NeU Corporation (Headquarters: Chiyoda-ku, Tokyo with Representative Director Kiyoshi HASEGAWA) in operation under THVP-1 Investment Limited Partnership by Tohoku University Venture Partners Co., Ltd. with existing shareholders Hitachi High-Tech Co., Ltd. and NSD Co., Ltd. has implemented a capital increase through third-party allotment with Mitsui Bussan Co., Ltd. as a new underwriter.
Background and purpose of financing:
At NeU, we have been developing human-focused solutions in various fields of society based on our knowledge of cognitive brain science and portable brain measurement technology. In particular, our mission is to improve the quality of life through the visualization of brain activity. NeU was founded in 2017 and started in the domestic Japanese market. After developing an ultra-compact brain activity sensor weighing only 30 grams that can visualize brain activity in real time in 2019, NeU further refined its brain science-related solutions to promote its services overseas. With this capital increase, NeU will strengthen its financial base, expand business through technological development, personnel enhancement and close cooperation with shareholder companies with the aim to improve the quality of life worldwide.
Company information:
NeU Corporation (https://neu-brains.co.jp)
Location: 2-2-2 Kandaji-cho, Chiyoda-ku, Tokyo
Representative: CEO Kiyoshi HASEGAWA
Established: August 2017
Capital: 285,000,000 Yen (as of February 14, 2022)
Capital surplus: 444,000,000 Yen (as of February 14, 2022)
Business description: Industrial application of brain science that combines “cognitive brain science knowledge” and “portable brain measurement technology”; providing brain science solutions such as brain fitness (cognitive function training, stress coping), neuromarketing consulting and so forth.
Mitsui & Co., Ltd. (http://www.mitsui.com)
Location: 1-2-1, Otemachi, Chiyoda-ku, Tokyo
Representative: Kenichi HORI
Established: July 1947
Capital: 342,383,728,984 Yen (as of September 30, 2021)
Business: Metal resources, energy, projects, mobility, chemicals, steel products, food, distribution business, wellness business, ICT business, corporate development with sales offices and worldwide networks. Utilizing information capabilities to develop various businesses from various perspectives, such as selling a wide variety of products, logistics, finance support and building international projects.
Tohoku University Venture Partners Co., Ltd. (https://thvp.co.jp)
Location: 468-1 Aramaki Aoba, Aoba-ku, Sendai City, Miyagi Prefecture
Representative: President and CEO Tetsuro HIGUCHI
Established: February 2015
Capital: 30,000,000 Yen
Business description: Venture investment business.
Hitachi High-Tech Co., Ltd. (https://www.hitachi-hightech.com/jp)
Location: 1-17-1 Toranomon, Minato-ku, Tokyo Representative: Toranomon Hills Business Tower
Representative: President and CEO Takashi IIZUMI
Established: April 1947
Capital: 7,938,480,525 yen (as of March 31, 2021)
Business description: “Analytical Solution” that manufactures and sells medical analyzers, bio-related products, analytical equipment, and manufactures semiconductor and analytical equipment. Expands global business in three segments: “Nanotechnology Solutions” that sells products and “Industrial Solutions” that provide high value-added solutions in fields such as social/industrial infrastructure and mobility.
NSD Co., Ltd. (https://www.nsd.co.jp)
Location: 2-101 Kanda Awaji-cho, Chiyoda-ku, Tokyo
Representative: President and CEO Yoshikazu IMAJO
Established: April 1969
Capital: 7,205,000,000 Yen
Business contents: System analysis, design contract, program development, computer room operation management and software products.
