(Location: Minato-ku, Tokyo, CEO: Ryota Kanai, hereinafter referred to as "ARAYA"), a company engaged in the development of AI (artificial intelligence) technologies and solutions, announces that it has raised a total of approximately 550 million yen through a third-party allocation of new shares.
The third-party allotment of new shares will be conducted through "KDDI New Business Development Fund 3 Investment Limited Partnership", "MF-GB Investment Limited Partnership" and "Global Brain No.6 Investment Limited Partnership" managed by Global Brain Corporation, and "Mitsubishi UFJ Capital No.6 Investment Limited Partnership" managed by Mitsubishi UFJ Capital Corporation. which is operated by Mitsubishi UFJ Capital Co.
The purpose of this funding is to strengthen the development of cutting-edge AI technologies such as "Deep Learning", "Edge AI" and "Autonomous AI", to develop products that utilize these technologies, and to promote overseas expansion. In order to expand these businesses, we will strengthen recruitment of engineers and business development staff.

PRESS RELEASE(PDF)