tb innovations Ltd. (Chuo-ku, Tokyo, CEO: Hyunmin GO, hereinafter referred to as ''tb innovations'') is a CVC fund of the Tokyo Boeki Group, ''Next New Business New Technology No. 1 Investment Limited Partnership'' (hereinafter referred to as Through our fund, we invested in Aroma Bit, Inc. (head office: Chuo-ku, Tokyo), which plans and develops small odor sensors and innovative services using the sensors.
With the development of five-sensory sensor technology, phenomena that were not previously digitized are now digitized, and the sensor device market is rapidly developing, giving rise to innovative products and services.Among the five sense sensors, the olfactory sensor has been the least developed due to its high degree of difficulty, but in recent years there has been a growing movement to implement olfactory sensors into terminals.
Unlike conventional gas sensors that detect specific substances, the compact odor sensor developed by Aroma Bit is the first to realize the computerization of odors by outputting visual patterns when various odors are input, similar to the sense of smell of living things. It has won numerous awards at festivals both domestically and internationally, and is highly praised for its technological strength and innovation.
By converting odors into data, it is becoming clear that there are demands that can only be met by odor sensors in areas such as next-generation mobility, autonomous driving, environmental monitoring, medical diagnosis and healthcare, robots, and smart factories. It is expected to have a wide range of applications in various fields.
With this investment, we aim to promote innovation and create new businesses that go beyond existing frameworks through collaboration with the Tokyo Boeki Group, which operates in a wide range of industrial fields.
[COMPANY PROFILE]
Company name: Aroma Bit, Inc.
Aroma Bit, Inc.
Location: 7-13-6 Ginza, Chuo-ku, Tokyo
Representative: Representative Director Shunichiro Kuroki
Business details: Development, manufacture, and sales of electronic devices and systems, mainly small odor sensors.
Ancillary businesses including planning, development, and sales of products and innovative odor services
corporate site:https://www.aromabit.com/about/
[Fund Overview]
Partnership name: Next New Business New Technology No. 1 Investment Limited Partnership
Location: 2th floor, Kyobashi Edgran, 2-1-28 Kyobashi, Chuo-ku, Tokyo
Unlimited partnership member: tb innovations Ltd.
Limited liability member: Tokyo Boeki Holdings Co., Ltd.
Total fund amount: 40 billion yen