alt Inc. raises 3.5 Billion JPY in Funding

alt Inc. has raised 3.5 bn yen to invest in AI-based voice-to-text product development, sales&marketing and hiring with Vertex Growth, a Singaporean investment firm as the lead investor.

CEO Kazutaka Yonekura, alc Inc., with the Digital Clone and P.A.I.

alt Inc. has raised 3.5 bn yen to invest in AI-based voice-to-text product development, sales&marketing and hiring with Vertex Growth, as the lead investor.

TOKYO, JAPAN, June 1, 2022 /EINPresswire.com/ -- Personalized Artificial Intelligence (P.A.I.) developer alt Inc. (Head office: Minato-ku, Tokyo, Japan, CEO: Kazutaka Yonekura), has raised approximately 3.5 billion yen through a third-party allotment of new shares with Vertex Growth; a VC anchored by Vertex Holdings, a

subsidiary of Temasek, a Singaporean investment firm as the lead investor, and other domestic and foreign investors, including existing investors, as subscribers.

【Background and Aims of Procurement】
Our transcription service "AI GIJIROKU" has achieved solid growth since its release. The funds raised are to be used to invest in promotion, recruitment, R&D to further accelerate our business toward our vision of digital cloning and P.A.I., as well as to acquire a share of the global Voice-to-Text market, which has a large potential market size.

【CEO Comment | Kazutaka Yonekura, alc Inc.】
First of all, we are very pleased to have completed the Series D in recognition of our "alt technology".
We are very proud of ourselves as a deep-tech company from Japan that has received high expectations from domestic and foreign investors, including Vertex Growth; one of the top growth VC firms in the world.
We would like to thank all of our shareholders who have supported us, our new shareholders, and the many others who have been supportive. In the Voice-to-Text market, which has high growth potential worldwide, we will first become a market leading company in Asia and make great strides toward realizing the ultimate goal of the P.A.I. of alt, which is to "Freedom from unproductive labor"

【Investors Comments】
https://drive.google.com/file/d/1RyMetEELfv1fxU6CohRkMoH12ZQRhL8r/view?usp=sharing

【Funding Summary】
＜Amount raised＞
　3.52 Billion JPY

＜Allotees＞
　Vertex Growth Fund II Pte. Ltd.
　SBI Group
　SMBC Venture Capital Co., Ltd.
　Dawn Capital No.1 Investment Limited Partnership (Akatsuki Ventures Inc.)
　Spiral Capital LLP
　SMBC Nikko Securities Inc.
　HT Asia Technology Fund LP (Yitu Capital)
　TSVF1 Investment LPS（Tokyu Fudosan Holdings Corporation CVC）
　Industrial Technology Investment Corporation
　DIMENSION 2nd Investment Limited Partnership
　Mizuho Leasing Co., Ltd.
　M3, Inc.

【Currently Available Positions】
・Chief experience officer (CXO)
・Business: Sales, Marketers, Customer Success
・Development: Project Manager, Product Engineer, AI Engineer
・Corporate: Corporate Development

【Service Product Examples】
・AI GIJIROKU　ーFast-growing transcription service
・AI Call Center　ーAutomate your company's entire call center operations
・Nulltitude　ーAI survey system construction for market research and poll
・AI GIJIROKU 100%*　ーAI high-precision transcription service that achieves 100% accuracy by having human intervention. We see global needs in the education, professional, and medical fields, and plan to provide services for data utilization that goes beyond recording.
　*We are still in the early stages of full-fledged launch, and are seeking users and alliances.

【About alt Inc.】
Through the research and development of "alt", a P.A.I. (Personal Artificial Intelligence) based on digital cloning technology, we aim to create the first autonomous society in the history of mankind, in which our daily lives themselves become assets that continue to create lasting value, and in which we can govern ourselves based on our own assessment.

Company name : alt Inc.
Website : https://alt.ai/en/
Address: 809 SENQ Roppongi, Shin-Roppongi bldg. 7-15-7 Roppongi, Minato-ku, Tokyo, Japan
Representative: Kazutaka Yonekura, CEO
Establishment : November 2014
Business description : Development and provision of P.A.I. (Personalized Artificial Intelligence).

[ P.A.I. ]
P.A.I. (Personalized Artificial Intelligence) is an AI that aims to digitize our own narrative and place it in the cloud to perform all digital tasks.

"P.A.I." is a registered trademark of alt.
Concept movie of P.A.I. :
https://youtu.be/VO7kuV7aDRE


--- Our AI solutions (Partial) ---
◆Inquiries for our AI solutions
https://alt.ai/aiprojects/en

◆AI GIJIROKU (AI Minutes)" official website
https://gijiroku.ai/en

◆"AI GIJIROKU (AI Minutes)" Business Plan official Website
https://gijiroku.ai/premium

◆The world's first AI clone questionnaire "Nulltitude" official website
https://nulltitude.ai/en

◆"NeoRMR" Operator AI Support System official website
https://alt-technologies.com/rmr/en

◆"AI TSUYAKU (AI Interpreter)" official website
https://tsuyaku.ai/

◆"AI Call Center" official Website
https://aicallcenter.ai/

◆"AI Moderator" official website
https://aimoderator.ai/

◆"AI Translation" official website
https://honyaku.ai/

◆“Linguacode.AI” (International version of "AI Translation") official website
https://linguacode.ai