Japan
株式会社EVERSTEEL is a Tokyo University spinoff startup founded in 2021 with a mission to achieve horizontal recycling of steel materials and transition the carbon-intensive steel industry towards carbon neutrality. The company has recently secured a ¥200.00M Seed Round investment on 28 September 2023 led by Doll Capital Management.
Eversteel aims to address the challenges in the steel industry by leveraging AI technology for image recognition. By automating the analysis of "iron scrap," the primary recycling material for steel, the company aims to enable efficient quality management. This approach can significantly reduce CO2 emissions as compared to traditional methods of steel production.
The company's impressive journey started in 2019 with research and development activities in Switzerland, followed by program acceptances at various prestigious institutions such as Tokyo University and participation in events like SXSW2021. While partnering with industry leaders like 大和工業株式会社 and 東京製鐵株式会社, Eversteel has initiated efforts towards practical implementation.
Overall, Eversteel's AI-driven approach to upgrading steel recycling processes and contributing to the global goal of carbon neutrality makes it a promising venture that aligns with the sustainability and technological advancement trends in the startup landscape.
For detailed information, the company's media content is available on note.
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