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RICOS Secures ¥600M for AI-CAE Software “Lightning”

RICOS Inc., which uses AI and simulation technology to improve the efficiency and add value to product design, is pleased to announce that it has raised a total of approximately 600 million yen in July 2025 through a third-party allotment of new shares underwritten by XTech Ventures Inc., mint, DRONE FUND Inc., UT Founders' Association (UT Founders' Association) Fund, Yamanashi Chuo Bank Management Consulting Co., Ltd., and Hiroshima Venture Capital Co., Ltd., as well as borrowing from Hokkoku Bank Ltd. RICOS is a technology company that optimizes manufacturing processes by combining CAE (Computer Aided Engineering)*1 with AI and high-performance computing technologies. In the product design process at manufacturing sites, CAE is often used to create pseudo-product models on computers, and then to simulate various physical phenomena such as fluid flow…