AWL raises JPY 470M in growth financing

May 22, 2024 · Funding · AWL · Perception

AWL added regional equity investors and public financing to fund edge-AI commercialization and international expansion.

AWL company media
Company media · AWL
  • AWL announced JPY 470 million of new financing on May 22, 2024, bringing cumulative funding to JPY 4.5 billion.
  • The package included seven named corporate and fund investors plus a Japan Finance Corporation loan.
  • AWL said the capital would support advanced R&D, commercialization, business infrastructure and expansion beyond Japan.

AWL develops edge-AI video analytics that convert camera feeds into structured operational data. Founded in 2016 as a Hokkaido University startup, it reports more than 16,000 edge cameras deployed across Japan and serves retail, logistics, agriculture, mobility and other physical environments.