Polyuse Inc., which conducts research and development as Japan's only construction 3D printer manufacturer*2, has raised ¥710 million through a third-party allotment of shares to new investors Universal Materials Incubator, SBI Investment and Emellience Partners, and existing investors Coral Capital, Ikemori Venture Support and Yoshimura Construction Industries. With this financing, we will further advance the research and development of Polyuse construction 3D printers and expand our production and supply capacity*3.
*1 It is estimated that Japan will be short of 470,000 to 930,000 skilled workers in 2025 (source: MLIT)
*2 Based on our own research, as a company in Japan that "conducts research and development of the machinery, software and materials related to construction 3D printing technology in-house, and also provides services and implementation support" (as of February 2023)
*3 Since last year, we have been delivering Polyuse construction 3D printers in stages, with priority given to our partner companies
- Background and purpose of the financing
In recent years, the construction industry has been facing a chronic labor shortage as its workforce ages. We are advancing the research and development of construction 3D printers to address this, along with problems such as the progressive aging of social infrastructure nationwide and soaring material prices. Polyuse, Japan's only construction 3D printer manufacturer, saw its technology adopted for an MLIT public works project in January 2022, a first in Japan, and went on to carry out more than 30 3D printer construction projects nationwide in FY2022.
Going forward, in addition to the social issues above, we are preparing to develop concrete printing technology for large public structures and buildings as well as environmentally friendly concrete printing technology, and to build a system for rapid recovery in times of emergency and disaster, among other initiatives.
Using the funds raised, we will pursue further research and development aimed at improving the precision and quality of the construction 3D printers we are currently delivering, mainly to partner companies, and diversifying our printing methods. At the same time, we will expand our products into new areas, such as a platform that allows the construction data we accumulate every day to be used in construction management and at the planning stage. We also plan to strengthen our facilities and hiring, including expanding our R&D and manufacturing bases and our specialist talent.
- Comments from investors (in no particular order)
The document at the link below contains information about, and comments from, all of the investors, Kazuyoshi Tateyama and the Polyuse partner companies who commented on this announcement.
https://docs.google.com/document/d/1fPNG3ThxwSKpmkvY3GuBbRmgwVWAn0Fb/edit
- Comment from Advisor Kazuyoshi Tateyama
- Voices from Polyuse partner companies (in no particular order)
The document at the link below contains information about, and comments from, all of the investors, Kazuyoshi Tateyama and the Polyuse partner companies who commented on this announcement.
https://docs.google.com/document/d/1fPNG3ThxwSKpmkvY3GuBbRmgwVWAn0Fb/edit
- Expanding our organization to solve social issues
Polyuse is a manufacturing venture company that has been selected for lists including "100 Amazing Startups" (source: Weekly Toyo Keizai) in 2021, and "100 Ventures Updating Architecture" (source: Nikkei Architecture) and "100 Companies Creating the Markets of the Future" (source: Nikkei xTREND) in 2022.
▶A pioneer of 3D-printed architecture! Even an ambassador came to see a "Japan first"!
https://youtu.be/WXPXyBADrVw
▶Warehouses, saunas, public toilets and more built with Japan-made 3D printers, one after another!
https://suumo.jp/journal/2022/08/23/189372/
▶A near future of building dams with 3D printers: will "IoT concrete" be next?
https://xtrend.nikkei.com/atcl/contents/18/00745/00019/?n_cid=nbpnxr_mled_new
- About Polyuse Inc.
Company name: Polyuse Inc.
Location: 2-2-15 Hamamatsucho, Minato-ku, Tokyo (development base: Kamakura City, Kanagawa Prefecture)
Representative Directors: Takuya Iwamoto / Wataru Ooka
Business: Planning, design, manufacturing and sales of hardware, software and services specialized for the construction industry, centered on construction 3D printers
Founded: June 2019
URL: https://polyuse.xyz/
X (formerly Twitter): https://twitter.com/polyuse
[Inquiries regarding this release]
Polyuse Inc. Public Relations Department
URL: https://polyuse.xyz/
Email: info@polyuse.xyz
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