AI inside, Inc. announced that it has entered into an agreement for a private placement of 58 common shares with new investor, Recomm Co., Ltd. at ¥586,206.896552 per share for gross proceeds of ¥34,000,000.000016 on April 18, 2016. The investor will subscribe shares through third party allocation method. As part of the round, the investor will acquire a total of 2.66% stake in the company.

The transaction will close on April 28, 2016. The board of directors of the investor approved the transaction.