{"id":2442,"date":"2021-09-03T12:00:47","date_gmt":"2021-09-03T03:00:47","guid":{"rendered":"https:\/\/cinnamon.ai\/new-cinnamon\/news\/20210903-suntory"},"modified":"2024-01-12T16:09:51","modified_gmt":"2024-01-12T07:09:51","slug":"20210903-suntory","status":"publish","type":"news","link":"https:\/\/cinnamon.ai\/en\/news\/20210903-suntory\/","title":{"rendered":"Artificial intelligence technology startup Cinnamon AI raises funds from Suntory Holdings through third-party allotment of capital"},"content":{"rendered":"<p><span class=\"TextRun SCXW66091233 BCX0\" lang=\"JA-JP\" xml:lang=\"JA-JP\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW66091233 BCX0\">Our company<\/span><span class=\"NormalTextRun SCXW66091233 BCX0\">, Suntory Holdings Ltd.<\/span><span class=\"NormalTextRun SCXW66091233 BCX0\">of<\/span><\/span><span class=\"TextRun SCXW66091233 BCX0\" lang=\"JA-JP\" xml:lang=\"JA-JP\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW66091233 BCX0\">Capital increase through third party allotment to underwriter<\/span><span class=\"NormalTextRun SCXW66091233 BCX0\">We will carry out.<\/span><\/span><span class=\"TextRun SCXW66091233 BCX0\" lang=\"JA-JP\" xml:lang=\"JA-JP\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW66091233 BCX0\">Innovate your customers&#039; core operations<\/span><span class=\"NormalTextRun SCXW66091233 BCX0\">,<\/span><\/span><span class=\"TextRun SCXW66091233 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW66091233 BCX0\">DX<\/span><\/span><span class=\"TextRun SCXW66091233 BCX0\" lang=\"JA-JP\" xml:lang=\"JA-JP\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW66091233 BCX0\">aims to promote<\/span><span class=\"NormalTextRun SCXW66091233 BCX0\">death,<\/span><\/span><span class=\"TextRun SCXW66091233 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW66091233 BCX0\">A<\/span><span class=\"NormalTextRun SCXW66091233 BCX0\">I<\/span><\/span><span class=\"TextRun SCXW66091233 BCX0\" lang=\"JA-JP\" xml:lang=\"JA-JP\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW66091233 BCX0\">consulting<\/span><span class=\"NormalTextRun SCXW66091233 BCX0\">\u30fb<\/span><\/span><span class=\"TextRun SCXW66091233 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW66091233 BCX0\">AI products<\/span><\/span><span class=\"TextRun SCXW66091233 BCX0\" lang=\"JA-JP\" xml:lang=\"JA-JP\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW66091233 BCX0\">and continuously strengthen our organizational structure.<\/span><span class=\"NormalTextRun SCXW66091233 BCX0\">I will do it.<\/span><\/span><span class=\"EOP BookmarkEnd SCXW66091233 BCX0\" data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-1676\" src=\"https:\/\/cinnamon.ai\/new-cinnamon\/wp-uploads\/2021\/08\/suntory_logo.png\" alt=\"\" \/><\/p>\n<p><span data-contrast=\"auto\">Cinnamon AI&#039;s mission is to &quot;create a creative society together with AI&quot; by innovating the core business of our customers.<\/span><span data-contrast=\"auto\">DX<\/span><span data-contrast=\"auto\">We aim to promote AI consulting and AI products. Cinnamon AI has a track record of dealing with over 100 companies, mainly major domestic companies, and its strength is its ability to respond to a wide range of unstructured data utilization, which is the key to promoting DX. In the future, we will focus on the Harvest Loop (a loop-type business structure: architecture that automatically accumulates data and leads to sustainable business growth), which we advocate as the core of a company&#039;s growth strategy, and the &quot;Purpose&quot; of our client companies. By linking these, we will draw up an AI strategy design that gives our client companies a competitive advantage, and strengthen our ability to support the sustainable growth of our client companies.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Suntory Holdings is<\/span><span data-contrast=\"auto\">Promoting DX (Digital Transformation) and open innovation<\/span><span data-contrast=\"auto\">doing. In order to realize the company&#039;s goal of providing new value to customers and society, Cinnamon<\/span><span data-contrast=\"auto\">AI helps build harvest loops and implement purpose-driven AI growth strategies.<\/span><\/p>\n<p><span data-contrast=\"auto\">&lt;Comment from Suntory Holdings&gt;<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">At Suntory Holdings,<\/span><span data-contrast=\"none\">By strengthening investments and partnerships with promising startup companies, we aim to innovate in existing businesses and create new growth areas through the promotion of open innovation.<\/span><span data-contrast=\"auto\">Cinnamon&#039;s purpose-driven<\/span><span data-contrast=\"auto\">Our AI growth strategy and our desire to provide new value to our customers and society<\/span><span data-contrast=\"auto\">We decided to take an equity stake in the company because our ideas were aligned.<\/span><span data-contrast=\"none\">Together with Cinnamon, Suntory Group<\/span><span data-contrast=\"none\">DX<\/span><span data-contrast=\"none\">We aim to further accelerate this.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p>Suntory Holdings promotes DX (Digital Transformation) and open innovation. In order to realize the company&#039;s goal of providing new value to customers and society, Cinnamon AI will support the construction of a harvest loop and the implementation of a purpose-driven AI growth strategy. Specifically, we are accelerating DX to improve customer experience, improving SCM (Supply Chain Management) including improving demand forecasting accuracy, developing methods to improve customer experience and sales in online sales, and business process reform (BPR). -Engineering) and provide new value to customers and society.<\/p>\n<p><span data-contrast=\"auto\">[Suntory Holdings Limited Company Profile]<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Company name: Suntory Holdings Limited<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">URL:<\/span><a href=\"https:\/\/www.suntory.co.jp\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"auto\">https:\/\/www.suntory.co.jp\/<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/a><\/p>\n<p><span data-contrast=\"auto\">location:<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Head Office (Osaka Office): 2-1-40 Dojimahama, Kita-ku, Osaka<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Suntory World Headquarters: 2-3-3 Daiba, Minato-ku, Tokyo<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Established:<\/span><span data-contrast=\"auto\">2009<\/span><span data-contrast=\"auto\">February\u00a0<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Representative: Takeshi Niinami, Representative Director and President<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">[Cinnamon Co., Ltd. Company Profile]<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Company name: Cinnamon Co., Ltd.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">URL:<a href=\"https:\/\/cinnamon.is\/\" target=\"_blank\" rel=\"noopener\">https:\/\/cinnamon.is\/<\/a><\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Address: 6th floor, Spirit Building, 3-19-13 Toranomon, Minato-ku, Tokyo<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Established: October 2016<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Representative: Mirai Hirano, Representative Director, President and CEO<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Recruitment page (please see here for available positions and how to apply):<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><a href=\"http:\/\/cinnamon.is\/recruiting\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"auto\">http:\/\/cinnamon.is\/recruiting\/<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/a><\/p>\n<p><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">\u25a0Business content: Artificial intelligence consulting business<\/span><span data-contrast=\"auto\">, artificial intelligence product business\u00a0<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Cinnamon AI&#039;s mission is to &quot;create a world full of creativity, together with AI,&quot; and develop advanced business AI solutions.<\/span><span data-contrast=\"auto\">We have a track record of providing services to many major domestic companies. In addition, we have established artificial intelligence laboratories in Vietnam (Hanoi and Ho Chi Minh City) and Taiwan, and have succeeded in recruiting a large number of AI engineers. Recently, in addition to the AI OCR &quot;Flax Scanner,&quot; we have begun commercializing the specialized voice recognition technology &quot;Rossa Voice,&quot; and have begun selling it mainly to major companies. In addition, Cinnamon AI has many advanced AI algorithms based on three unique research areas: \u201cDigitize,\u201d \u201cStructure,\u201d and \u201cUnderstand.\u201d We are continuously developing business AI solutions that utilize unstructured data.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>We will be issuing a third-party allotment of new shares to Suntory Holdings Limited. We aim to innovate our clients&#039; core business operations and promote digital transformation, and will continue to strengthen our AI consulting, AI products, and organizational structure. Synchro [\u2026]<\/p>","protected":false},"template":"","news-cat":[27],"news-tag":[],"class_list":["post-2442","news","type-news","status-publish","hentry","news-cat-press"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cinnamon.ai\/en\/wp-json\/wp\/v2\/news\/2442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cinnamon.ai\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/cinnamon.ai\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:attachment":[{"href":"https:\/\/cinnamon.ai\/en\/wp-json\/wp\/v2\/media?parent=2442"}],"wp:term":[{"taxonomy":"news-cat","embeddable":true,"href":"https:\/\/cinnamon.ai\/en\/wp-json\/wp\/v2\/news-cat?post=2442"},{"taxonomy":"news-tag","embeddable":true,"href":"https:\/\/cinnamon.ai\/en\/wp-json\/wp\/v2\/news-tag?post=2442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}