company that aims to drastically innovate the technology for manufacturing electronic circuits.

  • 11 - 50

Details

Last Funding Type
Non-Equity Assistant
Industries
Electronics,Manufacturing
Founded date
Mar 21, 2014
Number Of Employee
11 - 50
Operating Status
Active

Elephantech is a startup company that aims to drastically innovate the technology for manufacturing electronic circuits, with the vision of achieving faster manufacturing at lower cost by leveraging printing technology.Electronic circuits are literally part of social infrastructures and are embedded everywhere in the world that we live in today. While the number and types of electronic devices being used by humans have been increasing dramatically, driven by advances in semiconductor and telecommunication technology, the technology for manufacturing electronic circuits has not seen any major innovation over the past 50 years.

Conventional electronic circuits are manufactured through a process called photolithography, which involves applying metal all over the surface of a substrate and melting the metal off any unrequired areas. However, photolithography has the disadvantage of wasting large amounts of the materials used and driving up the production cost, in addition to being harmful to the environment.

Elephantech’s suggested manufacturing method, which is a totally opposite approach to photolithography, involves printing metal only onto the required areas using inkjet printing and enlarging the printed metal by applying plating technology.

This approach has enabled Elephantech to manufacture PWBs at significantly lower cost as the amounts of materials required and the number of processes have been reduced. In addition, as this is an on-demand manufacturing solution that does not require any initial cost, it is cost-effective especially for producing prototypes in small quantities, the cost of which can be reduced by at least 80%.

We currently possess the best technology in the world for manufacturing PWBs using inkjet printers, the business of which is slated to expand rapidly going forward. Elephantech is committed to accelerating global manufacturing activities by leveraging such technology.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
¥2.15B
Elephantech has raised a total of ¥2.15B in funding over 2 rounds. Their latest funding was raised on Nov 4, 2022 from a Non-Equity Assistant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 4, 2022 Non-Equity Assistant 1 Google for Startups Detail
Oct 17, 2022 Series Unknown ¥2.15B 3 Detail

Investors

Number of Lead Investors
Number of Investors
1
4
Elephantech is funded by 4 investors. Google for Startups and D&I Investment are the most recent investors.
Investor Name Lead Investor Funding Round
Google for Startups Yes Non-Equity Assistant
D&I Investment Series Unknown
Nose Series Unknown
Sumimoto Series Unknown