FiNC, a Japanese healthcare startup community has recently raises $5.3 million in a funding round led by Mizuho Bank, Japan Finance Corporation and from few other angel investors.
Founded in 2012, The Tokyo-based FiNC is a health care diet tutor service that offers weight loss solutions and advises to its clients. It also allows users to receive a 60-day dietary program chart from dietitians through smartphone.
The health startup plans to use its new funds to recruit new people and strengthen its team. Also, it plans to design a wearable device something like smartwatch and other solutions using artificial intelligence. The wearable terminal would be devised to record data on number of steps, calories automatically when the wearer wears it which thereby would enhance the whole gym experience.
Along with the funding news, the company has launched a 60-day weight loss program teaming with Wellness Frontier that runs Joyfoot sports club in Japan. The registered users can use any of its branches for two months and the program has a mobile app group where the participants can support and encourage each other.
The company was previously funded a year ago in September 2014. The angel investors who participated in this recent funding round include ex-Japan national soccer team coach Takeshi Okada, the founder of Japanese mobile telco company eAccess Sachio Senmoto, ex-Yahoo Japan’s COO Hiroaki Kitano and CEO of Tokyo-based business consultancy Pronova, Etsuko Okajima. The details of their contribution has not been disclosed.