DIMENSION makes added investment in ABEL, a provider of training and injury prevention for racehorses based on data and AI
ABEL is a startup company that aims to realize a world where all animals can coexist with the usage of technology. It develops businesses that balance economic activity with animal welfare.
The racehorse-specific IoT device “EQUTUM,” a service developed and operated by ABEL, provides real-time data such as speed, stride, and heart rate to the field of racehorse training, where trainers’ experience and intuition have traditionally been emphasized, enables decision-making based on numerical data. Additionally, by estimating the suitable training conditions for each horse based on past training and race results, more accurate racehorse training becomes possible. In the future, collaboration with veterinarians is planned to enable injury prediction and early detection.
After leading the initial investment in ABEL at its founding, DIMENSION decided to make an additional investment, considering company president Oshima’s and the research team’s strong dedication, the development team’s improvement capabilities, and the support garnered from Japan’s top-tier stables. We anticipate a future where EQUTUM, which aggregates the knowledge of trainers and veterinarians, becomes widespread, enabling all racehorses to unleash their full potential without injury.
Through this investment, DIMENSION will support ABEL’s mission of “realizing a world where all animals are happy and coexist healthily.” Furthermore, we will continue to invest in and provide support to entrepreneurs who are dedicated and sincere in their management efforts.
For detailed information about this funding, please refer to ABEL’s news release:
https://prtimes.jp/main/html/rd/p/000000002.000129160.html
■ ABEL, Inc. (https://abel-inc.com)
Representative: Hideaki Oshima, Representative Director
Location: 4B-2 R Gotanda, 8-2-12 Nishi-Gotanda, Shinagawa-ku, Tokyo
Established: December 2021
Business: Development and provision of racehorse management software as a service (SaaS) “EQUTUM”
■ DIMENSION, Inc. (https://www.dimensionfund.co.jp/en/)
Our mission is “Building a society where people’s vision and commitment are rewarded.”
The first fund, established in October 2019, has invested in 24 companies, three of which have gone public. In April 2022, we established the second fund with a total of 10.15 billion yen. Beyond merely providing risk money, we leverage our expertise in business growth, organizational development, and finance to invest in entrepreneurs who are committed and sincere in their management from the early stages, supporting their business expansion and IPO efforts.
Representative: Takamitsu Miyaso Chief Executive Officer
Location: 15th floor, Toranomon Hills Business Tower, 1-17-1 Toranomon, Minato-ku, Tokyo.
Established: October 2019
Business: Venture Capital business