Collaboration to solve problems in Health Care and Business Productivity
TOKYO/SYDNEY/HELSINKI Feb 18th , 2020
- Japan’s leading IoT company, Asteria, invests in Imagine IM
- Asteria and Imagine plan to develop a hybrid point based and surface sensing platform
- Accelerates Imagine’s entry into deliver the $150 billion global Smart Home market
Asteria Vision Fund I, L.P. (Asteria), the investment division of Asteria Corporation, (Tokyo Stock Exchange: 3853) has invested in Imagine Intelligent Materials Limited, Australia’s leading surface sensing company and graphene manufacturer.
Pictured: Imagine Intelligent Materials CEO Chris Gilbey (left) shaking hands with Asteria Corporation CEO Hirano Yoichiro (Right)
Asteria has recognized the significant benefits to integrate Imagine’s large scale surface sensing technology with Asteria’s “Gravio” – leading IoT middleware product – for both Japanese and global industrial users. There is extraordinary potential for the respective technology offerings of the two companies to work together to generate data and provide analytics in use case areas that are of high importance to people, but where pre-existing solutions are not comprehensive.
Imagine was founded in 2015, with the vision of developing large scale graphene sensing applications. It is headquartered in Geelong, Australia and has a R&D center in Salo, Finland. Imagine established the first commercial graphene plant in Australia and its first product imgne® X3, is a coating that enables identification of holes in the linings of tailing dams used in the mining industry. Imagine is the leading developer of graphene-based sensing in the world. Imagine is now developing large scale sensing solutions for smart buildings and cities and its subsidiary company, in Finland, develops signals processing hardware and algorithms to generate data from its sensing surfaces.
This integrated approach enables Imagine to deliver the industrial sensing equivalent of the human skin, in an extremely cost effective way, ensuring valuable data to be generated in real time from large surfaces. Imagine has identified as a key target market vertical, the residential aged care sector which, according to Business Insider is expected to grow to $225 billion by 2024 in the US alone, the smart home market which is expected to be $151 billion globally by 2024 according to Markets and Markets, and the smart buildings market which is anticipated to be worth $105 billion by 2024, again according to Markets and Markets.
Pictured: Imagine Intelligent Materials’ surface sensing floor integrated with Asteria Corporation’s Gravio Lights
Yoichiro “Pina” Hirano, the Founder and CEO of Asteria, said, “I am excited about the investment and the collaboration with Imagine. Imagine has very unique sensing material technologies, which enable us to provide broader solutions for real world automation in Japanese and global markets. Together, Imagine and Asteria will contribute to the realisation of a Smart Society with our integrated products and services.”
Chris Gilbey, Executive Chairman and CEO of Imagine, said, “I am delighted that Asteria has chosen to invest in Imagine, and to give us an ability to access the Japanese market faster. The potential for us to work collaboratively to develop commercial synergies will lead to a new level of intelligence in buildings and infrastructure. Ambient Intelligence for aged people will enable the children of our aged population to have greater peace of mind about their loved ones because they will have more knowledge about them in their own homes, with greater efficiencies in care, and automation that has not been possible before.
By working together Imagine and Asteria intend to deliver platform technologies that will enable the two key issues of aging – infrastructure and people – to be addressed.
For further information please contact:
Chris Gilbey OAM
+61 414 223 763
About Imagine Intelligent Materials:
Imagine IM is an Australian graphene sensing company, founded in 2014 by Chris Gilbey and Phil Aitchison. Imagine has developed a licensing and certification model that assures participants in the supply chain of the replicability of graphene functionality and quality. Imagine is the lead industrial partner in Graphene Certification Labs, based at Swinburne University and was also the first Australian company to build a commercial scale graphene manufacturing capability. Imagine was the first company in the world to develop conductive geosynthetic materials using functionalised graphene and is the first company to be able to deliver large scale surface sensing using graphene.
About Asteria Corp. ( https://www.asteria.com/ )
Asteria Corporation (name changed from Infoteria in October 2018), was established in 1998 as Japan’s first XML-specialized software company and now develops software and services that connect various computers and devices in a company. Their main product “ASTERIA Warp”, which is software that can link data of different computer systems without programming and has been introduced to more than 8,344 companies (as of the end of December 2019), is mainly for large and medium-sized companies. In addition, “Handbook” has been adopted by 1,554 companies (as of the end of December 2019) as a standard for carrying electronic files such as sales materials, product catalogs, and conference materials on smartphones and tablets.
* 1: Techno System Research, Inc., “A 2018 Software Marketing Overview EAI / ESB Market Edition” EAI / ESB stands for Enterprise Application Integration and Enterprise Service Bus, respectively.