Pre-series A funding was secured by Orange, Inc., a manga translation technology firm situated in Tokyo, Japan, for JPY 2.92 billion (about USD 19.5 million).
Investors
- Shogakukan
- Globis Capital Partners
- ANRI
- SBI Investment
- JIC Venture Growth Investments
- Miyako Capital
- Mitsubishi UFJ Capital
- Chiba Dojo Fund
- Mizuho Capital
- GFR Fund
Use of funds
The money will go toward creating a deep learning model-based localization solution and launching their digital manga store in the summer of 2024.
Orange is a firm that specializes on entertainment technologies for the manga industry, and its founder and CEO is Shoko Ugaki. In close collaboration with many publishers, the firm is creating cutting-edge technologies that improve localization capabilities and facilitate simultaneous manga distribution around the globe.
Up to 500 manga volumes may be localized from Japanese to English each month thanks to their exclusive technology and localization operating procedure. In order to provide manga readers with the opportunity to enjoy comics in their own languages, Orange will also work on localizing manga into additional languages.
The business will also introduce “emaqi,” a digital manga store, to the US market in the summer of 2024. Orange-localized titles will be included in “emaqi.” In order to provide manga lovers in the US with fresh and enjoyable experiences, it will include suggestions made by AI technology and influential manga authors.
About Orange Inc.
Orange, Inc. was established in 2021 and has been working toward its goal of “creating a world where everyone enjoys manga” by establishing technology for mass localized publishing of manga. With the delivery of various and original comics, we hope to enhance the lives of every manga lover, irrespective of their nationality, age, or gender. Our goal is to introduce the joy of manga to next generations.
