Neural Pocket Launches First Overseas Branch in Singapore
Posted Jun 16, 2020 17:04 (GMT +7)
TOKYO--(BUSINESS WIRE)--Jun. 16, 2020
Neural Pocket Inc., which utilizes proprietary "Edge AI" technology to analyze images and videos for smart cities, has opened its first overseas office in Singapore.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200615005834/en/
Neural Pocket Inc., a leading Japanese edge-AI solution provider, has launched its first overseas branch in Singapore to accelerate efforts across Southeast Asia. The company provides solutions in areas such as smart cities, mobility, digital signages, and fashion and currently serves government agencies, real-estate infrastructure companies, retailers, manufacturers, and logistic companies globally. Global CEO, Roi Shigematsu (center); Singapore President and Global CSO, Ryosuke Tane (right to center); Global COO, Han Zhou (left to center) (Photo: Business Wire)
Regarding "Edge AI" equipment, the company is collaborating with Huawei and NVIDIA and jointly conducting business development. The company is also working alongside Macnica Corporation, which has a strong proven track record. The company also receives full support from leading Japanese financial institutions and investors, including Sumitomo Mitsui Banking Corporation, Mizuho Bank, SPARX Asset Management, the University of Tokyo Edge Capital, Mizuho Capital, and SMBC Venture Capital. The company will leverage their collective overseas network to accelerate geographic expansion.
From academia, Neural Pocket receives support from Professor Yutaka Matsuo from the University of Tokyo, also a former visiting associate professor at the National University of Singapore.
Neural Pocket Inc. Singapore Branch overview
Location: 9 Straits View, Marina One West Tower, #06-07, Singapore 018937
Representative: Mr. Ryosuke Tane, Singapore Branch President, Neural Pocket Inc. Executive Officer and Global CSO (Chief Strategy Officer)
Representative Profile: He has experience as a management consultant at McKinsey & Company (Tokyo and New York) and as a private equity investment professional at Bain Capital. Most recently he has led expansion as Tokyo GM for tech venture OYO LIFE. He holds an MBA from Stanford University where he was an Arjay Miller Scholar.
Message from Mr. Shigematsu, Global CEO, Neural Pocket Inc.
Emerging countries, particularly in Southeast Asia, are rapidly urbanizing due to explosive economic growth, and demand for high-quality infrastructure is expanding. Southeast Asian countries are developing smart cities utilizing advanced technologies such as AI and big data and building next generation infrastructure. With the opening of our first overseas branch in Singapore, we will further expand our business across Singapore, Malaysia, Thailand, Indonesia, Philippines, Australia and other growing counties across Southeast Asia and the Pacific.
About Neural Pocket Inc.
Neural Pocket is developing proprietary AI technology to analyze images and video, and aims to realize tomorrowʼs society through the use of AI in areas such as smart cities, mobility, digital signages, and fashion. We are providing solutions to government agencies, municipalities, infrastructure companies, retailers, and manufacturers through the development of cutting-edge technology.
Representative: CEO, Roi Shigematsu
Headquarters: Tokyo Midtown Hibiya, Hibiya Mitsui Tower 32F, 1-1-2, Yurakucho, Chiyoda-ku, Tokyo, Japan
View source version on businesswire.com: https://www.businesswire.com/news/home/20200615005834/en/
Neural Pocket Inc.
Ryosuke Tane (Singapore Branch President)
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