BALLAS Secures ¥2.4 Billion Series B Funding for Construction Material Platform Expansion
BALLAS has raised ¥2.4 billion in Series B funding to enhance its construction material platform, focusing on AI-driven software development and process automation. This investment will enable the company to strengthen its market presence and improve supply chain efficiencies in the construction sector.
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On March 15, BALLAS announced it secured ¥2.4 billion in Series B funding, comprising ¥2.1 billion in equity and ¥300 million in debt. The funding will advance the development of AI-driven software, enhance the BALLAS LINKS product, and improve process automation across the construction supply chain.
Notable investors include SMBC Edge, Z Venture Capital, and various corporate partners like JGC MIRAI Innovation Fund and Daiwa House Ventures. The company aims to leverage this investment for expanding its network and facilitating integration with upstream processes such as BIM. Founded in February 2022, BALLAS is led by CEO Shono Kimura, who has a background in corporate planning and resource sectors.
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