NejiLaw Funding, Investors & Competitors

NejiLaw has raised $265M across 3 funding rounds, most recently a $255M undisclosed-stage round in December 2017.

Last NejiLaw funding round

$255M

Undisclosed stage · Dec 2017

Cumulative funding NejiLaw raised

$265M

across 3 funding rounds

Key investors in NejiLaw

  • Innovation Network Corporation of Japan
  • Mitsubishi UFJ Capital
  • MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC)
  • IDATEN Ventures

NejiLaw Overview

About NejiLaw

NejiLaw manufactures industrial fastening components and performance testing equipment for screws and bolts. Osaka-based, the company supplies evaluation testers to construction firms aiming to prevent accidents and reduce maintenance costs through enhanced fastener reliability.


Founded

2009

HQ

JapanTokyo

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

NejiLaw Funding History

NejiLaw has raised a total of $265M across 3 funding rounds.

NejiLaw's first fundraising round was a $4M seed round in July 2014. The most recent completed round was a $255M undisclosed-stage round in December 2017.

NejiLaw funding rounds

NejiLaw funding rounds
DateStageInvestorsRaisedDeal Summary
Dec 2017Undisclosed stageIDATEN Ventures; MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC)$255MNejiLaw is a Japanese company founded in 2009 that develops, manufactures, and sells high-performance industrial fastening components, such as innovative bolts that do not loosen ('NejiLaw' translates to non-loosening screw). The company focuses on advanced fastening solutions for social infrastructure, including multi-sensing IoT bolts like 'smartNeji,' and has collaborated on projects such as Shinkansen train components with JR Tokai. It established a joint venture with Metal One Corporation in 2021 called NejiLaw MO IP Innovation to address social challenges like national resilience using its proprietary 'emergence ability' technology. In December 2017, NejiLaw conducted a third-party allotment capital increase with investors IDATEN Ventures and Mitsui Sumitomo Insurance Capital (MSIVC), resulting in post-money capital of 527,550,000 JPY. This round followed prior investments, including JPY 300 million from INCJ announced in July 2014. As of October 15, 2017, the post-money valuation (including potential shares) stood at 2,155 million JPY, with shareholders including Next Innovation, IDATEN Ventures, MSIVC, Mitsubishi UFJ Capital, and INCJ. IDATEN Ventures, founded in 2017 and focused on manufacturing and logistics startups, included NejiLaw in its early investments from its inaugural 10 billion JPY fund announced in February 2018, alongside companies like TRINUS and Exawizards. NejiLaw built a development base post-INCJ investment, establishing integrated systems for R&D to quality control and accumulating track records in contracted development for infrastructure. INCJ fully exited its stake in NejiLaw in August 2022 by transferring shares to Next Innovation Inc., headed by NejiLaw CEO Hiroshi Michiwaki, after eight years of investment. The company continues operations, with recent developments including exhibiting Shinkansen components at the Railway Technology Exhibition in November 2025.
Jul 2014Series AInnovation Network Corporation of Japan (lead)$7MNejiLaw inc. received a 7.0 investment (likely in ¥100 million units) from domestic investors including Innovation Network Corporation of Japan on July 25, 2014, categorized as an early-stage deal in industrial products.
Jul 2014SeedMitsubishi UFJ Capital (lead); Innovation Network Corporation of Japan$4MNejiLaw Inc. was listed in Japanese venture capital investment records as receiving early-stage funding in July 2014, focused on industrial products.

Who has invested in NejiLaw?

4 investors have backed NejiLaw across its funding rounds, including Innovation Network Corporation of Japan, Mitsubishi UFJ Capital, MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC) and IDATEN Ventures.

Lead investors include Innovation Network Corporation of Japan and Mitsubishi UFJ Capital.


NejiLaw Investors

Investors in NejiLaw by funding rounds participated
InvestorHQRoundsRoleFirst check
Innovation Network Corporation of JapanJapanTokyo2LeadJul 2014
IDATEN VenturesJapanTokyo1ParticipantDec 2017

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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NejiLaw Competitors

NejiLaw competitors include listed companies like Fortive, MKS, Caterpillar and Applied Materials, and private ones like Horse Powertrain and Zhenkunxing.

Public and private companies comparable to NejiLaw
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
FortiveUnited StatesUnited StatesPublicly listed$4.2B$1.2B$17B4.6x
MKSUnited StatesUnited StatesPublicly listed$3.9B$846M$16B4.2x
CaterpillarUnited StatesUnited StatesPublicly listed$68B$14B$367B5.3x
Applied MaterialsUnited StatesUnited StatesPublicly listed$28B$8.7B$331B9.8x
Horse PowertrainSpainMadridPrivate$8B$885M$7.7B1.0x
ZhenkunxingChinaShanghaiPrivate--$1.9B-

NejiLaw Public Comps

NejiLaw is still privately-owned, but its public comps include Caterpillar, Applied Materials, Siemens, Deere, ABB, Eaton, Zhongji Innolight, Hitachi, Safran and Air Liquide.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Caterpillar$68B$14B6.0x5.3x28.3x24.5x
Applied Materials$28B$8.7B11.6x9.8x37.8x28.7x
Siemens$91B$15B3.0x2.9x18.1x15.7x
Deere$45B$12B5.3x5.8x20.5x32.1x
ABB$33B$6.9B5.4x4.9x25.9x22.6x
Eaton$27B$6.2B6.5x5.7x29.1x24.2x
Zhongji Innolight$5.7B$2.1B27.7x12.0x74.2x29.3x
Hitachi$68B$11B2.2x2.2x13.8x13.5x

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Common questions about NejiLaw

When was NejiLaw founded?NejiLaw was founded in 2009.
Where is NejiLaw headquartered?NejiLaw is headquartered in Tokyo, Japan.
Is NejiLaw publicly listed?No, NejiLaw is a private, VC-backed company.
How much funding has NejiLaw raised?NejiLaw has raised $265M across 3 funding rounds.
What was NejiLaw's last funding round?NejiLaw's last funding round was a $255M undisclosed-stage round in December 2017.
Who are NejiLaw's investors?NejiLaw's investors include Innovation Network Corporation of Japan, IDATEN Ventures, Mitsubishi UFJ Capital and MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC).
Which companies are comparable to NejiLaw?Companies comparable to NejiLaw include Fortive, MKS, Caterpillar, Applied Materials, Horse Powertrain and Zhenkunxing.

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