Nexta, which provides the production management cloud service “SmartF” for the manufacturing industry, announced on the 21st that it has raised 220 million yen through debt financing from Japan Finance Corporation, Mizuho Bank, and Resona Bank. This is the company’s first announced funding since the Series A round announced in December 2023.
SmartF, provided by Nexta, is a cloud service equipped with functions to digitize all operations related to production management, from order management to inventory management, process management, cost management, and quality management. It streamlines analog operations in manufacturing sites that are currently conducted through handwriting and Excel.
Users can select and implement specific functions, and the service supports user companies through a dedicated representative system, including creating manuals for each company to promote utilization after implementation. It also has the advantage of being able to start with small-scale trials, and the service is being implemented in companies across various industries and business formats.
Recently, Shinsei Electronics, which handles planning, development, and design of circuits and boards, implemented the system to systematize ordering operations. By going paperless, they significantly reduced the effort and cost of printing paper, saving 1,210 hours of work annually.
At Mabuchi Motor Oken, which develops, manufactures, and sells small pumps for medical devices, home appliances, and automotive equipment, they implemented SmartF’s inventory management function and connected handheld terminals. This has made it possible to grasp the latest inventory numbers, successfully reducing inventory-taking work by about 1,000 hours over a six-month period.
According to the release, Nexta’s sales have increased fivefold and the number of employees has more than quadrupled over the past two years. With this funding as a catalyst, the company plans to continue aggressive investment, including building a system to support the field operations of more user companies.
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