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Corporation
SOFTWARE (NON-INTERNET/MOBILE)
fuetrek.co.jp

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Investments

5

Portfolio Exits

3

Partners & Customers

4

About FueTrek

FueTrek (TYO: 2468) is a one-stop-shop provider of speech recognition, speech synthesis, dialog and automatic translation, serving consumers and global businesses.

FueTrek Headquarter Location

Shin-osaka Prime Tower 18F 6-1-1 Nishinakajima, Yodogawa-ku

Osaka, 532-0011,

Japan

+81-6-4806-3112

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Latest FueTrek News

Press Releases : DOCOMO, SYSTRAN and FueTrek Form Joint Venture to Develop Translation Services

Jun 21, 2019

DOCOMO, SYSTRAN and FueTrek Form Joint Venture to Develop Translation Services Partnerships TOKYO, JAPAN, September 29, 2014 --- NTT DOCOMO, INC., SYSTRAN INTERNATIONAL Co., Ltd. and FueTrek Co., Ltd. announced today a three-way agreement on September 29 to set up Mirai Translate, Inc., a joint venture to develop and market machine translation technology and services with the highest accuracy in the industry. DOCOMO, SYSTRAN INTERNATIONAL and FueTrek will recruit engineers. The joint venture will be established in October. Together, the three companies' strengths will enable the development of highly accurate machine translation software capable of satisfying diverse needs, from the translation of business documents to conversation-level communication required by tourists. Leading up to the Tokyo 2020 Summer Olympic and Paralympic Games, the number of foreign visitors to Japan, as well as the number of Japanese going overseas, is expected to increase dramatically. The joint venture will initially develop technologies to translate between Japanese and three other languages—English, Chinese and Korean—with future plans to translate between Japanese and other widely used Asian languages such as Vietnamese and Indonesian. DOCOMO has a track record of providing top-tier translation services, including the Hanashite Hon'yaku automatic voice translation service. SYSTRAN is a world-leading translation software developer, while FueTrek has a proven track record of developing speech recognition and translation systems. The joint venture aims to achieve the world's highest level of accuracy for machine translation, leveraging multi-language translation engines developed by the National Institute of Information and Communications Technology (NICT) and machine translation technology based on natural Japanese-language processing technology developed by Nippon Telegraph and Telephone Corporation (NTT). 1. Ownership Share by Company DOCOMO Capital: About NTT DOCOMO NTT DOCOMO provides innovative, convenient and secure mobile services that enable smarter living for each customer. The company serves over 63 million mobile customers in Japan via advanced wireless networks, including a nationwide 3G network and one of the world's first commercial LTE networks. Leveraging its unique capabilities as a mobile operator, DOCOMO is a leading developer of cutting-edge technologies for NFC mobile payments, mobile GPS, mobile TV, intuitive mobile assistance, environmental monitoring, smart grids and much more. Overseas, the company provides technical and operational expertise to eight mobile operators and other partner companies. NTT DOCOMO is listed on the Tokyo (9437) and New York (DCM) stock exchanges. Please visit https://www.nttdocomo.co.jp/english/ for more information. About SYSTRAN INTERNATIONAL Since the foundation in 1968, SYSTRAN has been providing automatic translation, voice recognition, sentimental analysis, and various solutions to US Government, French Treasure Department, and global enterprises based on the natural language processing technology that supports 128 translation language pairs. On the foundation of our acknowledged technologies, SYSTRAN have provided S-translator on Samsung Galaxy series, and currently, we are on the process of preparing products for Asian Game, Summer Universidad and Pyeong-Chang Winter Olympic Games. SYSTRAN holds Hybrid Machine Translation (HMT) technology, which combines the best attributes of rule-based and statistical machine translation, and based on our higher translation accuracy, SYSTRAN is currently the Global No.1 enterprise among the automatic machine translation field. About FueTrek FueTrek Co., Ltd. is a leading one-stop-shop provider of speech recognition, speech synthesis, dialog and automatic translation, serving consumers and global businesses. By leveraging technologies by NICT (National Institute of Information and Communications Technology) & ATR (Advanced Telecommunications Research Institute International), most advanced speech-related research institutes in Japan, FueTrek has been making speech-related technologies accessible in both everyday life and enterprise usage. FueTrek is listed on the Tokyo (2468) stock exchanges. Please visit

FueTrek Investments

5 Investments

FueTrek has made 5 investments. Their latest investment was in Yukai Engineering as part of their Series A on March 3, 2020.

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FueTrek Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/5/2020

Series A

Yukai Engineering

$4.7M

No

5

9/19/2019

Corporate Minority

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10

8/25/2015

Corporate Minority

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$99M

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10

1/7/2015

Series A

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10

9/29/2014

Corporate Minority

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10

Date

3/5/2020

9/19/2019

8/25/2015

1/7/2015

9/29/2014

Round

Series A

Corporate Minority

Corporate Minority

Series A

Corporate Minority

Company

Yukai Engineering

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Amount

$4.7M

$99M

New?

No

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Co-Investors

Sources

5

10

10

10

10

FueTrek Portfolio Exits

3 Portfolio Exits

FueTrek has 3 portfolio exits. Their latest portfolio exit was Media Japan on July 15, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/15/2021

Acquired - II

$99M

1

10/30/2017

Shareholder Liquidity

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$99M

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10

9/29/2014

Corporate Majority

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$99M

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10

Date

7/15/2021

10/30/2017

9/29/2014

Exit

Acquired - II

Shareholder Liquidity

Corporate Majority

Companies

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Valuation

$99M

$99M

$99M

Acquirer

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Sources

1

10

10

FueTrek Acquisitions

4 Acquisitions

FueTrek acquired 4 companies. Their latest acquisition was Media Japan on June 20, 2017.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

6/20/2017

$99M

Acquired

1

4/2/2012

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$99M

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10

4/1/2011

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$99M

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10

5/31/2007

Other

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$99M

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10

Date

6/20/2017

4/2/2012

4/1/2011

5/31/2007

Investment Stage

Other

Companies

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Valuation

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

10

10

10

FueTrek Partners & Customers

4 Partners and customers

FueTrek has 4 strategic partners and customers. FueTrek recently partnered with Yukai Engineering on July 7, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

7/29/2019

Partner

Japan

2

9/29/2014

Partner

France

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10

9/29/2014

Partner

France, and Japan

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10

9/29/2014

Partner

France, and Japan

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10

Date

7/29/2019

9/29/2014

9/29/2014

9/29/2014

Type

Partner

Partner

Partner

Partner

Business Partner

Country

Japan

France

France, and Japan

France, and Japan

News Snippet

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Sources

2

10

10

10

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