TechMagic - About the company
TechMagic is a series C company based in Minato City (Japan), founded in 2018 by Yuji Shiraki. It operates as a Manufacturer of automated cooking robots for food preparation and cleaning. TechMagic has raised $16.8M in funding from investors like Hachijuni Bank, JAFCO Group and Oriental Land. The company has 93 active competitors, including 37 funded and 6 that have exited. Its top competitors include companies like Miso Robotics, Chef Robotics and Rotimatic.
Company Details
Manufacturer of automated cooking robots for food preparation and cleaning. These systems automate heating, stirring, and washing processes for various food items. The technology controls temperature, cooking duration, and mechanical movement to replicate specific culinary techniques. The equipment integrates into commercial kitchens to manage food production tasks.
Key Metrics
Founded Year
2018
Location
Minato City, Japan
Stage
Series C
Total Funding
$16.8M in 2 rounds
Latest Funding Round
Investors
Ranked
17th among 93 active competitors
Employee Count
27 as on Jul 31, 2026
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TechMagic's funding and investors
TechMagic has raised a total funding of $16.8M over 2 rounds. Its first funding round was on Oct 27, 2019. Its latest funding round was a Series C round on Mar 27, 2024 for $*****. 8 investors participated in its latest round. TechMagic has 11 institutional investors.
Here is the list of recent funding rounds of TechMagic:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 27, 2024 | 5631496 | Series C | 3580690 | 7985028 | 1838547 | 5891461 |
Oct 27, 2019 | 6489846 | Seed | 5131609 | 6096398 | 9148078 |
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TechMagic's founders and board of directors
Founder? Claim ProfileThe founders of TechMagic is Yuji Shiraki. Yuji Shiraki is the CEO of TechMagic.
Here are the details of TechMagic's key team members:
- Yuji Shiraki: Founder & CEO of TechMagic. Contact Info: 1 email address
View details of TechMagic's Founder profiles and Board Members
TechMagic's employee count trend
TechMagic has 27 employees as of Jul 26. Here is TechMagic's employee count trend over the years:
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TechMagic's Competitors and alternates
Top competitors of TechMagic include Miso Robotics, Chef Robotics and Rotimatic. Here is the list of Top 10 competitors of TechMagic, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Miso Robotics 2016, Pasadena (United States), Series E | Provider of robotic technology for assisting chefs | $65.1M | 64/100 | |
2nd |  Chef Robotics 2019, San Francisco (United States), Series A | Developer of artificial intelligence-enabled robotic systems for food production | $43.1M | 63/100 | |
3rd | Developer of fully automatic flatbread-making robot | $48.5M | 62/100 | ||
4th |  Hyphen 2018, San Jose (United States), Series B | Platform offering automated kitchen operation solution | $56M | 57/100 | |
5th | Provider of AI-driven digital kitchen solutions for global businesses | $63M | 56/100 | ||
6th |  Aniai 2020, Seoul (South Korea), Seed | Developer of food service robotics for restaurant businesses | $19M | 54/100 | |
7th | Developer of robotic kitchen systems for food service applications | $15.5M | 53/100 | ||
8th |  BEYOND HONEYCOMB 2020, Seoul (South Korea), Series A | Platform developing AI sensing and robotics solution for kitchen devices | $12.6M | 52/100 | |
9th | Developer of multi-modal robotic solutions for consumer and commercial application | $43.9M | 52/100 | ||
10th |  X Robotics 2019, San Francisco (United States), Seed | Provider of automated pizza making robot for restaurants | - | 45/100 | |
17th | Manufacturer of automated cooking robots for food preparation and cleaning | $16.8M | 42/100 |
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TechMagic's Investments and acquisitions
TechMagic has made no investments or acquisitions yet.
Reports related to TechMagic
Here is the latest report on TechMagic's geography:
News related to TechMagic
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Kentucky Fried Chicken Restaurants in Japan Will Soon Use a Fry-Cooking RobotThe Spoon•Feb 01, 2023•KFC, TechMagic
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