Sendai Smart Machines Co., Ltd.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Sendai Smart Machines Co., Ltd. - overview

Established

2016

Location

Sendai, Miyagi, Japan

Primary Industry

Automobiles, Other Vehicles & Parts

About

Founded in 2016, and based in Miyagi, Japan, Sendai Smart Machines Co. , Ltd. (SSM) engages in the development, manufacturing, and sales of IoT devices that can be installed in harsh vibration systems such as automobiles and railroad vehicles. In August 2024, the company’s management acquired all shares of Sendai Smart Machines Co.


, Ltd. held by KIKUCHI SEISAKUSHO CO LTD. The firm, as of September 2024, is led by its founder, CEO, and CTO, Hiroki Kuwano. Sendai Smart Machines offers MEMS-based Internet of Things (IoT) devices to address the power supply challenges of wireless sensor networks.


It specializes in developing and manufacturing vibration energy harvesters and sensor modules using advanced piezoelectric technology. SSM’s flagship product, based on aluminum nitride (AlN) thin film and a stainless steel nonlinear spring structure, converts vibrational energy into electrical power, suitable for use in harsh environments such as automotive, railway, and industrial settings. The company's technology eliminates the need for batteries, thus offering a cost-effective and maintenance-free solution for continuous data transmission. The August 2024 acquisition aims to streamline Sendai Smart Machines' management and operations, addressing its financial issues and leveraging its technology.


Current Investors

TOHOKU University Venture Partners

Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Power Generation Equipment & Services, Automobiles, Other Vehicles & Parts, Analytics & Performance Software, Systems Management Software

Website

www.ssmcoltd.co.jp

Verticals

IoT (Internet of Things), Manufacturing

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Sendai Smart Machines Co., Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Sale to ManagementCompletedSendai Smart Machines Co., Ltd.-

Displaying 1 - 1 of 1

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.