Tier IV, Inc. announced that it expects to receive funding
July 02, 2019
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Tier IV, Inc. announced that it will receive funds in a round of funding on July 3, 2019.
On the same date, the company has received $100 million funding led by Sompo Japan Nipponkoa Insurance Inc. in its first tranche closing. The transaction also included participation from returning investors JAFCO Co., Ltd. (TSE:8595), KDDI Corporation (TSE:9433), Yamaha Motor Co., Ltd. (TSE:7272), and Aisan Technology Co., Ltd. (JASDAQ:4667).
AISAN TECHNOLOGY CO., LTD. is a Japan-based company principally engaged in the development and distribution of surveying software and the surveying business with high precision three-dimensional system (MMS). The Company operates in three business segments. The Surveying Solution segment provides surveying civil-related software and maintenance services, surveying instruments and other related hardware. The G Space Solution segment provides MMS surveying equipment and related products, three-dimensional (3D) surveying and analysis service, high precision three dimensional map database creation contracting business, 3D point cloud processing tool, satellite positioning related services, as well as related hardware products. The New Business segment is mainly involved in the business related to automated driving.
AISAN TECHNOLOGY CO.,LTD. 
