Iwagin Jigyo Souzou Capital-backed Iwate New Business Creation Fund 3 invests in disaster risk data startup Spectee

• Iwagin Jigyo Souzou Capital invested in Spectee via the Iwate New Business Creation Fund No. 3.
• Spectee is a Tokyo-based resilience-tech startup that uses AI to visualize disaster-risk information in real time for governments, insurers, and corporates.
• The deal was structured as an equity acquisition; the investment amount was not disclosed.
• The fund targets companies expected to support Iwate’s economic growth; it has a JPY 1 billion size.

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