TechnoPro, Inc. to Make Equity Investment in AI Learning Support and Solutions Company Aidemy; Companies to Form a Stronger Alliance and Accelerate Development of Professionals Multi-Skilled in Cross-Discipline AI
Jan 30, 2020
TechnoPro Holdings, Inc. subsidiary TechnoPro Inc. (Tokyo; Yasuji Nishio, president and representative director) has announced an equity investment in Aidemy, Inc. (Tokyo; Akihiko Ishikawa, CEO). Aidemy provides support for professionals and organizations involved in integrating AI and other leading-edge technologies with various industrial fields.
1. Investment Background
As announced on November 19, 2019, TechnoPro and Aidemy have entered into a business alliance to enhance engineer professional value (AI-based training) and construct an AI platform business. Noting the recent growth in the use of AI, the companies have entered into an equity tie-up to accelerate their cooperative relationship, planning to train and produce outstanding professionals who have multiple skills in manufacturing and AI and who are capable of responding to the issues surrounding AI and society as a whole.
2. Investment Framework
TechnoPro, Daikin Industries, Ltd., UTEC Co., Ltd., Daiwa Corporate Investment Co., Ltd., UTokyo Innovation Platform Co.,Ltd., Chiba Dojo, Skyland Ventures KK, and four individuals will be investors receiving a total JPY830 million in third-party allocation of new shares executed by Aidemy.
3. Investment Overview
|(1) Company Name||Aidemy, Inc.|
|(2) Main Business Lines||Aidemy cloud solution supporting AI experts and the creation of AI-oriented organizations|
|(3) Established||June 2014|
|(4) Head Office||University of Tokyo Entrepreneur Plaza No.302, 7-3-1 Hongo, Bunkyo-ku, Tokyo|
|(5) Representative:||Akihiko Ishikawa, CEO|
4. Future Outlook
TechnoPro Holdings does not expect this stock acquisition to have a material impact on consolidated earnings for the fiscal year ending June 2020.
About Aidemy, Inc.
A venture firm founded in 2014, Aidemy, Inc. provides support for professionals and organizations involved in integrating AI and other leading-edge technologies with various industrial fields. After university-based machine learning application research and application production/data analysis at client corporations, in December 2017, Aidemy released its platform to start learning AI programming in 10 seconds or less . In just three months after launch, Aidemy surpassed 10,000 registered members and more than 1 million code executions, becoming one of the largest advanced technology learning services in Japan. Aidemy also oversees the special entry-level AI seminar in the Waseda University Science and Technology Doctorate Program. In February 2018, KADOKAWA published Mathematics for AI Programming, written by Aidemy CEO Akihiko Ishikawa. The book became a No.1 seller on Amazon in the artificial intelligence category. In these ways and more, Aidemy contributes solutions for the staffing shortages in the global 1-million-plus advanced IT labor pool.
About TechnoPro, Inc.
TechnoPro, Inc. is the core entity of the technology staffing services TechnoPro Group. The provides design development, research and development, and other technology-based services across a wide range of technological fields through 16,263 full-time engineering professionals (permanent employees) for more than 1,800 major corporations and other customers in the information industry, government research facilities, university research labs, and public entities. Areas of specialty include machinery, electrical/electronic engineering, embedded controls, information systems, chemistry, and biotechnology.
About TechnoPro Group
The TechnoPro Group is Japan’s largest technology-focused staffing and service provider, with more than 127 locations and 19,293 technicians and researchers in Japan, as well as 1,608 technicians and researchers in 12 locations overseas. The company is recognized for its expertise across a broad range of specialties, covering nearly every area of technology considered necessary in Japanese industry. These fields include machinery, electrical/electronic engineering, embedded controls, information systems, chemistry, biotechnology, medicine, construction, and civil engineering. The company provides engineer staffing, subcontracting, technology consulting, recruiting, and other technology-based services to more than 2,000 customers in Japan and overseas.