SoLARIS Inc.

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SoLARIS Inc. - overview

Established

2017

Location

Tokyo, -, Japan

Primary Industry

Industrial Machinery

About

Based in Japan, SoLARIS Inc. specializes in advanced robotics solutions, focusing on innovative soft robotics that utilize artificial muscles for diverse applications, particularly in the fields of pipeline management and fluid transport. SoLARIS Inc. was founded in 2017 in Tokyo, Japan, where it operates as an independent entity.


The company has successfully completed five funding deals, with the most recent being a Series D round in July 2024, raising JPY 30 million from 77 Capital. SoLARIS is focused on expanding its product offerings and service quality without any public records of mergers or acquisitions. The firm is led by a team with a history of expertise in robotics, although specific details about the founder's prior ventures are unavailable. SoLARIS specializes in the development and sale of soft robotics utilizing pneumatic artificial muscles, which offer high efficiency and flexibility.


Its key products include the intestine-type pumping robot "Zendo Drive" and the earthworm-type in-pipeline robot "Sooha," designed to tackle complex challenges in pipeline inspections and clogs. The company targets industries that demand precision and reliability, primarily focusing on markets in Japan with aspirations for expansion into Southeast Asia and Europe. SoLARIS generates revenue through direct sales of its proprietary robotic products, specifically Zendo Drive and Sooha. The company operates a B2B model, collaborating with sectors such as manufacturing and maintenance that require advanced robotic solutions for managing fluid transport and pipeline operations.


Pricing strategies are tailored to client needs, although specific pricing remains proprietary, and the revenue model is based on one-time purchases with the potential for ongoing maintenance contracts. In July 2024, SoLARIS Inc. raised JPY 30 million in Series D funding to support its expansion efforts. The investment aims to enhance the company's robot range and improve the quality of its products while extending preventive maintenance services.


SoLARIS plans to introduce new products designed for various applications in robotics and to expand its presence in Southeast Asia and Europe by targeting these markets within the next few years.


Current Investors

Mitsubishi UFJ Capital, SPARX Group, SBI Okasan Alternative Investment

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery

Website

www.solaris-inc.com/

Verticals

Manufacturing, Robotics

Company Stage

Series D

Total Amount Raised

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