Investors such as Persol and Sompo have provided series B capital for ExaWizards, a developer of AI technology that caters to the elder care service industry.
Japan-based, medical and nursing care-focused artificial intelligence (AI) technology developer ExaWizards raised ¥1.58bn ($14.7m) today in a series B round that featured recruitment firm Persol and insurer Sompo.
Persol invested through its corporate venturing unit, Persol Innovation, and four other investors also took part in the round, though only public-private partnership Innovation Network Corporation of Japan (INCJ) was identified.
Founded in 2016, ExaWizards provides AI-powered solutions to Japan’s ageing society and decreasing workforce, applying robotics in areas such as nursing…
