Scalar, Inc. announced that it has raised ¥1.5 billion in a round of funding co-led by returning investor, Mitsui Sumitomo Insurance Venture Capital Co., Ltd. and new investor, Miraitronc, Inc. on October 4, 2022. The transaction also included participation from other returning investor, D4V LLC, Okachi Securities Co. , Ltd., Investment Arm, Mirai Creation Fund III, a fund managed by SPARX Group Co., Ltd., Deepcore Tokyo II Investment L.P., a fund managed by Deepcore Inc., ID Holdings Corporation, Mitsubishi UFJ Capital VIII, Limited Partnership, a fund managed by Mitsubishi UFJ Capital Co., Ltd. The company raised funding through a third-party allotment.