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Pixie Dust Technologies
Commercializing proprietary wave control technology for accessibility
About Pixie Dust Technologies
Pixie Dust Technologies (PxDT) is a technology company spun out of the University of Tsukuba that focuses on commercializing products using proprietary wave control technology. The company was founded in May 2017 by Yoichi Ochiai, Taiichiro Murakami, and Takayuki Hoshino. Ochiai, who serves as CEO, is a media artist and researcher with a Ph.D. from the University of Tokyo and is an associate professor at the University of Tsukuba, where he leads the Digital Nature Development Research Center. His work centers around the concept of "Digital Nature," a vision for a future where the digital and physical worlds are seamlessly fused.
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PxDT operates in two main business areas: "Personal Care & Diversity" and "Workspace & Digital Transformation". The company's business model involves combining its technology portfolio with partners' use cases to develop and commercialize products, often through open innovation with other companies and universities. The firm has established deep industry-academia collaborations, particularly with the University of Tsukuba and Tohoku University.
In the Personal Care & Diversity sector, PxDT develops products aimed at improving quality of life and assisting with vision, hearing, and touch. Key products include: * **VUEVO**: A service for people with hearing impairments that uses a unique 360-degree wireless microphone to capture audio and an application to display transcribed text in real-time, indicating who is speaking. The system also has a translation function for over 100 languages. Variations include the VUEVO Display, which shows subtitles on a transparent screen for face-to-face communication, and a smart glasses concept. * **SonoRepro**: A scalp care device that uses ultrasonic non-contact vibrotactile stimulation. * **kikippa**: A desktop speaker developed with Shionogi Healthcare that emits "gamma wave sound," which has been studied for its potential to positively affect cognitive function.
In the Workspace & Digital Transformation segment, PxDT applies metamaterials and spatial analysis to solve problems in environments like offices and construction sites. Products include: * **iwasemi**: A sound-absorbing material based on acoustic metamaterial technology. * **KOTOWARI**: A technology that provides spatial analysis data.
Pixie Dust Technologies became a public company, listing on the Nasdaq in August 2023 (Nasdaq: PXDT) to enhance its brand credit and support global expansion. The company has raised a total of $40.5M over several funding rounds, including a Series C in October 2022 and a new equity financing in January 2025.
At a glance
- Founded
- 2017
- Headquarters
- Tokyo, Japan
- Listing
- IPO 2023
- Sector
- Health Tech & Medtech
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A11 investors entered at this stage
Incubate Fund
Toppan
SMBC Venture Capital
K4 Ventures
Dentsu
Dai-ichi Life Insurance- CVCradle Seed Ventures
INCJ
SBI Investment
Mizuho Capital
KDDI Open Innovation Fund
Series B and later8 investors entered at this stage
Shoko Chukin Bank
NEC Capital Solutions
Tohoku University Venture Partners
Shionogi
Axiom Asia Private Capital
Victory Pharma
Suzuyo
NTT DOCOMO Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
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