LeadBest Consulting Group’s EchoX Successfully Concludes Seed Round Financing, Valued in the Millions
EchoX, a venture by LeadBest Consulting Group specializing in Web3 data assetization solutions, has recently completed its seed round financing, reaching a valuation in the millions. The successful funding round saw investments from prominent entities such as CoinPost, Japan’s leading blockchain media, NERO Holdings, and strategic institutions from various regions. Additionally, previous angel investors have shown increased support for EchoX, indicating confidence in the company’s trajectory, especially after securing a partnership with Deloitte Japan as their IT supplier.
The announcement of the completion of EchoX’s seed round financing was made during a media event in Taipei on March 29th. Executives from CoinPost and NERO Holdings, including CoinPost CEO Kagami Takahito and NERO Holdings COO Paul Lei, were present at the event, along with LeadBest Group CEO Neil Lee. During the event, a Taiwan-Japan strategic cooperation agreement was signed, leading to the establishment of SUDACHI Tech, a joint venture in Japan aimed at promoting Web3 transformation consultancy services for Japanese enterprises.
Neil Lee emphasized Japan’s commitment to Web3 as a national strategy and highlighted the significant market potential in the country, with Statista projecting a $10.4 billion software market size in 2024. LeadBest aims to capitalize on this opportunity by expanding into Japan and leveraging industry, government, and academia connections to drive Web3 technology applications within Japanese enterprises, with a revenue target exceeding $100 million in the next three years.
EchoX, initially known for its expertise in NFT curation, has evolved into a leading provider of Web3 data assetization solutions, catering to clients such as Dentsu Taiwan and the Yulon Group. With Japan’s strong push for Web3 and AI digital transformation, EchoX is set to bring Taiwan’s advanced software technology to the forefront. The company’s upcoming project includes the TEAMZ Web3/AI Summit in Tokyo, where it will showcase a Web3 exhibition social solution platform for enhanced business networking.
LeadBest Consulting Group, the parent company of EchoX, is committed to elevating Taiwan’s software technology on a global scale. Through a trilateral alliance with Japan’s proactive stance on Web3 and digital transformation, LeadBest aims to integrate Web3 solutions into Japanese enterprises, focusing on sectors like automotive, insurance, media, entertainment, and ticketing. The company also plans to empower more Taiwanese tech teams for overseas validation and expand its success across the Asia-Pacific region and other countries in the future.
Overall, EchoX’s successful seed round financing and strategic partnerships signal a promising future for the company as it continues to drive innovation in the Web3 space and expand its presence in key markets like Japan.
For more information, please contact Anita Tseng, PR & Marketing of LeadBest Consulting Group, at anita.tseng@getoken.io.
Source: EchoX
