Innovation Network Corporation of Japan (INCJ), Mirai Creation Fund, and Sansei Capital invest in Oscar Technology

Investments were made by a syndicate including Innovation Network Corporation of Japan (Headquarters: Chiyoda, Tokyo; President: Mikihide Katsumata), an existing shareholder, and Mirai Creation Fund (Fund manager: Sparks Group Co., Ltd.) and Sansei Capital Co., Ltd. (Headquarters: Koto, Tokyo; President: Teruyasu Kawatsura), as new. Our CEO, Takahiko Ono, who is also an existing shareholder, is in the list as well. Total capital raised is 379.78 million yen, and investments were made in exchange for both common and preferred shares in the form of a third-party allocation.

Subsequently, our capital stock is 942.14 million yen and additional paid-in capital is 712.14 million yen. Total shares outstanding is 15,464.

The funds will be applied to research and development of OSCARTech® compiler, a leading automatic parallelization tool and our flagship product, to enhance parallel performance, extend language support, and improve user interface.

For more inquiries regarding this news release
Oscar Technology Corporation.
Sales Department: Ichiro Yanagiya
TEL: 03-5286-2160 FAX: 03-5286-2567