Aioi Nissay Dowa, Toyota Motor, Mitsui and SBI Group have provided $32.2m for the deep learning technology producer, bringing its overall funding past $45m.

Japan-based deep learning system developer LeapMind raised ¥3.5bn ($32.2m) in series C funding on Tuesday from investors including insurer Aioi Nissay Dowa, carmaker Toyota Motor and diversified conglomerate Mitsui.

Financial services provider SBI Group also participated in the round, through venture capital subsidiary SBI Investment, and it has now received more than $45m in total.

Founded in 2012 as AddQuality, LeapMind has developed a deep learning software stack and associated hardware that can run on small computing environments with limited…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.