Aces has obtained a eight-figure amount from University of Tokyo-focused venture fund Deep30, which mainly backs AI technologies from the university's Matsuo Lab.
Aces, a Japan-based image recognition technology spinout of University of Tokyo, has received an eight-digit yen (¥10m = $91,000) seed investment from Deep30, the venture fund focused on AI concepts originating from UTokyo’s Matsuo Lab.
Founded in 2017, Aces works with industry partners to build tailored human recognition technologies based on its Sharon platform, which uses artificial intelligence and deep learning algorithms to characterise human behaviour and facial expressions.
The company’s projects include a collaboration with marketing group Dentsu that will exploit Sharon to determine athletic movement by tracking human posture and actions.
Aces is also currently advancing programs commissioned by healthcare services provider M3, broadcaster TV Tokyo and insurance firm Sompo Holdings.
The spinout’s founding team includes three members or former members of the Matsuo Lab, led by a doctoral researcher on the team, Koichiro Tamura, who serves as…
