Kobe University Spinoff TelaAxon, Developer of AI Privacy Protection Technology, Raises 100 Million Yen in Series A
Summary
TelaAxon, an AI startup spun off from Kobe University, announced on January 29th that it has raised approximately 100 million yen in a Series A round. This brings their cumulative funding to approximately 130 million yen.The company was established in May 2022 to commercialize research results from Professor Seiichi Ozawa, Director of Kobe Universitys Center for Mathematical and Data Sciences.Based on core technologies such as federated learning, which can be enhanced by integrating multiple artificial intelligences, they operate AI SaaS platform businesses including special fraud detection for financial institutions and analysis and promotion of health and wellbeing behaviors.Their primary focus is on research and development related to AI privacy protection, ethical protection, and sustainable operations. They also conduct research on moral protection technology to prevent risks of AI causing harm to people or leading to psychological manipulation.Additionally, they provide services managing sustainable AI operations on behalf of companies and government agencies, while simultaneously supporting human resource development to enable customers to operate independently. Using continuous learning and federated learning technologies, they aim to build systems where AI capabilities and ethics grow in balance.The newly raised funds will be used to strengthen research and development capabilities, including hiring data scientists domestically and internationally, and establishing joint research frameworks with universities and companies. They also plan to collaborate with companies strong in DX-related product development to deploy their AI development and maintenance technologies as highly usable products.