Magic Shields announced on September 11 that it has raised around 40 million yen in seed capital for the general sale of a "soft-impact flooring" that prevents the elderly from suffering fractures in a fall.
Magic Shields is a company that develops and sells the "Koroyawa" series of floorings aimed at preventing fractures upon impact. The company was founded on the back of a research project at the Graduate School of Management of Globis University with the corporate philosophy of "eliminating injuries from the world." After its incorporation in 2019, the company has continued to develop its business operations after receiving support from the 2nd iteration of UTokyo IPC 1st Round.
The Koroyawa series of floorings features an internal "structure with variable rigidity" created using the technology of "mechanical metamaterials." Such materials have a unique cushion-type structure with a load-stress property that cannot be replicated in other materials, and they allow users to walk stably while boasting excellent shock absorption in the event that they fall.
This round of financing is aimed at expanding the company's business operations, with IDATEN Ventures, Minoru Moriya, and Tomohiro Otomi as underwriters. The funds raised will be invested in enhancing the mass production capabilities for the fracture-prevention flooring "Koroyawa Pro27" for medical institutions and nursing care facilities, and expanding the sales of this product.