AVITA Raises 1.37 Billion Yen in Series A Funding

AVITA Secures 1.37 Billion Yen in Series A Round from Six Strategic Corporate Investors

AVITA Inc. (Head Office: Shinagawa-ku, Tokyo; CEO/CTO: Hiroshi Ishiguro; hereinafter “AVITA”), a company developing services that leverage avatar and generative AI technologies, today announced that it has raised 1.37 billion yen in its Series A funding round.

The round included investments from six major corporate partners:
Pasona Group Inc., Sumitomo Mitsui Banking Corporation, Shionogi & Co., Ltd., Advanced Telecommunications Research Institute International (ATR), Suntory Holdings Limited, and Advance Create Co., Ltd.

Combined with previous funding of 520 million yen, AVITA’s total funding now stands at 1.89 billion yen.

Background of the Funding Round

Under the corporate vision “Evolving Humanity with Avatars,” AVITA provides services that help address Japan’s rapidly intensifying labor shortage and support more flexible workforce participation. These services include:

• AVACOM, a remote avatar-based customer service platform

• AvaTraining, an avatar AI role-play training service powered by generative AI

Since the previous funding round, AVITA’s organization and revenue have each grown tenfold, and the company achieved full-year profitability in the last fiscal period. AVITA also acquired implementation rights for 73 patents and newly filed 25 additional patents, further strengthening its technology assets.

To accelerate its next stage of growth, AVITA will invest in product development, R&D, and talent acquisition for both domestic and global business expansion. With all investments in this round coming from operating companies, AVITA aims to deepen collaborative partnerships and develop its business across multiple industries.

Recruiting Exceptional Talent: AVITA Careers

Recruitment Page (currently available in Japanese only): https://www.wantedly.com/companies/avita/projects
AVITA is hiring across all functions, including CXO roles, engineering, research, creative, sales, marketing, and corporate positions.

Employee Interviews (currently available in Japanese only):
https://www.wantedly.com/stories/s/avita_membersinterview

Establishment of “AVITA LAB” – A New Research Hub

In October 2024, AVITA will relocate its headquarters to Arco Tower (Meguro-ku, Tokyo) and establish AVITA LAB, a dedicated research hub for avatars and generative AI. Through collaboration with research teams involved in Japan’s Moonshot R&D Program and international researchers, AVITA will advance cutting-edge R&D activities.

“AVITA R&D NIGHT 2024” to Be Held on October 4

AVITA will host an offline seminar, “AVITA R&D NIGHT 2024,” at its new office on October 4, 2024 (Friday), limited to 30 attendees.
The event will feature a panel discussion on “The Role and Potential of R&D Organizations within Companies,” with speakers including:

• Hiroshi Ishiguro — CEO/CTO, AVITA Inc.

• Ryota Kanai — CEO, Araya Inc.

• Masato Fujino — CEO/CTO, Fairy Devices Inc.

Researchers and engineers interested in working within corporate R&D organizations are encouraged to participate. A networking session will follow the seminar.

Event Overview: “AVITA R&D NIGHT 2024”

• Date: October 4, 2024 (Fri) – Doors open 18:30 / Start 19:00

• Venue: AVITA Inc. Office (Arco Tower, Meguro-ku, Tokyo)

• Theme: The role and potential of R&D organizations in companies

• Admission: Free

• Capacity: Limited to 30 participants (lottery-based)

• Host: AVITA Inc.

• Registration: [Link to registration form]

Register Here >
※ Registration closed.

Company Overview

AVITA Inc.

• Representative: Hiroshi Ishiguro, CEO/CTO

• Executives: Shogo Nishiguchi, Vice President & COO、Hideshi Hamaguchi, Outside Director

• Head Office: Shinagawa-ku, Tokyo

• Founded: June 2021

• Capital: 1 million yen

• Business Domains: 

  Development of services using avatar & generative AI technologies
  Avatar customer service platform AVACOM
  AI-powered role-play training service AvaTraining

  Marketing support using avatar & generative AI technologies

• Corporate Website: https://avita.co.jp/en