Global Brain has made an additional investment in RUN.EDGE Limited (RUN.EDGE) which provides a video analysis platform for various sectors including sports and education, through its KDDI Open Innovation Fund III (KOIF III).

RUN.EDGE develops and provides platforms for different areas including "PITCHBASE" and "FL-UX" which are sports analysis SaaS applications based on its patented "video scene playback" technology to provide the world with new video experiences. "PITCHBASE," an application for baseball, has been adopted by more than 14 professional baseball teams in Japan (NPB) and the United States (MLB). "FL-UX," an application for soccer, basketball and other field sports, is used by more than 80 top professional and amateur clubs in Japan and overseas.

Since the last investment, RUN.EDGE has also started to provide solutions for fields other than sports. "TAGURU," an online education service is now being introduced to universities and elementary, junior high, and high schools. With this service, the company is creating a new form of education based on digitalization of education and active learning. Furthermore, introduction and trials in real estate, construction, and entertainment businesses are progressing. RUN.EDGE is providing value for users by facilitating utilization of video sources in various scenes and communication/collaboration among users and also supporting them in doing so.

Global Brain decided to make an additional investment in RUN.EDGE based on the company's advanced technological capabilities, especially the completeness of its core "video scene search and analysis" technology, and its progress in expanding its target market beyond sports, which was expected at the time of the previous investment. Global Brain will continue to support RUN.EDGE in achieving further business expansion.

About RUN.EDGE

Location
Shibuya-ku, Tokyo, Japan
Representative
Atushi Oguchi
Founded
April 2018
URL
https://fl-ux.run-edge.com/en (FL-UX website)

About KOIF III

Name
KDDI Open Innovation Fund III
General Partner
Global Brain Corporation
Fund Size
JPY 20 billion

About Global Brain

Location
Tokyo, Japan
Representative
Yasuhiko Yurimoto
Founded
January 1998
URL
https://globalbrains.com/