JX Press provides breaking news bulletins for urgent information on accidents, natural disasters, and other incidents detected by AI.
The JX PRESS Corporation is Japan’s“virtual news agency.”JX PRESS’s “FASTALERT” service provides breaking news bulletins for urgent information on accidents, natural disasters, and other incidents detected by AI to all six of the major television broadcast stations in Japan, including NHK, and the majority of the 100+ local broadcast stations. FASTALERT works with more companies than any other service that utilizes information gathered from social networking sites for news reporting in Japan.The version offered to ordinary consumers, an app called “NewsDigest,” is the biggest news bulletin app in Japan, boasting over 1 million downloads. It is gaining popularity because of its ability to use AI to automatically detect and deliver news bulletins on information worth reporting. Alongside FASTALERT, it is also gaining more widespread use by news reporters as a standardized service for information.Stakeholders in the JX PRESS Corporation include KYODO NEWS, the leading news agency in Japan, two of the leading commercial broadcast stations (TV Asahi and Fuji TV), and the Nikkei Group. We are a new kind of news agency that provides computerized news reporting to all of the major media groups in Japan.Bloomberg - This Media Startup Is Beating the Competition With a Newsroom Run by Robotshttps://www.bloomberg.com/news/articles/2018-05-27/the-airline-geek-trying-to-build-a-media-giant-with-no-reporters
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Apr 12, 2018 | Series C | $3M | 1 | — | — | Detail |
Jul 27, 2016 | Series B | $3M | 1 | Quick | — | Detail |
May 23, 2011 | Pre-seed | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Quick | Yes | Series B |
Fuji Startup Ventures | — | Series C |
NetAge | — | Pre-seed |