mign, developing next-generation solutions utilizing generative AI for the construction and real estate industry, announced on the 12th completing third-party allocation of shares to Samurai Incubate, Animal Spirits, and individual investors. The funding amount was undisclosed. Individual investors participating in the round include entrepreneur/angel investor Nobuhiro Ariyasu, JMDC COO Remu Sugita, and Opt co-founder/former CEO Tomohito Ebine. Existing investors include University of Tokyo Professor/Stanford University Researcher Yutaka Matsuo and Starmica Holdings Chairman and CEO Masashi Mizunaga.
Since its founding, the company has developed and provided AI solutions specialized in solving construction and real estate industry challenges, comprehensively supporting everything from sales proposals to design, regulatory checks, and business systems.
CEO Masahiro Taima established the company after completing his doctoral course in Urban Engineering at the University of Tokyo Graduate School of Engineering, serving as Project Assistant Professor at Keio University and Kyoto University, and as Visiting Researcher at University College London and Peking University. He leads DX promotion in the construction and real estate industry leveraging expertise in architecture, civil engineering planning, and data science.
Among their technical solutions, “urvue” supports AI-powered walkthrough video generation, “anosite” supports digital recording of site conditions through 360-degree images, and “readin” supports digitization of paper invoices. Furthermore, they offer solutions addressing various construction and real estate industry challenges, including “trafe” which detects and notifies managers of construction site dangers, “ceam” enabling prime contractors to optimally select subcontractors, and “shape” reducing costs and time through automated estimation.
Also Read: Smart Grid Transformer Developer IONATE Raises 1.7 Billion Yen in Series A
In January, they released the alpha version of “piqpos,” enabling object generation at specified positions within images. This tool streamlines design modification and change work frequently occurring in real estate and construction industry design processes, particularly useful for creating renovation proposals for existing properties and partial perspective modifications according to client requests.
With this funding, they will strengthen their technical development system through enhanced AI engineer and researcher recruitment, expanded R&D facilities, and investment in latest AI infrastructure.
Additionally, to accelerate deployment of in-house developed solutions, they will enhance existing solution functionality, develop new solutions, and strengthen customer success systems. Furthermore, they plan to focus on global market research, global talent recruitment, and international patent acquisition for global expansion.
SOURCE: TheBridge