MUFG Innovation Partners Co., Ltd. (MUIP), the corporate venture capital arm and a wholly owned subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG), recently invested in Kasanare, Inc. (Kasanare) through MUFG Innovation Partners No. 3 Investment Partnership.
Corporate Profile
Name: Kasanare, Inc.
Date of Establishment: August 2022
Headquarters: Tokyo
CEO: Kyoichi Yasuda
Kasanare aims to make everyday work easier through its custom-made generative AI solutions, which are tailored to solve companies’ various business challenges. By leveraging its strengths in areas of LLM operations and retrieval-augmented generation (RAG), Kasanare’s SaaS product enables companies to optimize the use of generative AI across their entire enterprise through improved linkage between external data sources and their internal data systems while meeting data protection requirements.
The name “Kasanare” comes from the Japanese term for “customer-success-knowledge”, embodying the company’s philosophy of committing to client success. Although demand for generative AI implementation in businesses has grown, simply adopting off-the-rack solutions has often failed to deliver the desired results in the workplace. Guided by its founding philosophy, Kasanare aims to maximize the potential of generative AI and provide valuable solutions that address the unique challenges of its clients.
A number of MUFG group companies have already begun working with Kasanare. MUIP will continue to support the promotion of Kasanare’s solutions through its partnership with MUFG.
About MUIP
MUIP was established in January 2019 as the corporate venture capital arm of Japan’s leading financial group, MUFG, to promote its open innovation strategy.
MUIP currently runs 5 funds (about 650 million USD in total), making strategic investments in startups globally and driving business collaboration between the startups and MUFG group companies.
For more information, visit https://www.ip.mufg.jp/.
About Kasanare
Kasanare has successfully completed over 50 projects across various industries, including finance, mobility, consumer goods and telecommunications, by offering flexible generative AI products tailored to the needs of each business department. These projects enabled companies to improve the efficiency of business workflows and the implementation of generative AI technology. Additionally, Kasanare’s proprietary technology, Kasanare Technology Piece, combines LLM operations and RAG to develop and operate AI applications optimized for each company and department.
For more details, please visit https://kasanare.co.jp/.
