Uhuru Corporation (“Uhuru”, headquarters: Minato-ku, Tokyo, President & CEO: Takashi Sonoda) raised ¥2 billion in funds through a third party placement to JIC Venture Growth Investments Co., Ltd. (“JIC VGI”, headquarters: Chiyoda-ku, Tokyo, President & CEO: Hideki Yarimizu)
With this financing, Uhuru plans to further increase corporate value by promoting and expanding the company’s IoT business and more actively participating in smart city projects.
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About Uhuru Corporation
Based on our corporate philosophy “Create a sustainable society with technology and out of the box thinking”, Uhuru supports and promotes digital transformation (DX) and data utilization by businesses and society. We offer on-stop access to services such as consulting and system development based on our in-house products and solutions for edge devices and the cloud. To go beyond the framework of corporate activities and make DX for localities and industries happen, we are working on R&D in the domain of IoT + blockchain while advocating ways to introduce and standardize a system for trusted data distribution, an essential factor for smart cities and supply chains.