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Alpha Code

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Engaged in the development and provision of solutions utilizing VR, MR, and AR technology

Tokyo, JapanFounded 2015eCommerce & Marketplaces
Valuation $50–100M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Alpha Code

Alpha Code Inc. is a technology firm specializing in the XR (VR, AR, MR) domain. Established on October 1, 2015, the company initially operated under the name UEI Solutions. It was founded by Takahiro Mizuno, who currently serves as the company's Founder and CTO. In May 2017, following a management buyout from its parent company UEI, the firm rebranded to Alpha Code Inc. to signify a new beginning and its mission to translate new technologies into tangible value. The company's leadership team also includes Tomoyuki Takeichi, a seasoned executive from the gaming industry, including a tenure as president of Square (now Square Enix), who brings extensive experience in online and virtual world development.

The company's core business revolves around creating immersive experiences through its proprietary technologies. Alpha Code operates on two main fronts: a platform business and a solutions business. The platform segment features "Blinky," an immersive experience platform that delivers ultra-realistic, first-person perspective content, focusing on entertainment. This platform supports high-definition 11K VR video and enables features like multi-angle viewing and live streaming. The solutions division leverages its XR technology to address various business challenges, offering services in corporate training, promotion, and entertainment. Key products include "VRider COMMS," an internet-free, closed metaverse solution for wireless communication between VR goggles, and "VRider ADMIN," a system for managing multiple VR headsets from a single tablet.

Alpha Code generates revenue through the development and provision of its XR systems, applications, and platforms. This includes VR/MR live video distribution, metaverse solutions, and consulting on network content development. The company has secured significant funding to fuel its growth, including over 400 million yen from investors like NTT West and Nippon Souhatsu Group in September 2019, 300 million yen from Dai Nippon Printing in June 2022, and over 1.6 billion yen from backers such as Nippon TV and WOWOW in July 2023. This series of investments underscores the market's confidence in Alpha Code's vision to merge real and virtual worlds, building on the foundation of 5G and the increasing adoption of VR devices.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Tokyo, Japan
Employees
94
Open positions
None listed
Dealroom signal
23.0/100
Industry
Media
Sub-industry
Content production, Social media, Streaming
Sector
eCommerce & Marketplaces, Video Streaming, Immersive Technologies, Live Entertainment, Metaverse
Technology
Augmented Reality, Virtual Reality
Business model
Marketplace & ecommerce, SaaS
Client focus
b2b, b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Jul 2023 $12M $49M Nippon TV · Wowow —
SERIES B✓Equity / VC Jun 2022 $2.3M $9.2M Dai Nippon Printing —
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Growth signals

Alpha Code website traffic

Latest recorded traffic for Alpha Code is 4.8K monthly website visits, up 41.2% over the last three months.

Latest monthly visits4.8K 3-month web change+41.2%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Nippon Venture Capital
  • Gumi Ventures
  • Dai Nippon Printing

Series B and later2 investors entered at this stage

  • Nippon TV
  • Wowow

Other known investors2 additional known investors

  • JAFCO
  • NTT
Employees 94 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇯🇵 Japan · Tokyo HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Alpha Code on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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