ASEMtech Raises 150 Million Yen in Series A Extension Round
NQ Score
50/100
AI Summary (NQ-processed)
ASEMtech, a company developing Acoustically Stimulated Electromagnetic (ASEM) technology, has raised 150 million yen in a Series A extension round, bringing its total Series A funding to 400 million yen. The funds will accelerate clinical research for medical applications, regulatory approval processes, and the expansion of its industrial non-destructive testing business.
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Frequently Asked Questions
- Q: What company raised 150 million yen in a Series A extension round in March 2026?
- A: ASEMtech Co., Ltd. raised 150 million yen through a third-party allotment of shares in a Series A extension round conducted in March 2026.
- Q: How much total funding has ASEMtech secured in its entire Series A round as of March 2026?
- A: Combined with the 250 million yen raised in April 2025, ASEMtech has achieved a total of 400 million yen in funding for the entire Series A round.
- Q: Which financial institutions participated in ASEMtech's Series A extension round?
- A: Participants in the Series A extension round include Hanno Shinkin Bank, Tama Shinkin Bank, BP Capital Co., Ltd. (TUAT Fund No. 1), and Leo Denshi Co., Ltd.
- Q: What milestone did ASEMtech achieve regarding clinical research with its medical device prototype?
- A: ASEMtech completed a medical device prototype and began clinical research targeting musculoskeletal disorders at university hospitals using the ASEM method.
- Q: What regulatory authorization has ASEMtech obtained for its medical device development?
- A: ASEMtech has obtained a Class II Medical Device Marketing Authorization, strengthening its regulatory application and quality management systems.