Mode Raises $8.75M for Digital Transformation Solutions, Expands into North American Market
Mode Raises $8.75M in Series B Funding
Mode's Series B Funding for Digital Transformation Solutions
Key Highlights:
- Series B Funding: Mode raised $8.75 million in Series B funding to advance digital transformation solutions for factories and construction sites.
- Investors: Backers included SBI Investment, True Ventures, JR East Startup, and Daiichi Jitsugyo.
- Expansion Plans: Funds will be used to expand into the North American market, focusing on customer acquisition and global partnerships.
Mode's Target Market
- Manufacturing and Construction Industries: Factories, construction sites, and specialized warehouse facilities seeking digital transformation solutions.
- Businesses Embracing IoT and AI: Companies looking to leverage IoT and generative AI technologies to improve operations and efficiency.
- Global Market: Mode aims to expand its solutions globally, starting with the North American market.
What Mode Needs to Buy
- Customer Acquisition Services: Marketing and sales support to acquire new customers in the North American market.
- Global Partnership Opportunities: Collaborations with global partners to expand Mode's reach and market presence.
- Research and Development: Investment in R&D to enhance digital transformation solutions and integrate emerging technologies.