BALLAS, a Tokyo-based construction materials procurement platform, raised 3.4 billion yen in Series B funding. The round included 2.5 billion yen in equity and 900 million yen in debt. It was supported by JIC Venture Growth Investments, Japan Finance Corporation, and MUFG Bank.
Round participants
The extension brought BALLAS's cumulative funding to about 5.3 billion yen. SMBC Edge and Z Venture Capital led the equity portion. Corporate and financial investors included Daiwa House Ventures, Persol Venture Partners, SBI Investment, and Kyoto Capital Partners.
Company context
The company started operations on February 1, 2022. It supplies made-to-order construction components for data centers, industrial plants, semiconductor factories, and commercial buildings. BALLAS works with more than 150 partner factories across Japan.
What the platform does
The platform connects design, purchasing, manufacturing, and construction processes. BALLAS structures design and transaction data so AI agents can automate project discussions and deliveries. Its tools include BALLAS LINKS for project management and BALLAS SCM for supply management.
BALLAS will use the capital to expand its AI development team, software engineers, and product managers. The company also added an AI fellow to support its technical base. The role will focus on construction domain data and AI strategy.