Fundz

Lilz Brings Its Gauge-Watching Smart Cameras To The Us And Raises $4M

PRIVATEJun 26, 2023

Amount Raised

$4 Million

Round Type

Seed

Ginowan-city.Oil And Gas

Description

When you run big real-life industrial operations, there’s always a gauge or readout somewhere deep in the facility that your engineers or field teams need to check in person. Lilz is a Japanese startup that builds devices you can set up to read these meters remotely, and the company just raised $4.1 million as they enter the North American market.

Quick answer

Lilz raised $4 Million in a Seed round, dated June 26, 2023. Lilz is based in Ginowan-city., Okinawa, Japan.

How much did Lilz raise?
Lilz raised $4 Million in a Seed round on June 26, 2023.
What does Lilz do?
LiLz aims to make fieldwork maintenance easier through a fusion of IoT and machine learning.
Where is Lilz based and how big is it?
Lilz is based in Ginowan-city., Okinawa, Japan.
Who are the decision-makers at Lilz?
Fundz holds 1 contact at Lilz. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Oil And Gas around the same time

Companies in the same sectors as Lilz that raised within 45 days of this round, from Fundz verified event records.

  • PCC Hydrogen raised an undisclosed amount (Funding Round) on August 9, 2023.
  • NEXT Renewable Fuels, Inc. raised $1.1M on August 8, 2023.
  • Highwood Asset Management Ltd raised $14M on July 27, 2023.
  • Royale Energy raised $100K (Seed) on July 27, 2023.
  • Spearpoint Resources Co raised $97K (Pre-Seed) on July 27, 2023.
  • Dynamic Renewables raised an undisclosed amount (Corporate Round) on July 26, 2023.

Who to call at Lilz, and when

A new round usually means Lilz is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Lilz raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Lilz, from your own LinkedIn network

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Company Information

Company

Lilz

Location

Ginowan-city., Okinawa, Japan

About

LiLz aims to make fieldwork maintenance easier through a fusion of IoT and machine learning. Our flagship system, LiLz Gauge, automates daily visual inspections in locations with no electricity or Wi-Fi access. By using cameras that feature built-in LTE connectivity and 3 years of battery life, as well as the cloud-based system that uses AI algorithms to assess measurements of target gauges captured in images, LiLz Gauge dramatically reduces the time and labor required for visual inspections.

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Fundz sees it the moment Lilz raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Lilz raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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