ArchiTek Corp. ( headquarters: Osaka City, President: Shuichi Takada, hereinafter referred to as “ArchiTek” ), a AI technology company that researches and develops prototype circuits for information technology systems, notifies that they have issued third-party allotment of new shares and completed raising funds for series A rounds totaling 500 million yen.
In addition to the Mirai Creation Fund ( we announcemented on March 6th, 2018 ), today, GK TechAccel Ventures, NTT DOCOMO Ventures, Inc., Mitsubishi UFJ Capital Co., Ltd. and SENSHU IKEDA CAPITAL CO.,LTD. newly joined as underwriter in this round.
As a result, ArchiTek raised a total of approximately 530 million yen in this Series A round.
[ Series A Fundraising Underwriters ]
The Mirai Creation Fund
( investor: SPARX Asset Management Co., Ltd., President: Shuhei Abe )
GK TechAccel Ventures *
( headquarters: Minami-ku, Tokyo, Job executor: Shinji Yasuoka )
NTT DOCOMO Ventures, Inc. *
( headquarters: Minami-ku, Tokyo, President: Toshiki Nakayama )
Mitsubishi UFJ Capital Co., Ltd. *
( headquarters: Chuo-ku, Tokyo, President: Muneki Handa )
SENSHU IKEDA CAPITAL CO.,LTD. *
( headquarters: Kita-ku, Osaka, President: Mitsutoshi Ishitobi )
* Underwritten funds managed by each company
This fund procurement will be applied to the proprietary development of high speed and low power consumption semiconductor circuits and various algorithms that will operate on these circuits. We also intend to strengthen the team foundation and structure for mass production.
[ Brief information about ArchiTek ]
– Company Name: ArchiTek Corporation ( https://architek.ai )
– HeadOffice: 1-1-7-303 Kita Horie Nishi-ku Osaka
– CEO: President Shuichi Takada
– What We Do: Research and development of prototype circuits of information technology systems
We have our proprietary architecture of IP core and know-how of LSI design and we have developed an LSI that achieves high speed and low power consumption image recognition applications utilizing AI for advanced image analysis and Deep Learning.
This technology is hoped to be utilized not only in edge computing such as IoT devices but in a wider range.
[ Inquiries ]
ArchiTek Corporation Managing director & CFO Fujinaka
Press release from NTT DOCOMO Ventures, Inc.