Parsivate Inc., which provides solutions utilizing AI (artificial intelligence) technology, has raised 20 million yen from KUSABI No. 1 Investment Limited Partnership (hereinafter, KUSABI) through a third-party allotment of new shares. The funds raised will be used to strengthen the development environment for AI solutions, promote marketing partnerships, and expand the organizational structure, building a business foundation to further utilize Parsivate’s unique strengths in developing and implementing AI technology.
Purpose of fund raising
Strengthening the development environment for AI solutions
With this funding, Parsivate will strengthen its equipment, such as computers, necessary for solution development, enabling flexible and rapid software development and strengthening the development of AI products that support business digital transformation and AI technology that can be implemented in drones and robots.
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Promoting marketing partnerships
In order to provide Parsivate’s AI products to clients in a wide range of industries, we will promote marketing activities, including participating in exhibitions. Through partnerships with companies in different industries, we will generate innovation and create value for society more boldly.
Expansion of organizational structure
In order to develop optimal AI products for our clients, Parsivate acquires highly specialized talent. We hire talent from a wide range of fields, including AI engineers, product managers, and designers, and build teams that emphasize diversity and internationality. By recruiting talent with a global perspective, we form innovative and implementation-oriented teams and promote product development that meets the needs of various regions and industries.
SOURCE: PR TIMES
