Tohoku University AI Startup Secures $34 Million Investment from Mitsubishi Electric

A spin-off AI startup from the University of Tokyo, known as Tō, has successfully secured a significant investment of 5 billion yen (approximately $34 million) from Mitsubishi Electric. This funding round values the company at an impressive 100 billion yen, showcasing strong confidence in its future in the AI sector.

• •The startup is a spin-off from the University of Tokyo's Matsuo Lab.
• •Mitsubishi Electric is the investor.
• •The company's valuation is 100 billion yen.