YANMAR VENTURES - Information
Investment in Fairy Devices Inc.
December 15, 2021
Yanmar Ventures Co., Ltd.
Yanmar Ventures Co., Ltd. (HQ: Osaka, Japan; CEO/Managing Partner: Nobuyuki Oda) is pleased to announce that, through Yanmar Ventures I Investment Limited Partnership, it has made an investment in Fairy Devices Inc. (HQ: Tokyo, Japan; CEO: Masato Fujino), a company that applies machine learning technologies to industrial solutions.
Fairy Devices has developed Connected Worker Solution, an end-to-end industrial solution that provides a user-friendly remote assistance tool for field workers while encouraging onsite tacit intelligence to be recorded and analyzed as data and learned by machine. Supported by a variety of technologies from the company’s unique edge device equipped with VUI※1 & VPA※2, noise cancellation, speech-to-text technologies to cloud infrastructure and machine learning technologies, the solution connects field workers to remotely located advisors, while collecting field data in high quality to obtain business intelligence by machine learning. The company’s ambition is to empower AI to empower humans by its state-of-the-art technologies, like a warm-hearted fairy’s incredible magic in fairytales, as its name implies.
Yanmar Group, collaborating with Fairy Devices, has initiated development of remote technical support services for our energy systems business using Fairy Devices’ wearable solutions. Through the continuous collaboration in the future, we aim to provide more stable after-sales service to our customers.
About Fairy Devices Inc.
Company name: Fairy Devices Inc.
Founder & CEO: Masato Fujino
Headquarters: Yushima Urban Building 7F, 2-31-22, Yushima, Bunkyo-ku, Tokyo, Japan
Business description: Industrial solution for remote assistance and business intelligence based on VUI-equipped wearable devices, noise cancellation and speech-to-text technologies, VPA technology, cloud infrastructure, and machine learning technologies
- ※1VUI: Voice User Interface
- ※2VPA: Voice Personal Assistant
- Note: Information contained in the news release is valid at the time of publication and may differ from the most recently available information.