TOKYO, May 29 (Pulse News Wire) – Geniee,inc. (6562.T) announced its subsidiary, JAPAN AI Co., Ltd., completed a series C first close funding round, raising approximately ¥1.100 billion from two venture capital firms, SMBC Edge and Nissay Capital.
The total equity raised since inception now stands at ¥4.100 billion. This fundraising will bolster JAPAN AI's efforts to support artificial intelligence transformation in Japanese enterprises through enhanced talent acquisition and diversified business areas. Specifically, the funds will be used to strengthen deployment strategist (DS) and forward-deployed engineer (FDE) hiring, aiming to build a comprehensive support system from identifying management issues to implementing AI solutions across various industries.
In comments, SMBC Edge highlighted the significant growth potential of JAPAN AI’s product lineup and organizational capabilities in driving enterprise AI transformations. Nissay Capital reiterated its commitment to supporting JAPAN AI’s continued success following their previous investment. CEO Kudo Tomoshiro emphasized the importance of addressing structural labor shortages in Japanese companies through advanced AI technology, pledging to deliver impactful AI solutions tailored to local needs.
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