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Overview
The JX PRESS Corporation is Japan’s“virtual news agency.”
JX PRESS’s “FASTALERT” service provides breaking news bulletins for urgent information on accidents, natural disasters, and other incidents detected by AI to all six of the major television broadcast stations in Japan, including NHK, and the majority of the 100+ local broadcast stations. FASTALERT works with more companies than any other service that utilizes information gathered from social networking sites for news reporting in Japan.
The version offered to ordinary consumers, an app called “NewsDigest,” is the biggest news bulletin app in Japan, boasting over 1 million downloads. It is gaining popularity because of its ability to use AI to automatically detect and deliver news bulletins on information worth reporting. Alongside FASTALERT, it is also gaining more widespread use by news reporters as a standardized service for information.
Stakeholders in the JX PRESS Corporation include KYODO NEWS, the leading news agency in Japan, two of the leading commercial broadcast stations (TV Asahi and Fuji TV), and the Nikkei Group. We are a new kind of news agency that provides computerized news reporting to all of the major media groups in Japan.
Bloomberg - This Media Startup Is Beating the Competition With a Newsroom Run by Robots https://www.bloomberg.com/news/articles/2018-05-27/the-airline-geek-trying-to-build-a-media-giant-with-no-reporters
About
News, Digital Media, Big Data, Natural Language Processing, Data Mining
2008
51-100
Headquarters locations
Asia
Social
N/A
Profile Resume
JX Press headquartered in Asia, operates in the News, Digital Media, Big Data, Natural Language Processing, Data Mining sector. The company focuses on News and has secured $6.2B in funding across 180 round(s). With a team of 51-100 employees, JX Press is actively contributing to advancements in News. Their latest funding round, Series C - JX Press, raised $22.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
9
5
0
$34.2M
Details
9
JX Press has raised a total of $34.2M in funding over 9 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2013 | Seed | |||
2019 | Late Stage Venture | 5.0M | ||
2012 | Seed | |||
2021 | Late Stage Venture | 22.0M |
Investors
JX Press is funded by 28 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
JIC Venture Growth Investments | - | FUNDING ROUND - JIC Venture Growth Investments | 22.0M |
SMBC Nikko Securities Japan | - | FUNDING ROUND - SMBC Nikko Securities Japan | 22.0M |
JX Press | - | FUNDING ROUND - JX Press | 22.0M |
ABC Dream Ventures | - | FUNDING ROUND - ABC Dream Ventures | 22.0M |
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