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Preferred Networks

Updated Mar 24, 2026

Preferred Networks's full profile: funding, valuation, competitors, and the people behind the company.

🇯🇵JapanSeries BAI Robotics

Out of 100

🇯🇵

HQ

Japan

🗓

Founded

2014

💰

Raised

$308M

🏷️

Stage

Series B

👥

Team

100-500

Preferred Networks develops deep learning technology applied to robotics, autonomous driving, and industrial applications, building neural network architectures for real-time edge inference in robot control, factory automation, and connected vehicle systems. The Tokyo company gained international recognition for early competition victories in autonomous navigation and robot manipulation

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Key Facts

  • Preferred Networks has raised a total of $308M in disclosed funding across 2 funding rounds.
  • Preferred Networks was founded in 2014 by Toru Nishikawa and is headquartered in Japan.
  • Preferred Networks employs approximately 100-500 people.
  • Preferred Networks operates in the AI Robotics category and is currently at the Series B stage.
  • Preferred Networks has an Awaira Score of 72/100, ranking it among the tracked AI companies on Awaira.
  • Preferred Networks's most recent funding round was a Series B of $117M closed in May 2019, led by Mizuho Financial Group.

Source: Awaira · Updated Mar 24, 2026

N/A

Post-money

$308M

All rounds

72/100

2014

100-500 employees

Strengths

Strong Awaira Score of 72/100

Large team of 100-500+ employees

Established market presence (founded 2014)

Considerations

!

Valuation not publicly disclosed

Analysis based on publicly available data. Not investment advice.

2

Total Rounds

$66M

Avg Round Size

3.7yr

Funding Span

Preferred Networks raised 2 rounds over 3.7 years, averaging $66M per round — a pace of roughly one round every 22 months.

⚠️ ESTIMATE
💵Est. Annual Revenue
$20M–$100M estimated ARR

Awaira estimate based on public data. Not financial advice.

How does Preferred Networks stack up against competitors?

MetricPreferred NetworksWaymoWayveFigure AI
Awaira Score72/10096/10095/10095/100
Total Raised$308M$27.1B$2.8B$1.9B
ValuationN/A$126B$8.6B$39B
StageSeries BCorporateSeries DSeries C
Founded2014200920172022
Employees100-5003500100-500450
Country🇯🇵🇺🇸🇬🇧🇺🇸
T

Toru Nishikawa

Co-Founder & Chairman

View founder profile →
StageSeries B
Employees100-500
Country🇯🇵 Japan
Connect
Mizuho Financial GroupFANUCToyotaToyota Motor Corporation
Inactive
2 rounds
Series BLatest

Led by Mizuho Financial Group

$117M

May 2019

Series A

Led by Toyota Motor Corporation

$15M

Oct 2015

Frequently Asked Questions

What is Preferred Networks's valuation?
A confirmed valuation hasn't been made public. This is common for Series B-stage companies in the AI Robotics sector.
Who invested in Preferred Networks?
Mizuho Financial Group, FANUC, Toyota, Toyota Motor Corporation are among the backers. Together, they've contributed to the company's growth in the AI Robotics sector.
When did Preferred Networks last raise funding?
Capital was most recently raised through a Series B of $117M in May 2019. The round was led by Mizuho Financial Group.
How many employees does Preferred Networks have?
The team is roughly 100-500 people, headquartered in Japan.
What does Preferred Networks do?
Preferred Networks develops deep learning technology applied to robotics, autonomous driving, and industrial applications, building neural network architectures for real-time edge inference in robot control, factory automation, and connected vehicle systems. The Tokyo company gained international recognition for early competition victories in autonomous navigation and robot manipulation challenges and developed its own deep learning framework, Chainer, which influenced the design of PyTorch before Chainer was eventually retired.
Who founded Preferred Networks?
Behind the company is Toru Nishikawa, who got it off the ground in 2014 in Japan. Toru Nishikawa serves as Co-Founder & Chairman.
Is Preferred Networks profitable?
Profitability data isn't available in public filings. The company has raised $308M in total funding and operates at the Series B stage.
Where is Preferred Networks headquartered?
The headquarters sit in Japan 🇯🇵 and was established in 2014. It competes in the AI Robotics sector.
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