Innovation Kyoto 2016 Investment Limited Partnership (hereinafter "KYOTO-iCAP Fund No.1"), whose general partner is Kyoto University Innovation Capital Co., Ltd (hereinafter "KYOTO- iCAP") (Headquarters : Sakyo-ku, Kyoto; President & CEO: Ko Kusumi), has completed the transfer of a portion of its shareholding in LegalOn Technologies, Inc. (hereinafter "LegalOn") (Headquarters: Shibuya-ku, Tokyo; Representative Director: Nozomu Tsunoda).

LegalOn is a legal tech startup founded by lawyers from major law firms and an engineering team with a background in information processing engineering, in collaboration with Professor Shinsuke Mori (Kyoto University Academic Center for Computing and Media Studies/ Graduate School of Informatics, Intelligence Science and Technology Course) who possesses extensive expertise and a proven track record in natural language processing technology. KYOTO-iCAP has supported LegalOn since its establishment in 2017, having completed three rounds of investments to date.

In connection with LegalOn Technologies' execution of the Series E funding round, KYOTO-iCAP has agreed to transfer a portion of its shareholding to LegalOn for the purpose of optimizing the company's shareholder structure. Following this transaction, Kyoto-iCAP will continue as a shareholder to support LegalOn' growth and provide ongoing assistance.

 

Company Profile of LegalOn Technologies, Inc.
Established: April 21, 2017
Business activities: Development, operation, and maintenance of software related to legal services
Headquarters: Shibuya-ku, Tokyo
Representative Director: Nozomu Tsunoda
URL: https://legalontech.jp/

About Kyoto University Innovation Capital Co., Ltd.
As a wholly-owned subsidiary of Kyoto University, KYOTO-iCAP provides investment and other business support to companies that utilize research results generated by Kyoto University and other national universities. We currently operate the KYOTO-iCAP No. 1 Fund (established in January 2016) with a total value of 16 billion yen and the Innovation Kyoto 2021 Investment Limited Partnership ("KYOTO-iCAP No. 2 Fund") (established in January 2021) with a total value of 18.1 billion yen. The No. 1 Fund has a maturity of up to 20 years, and the No. 2 Fund has a maturity of up to 17 years, making it possible to provide long-term support for the practical application of research results from Kyoto University, which has strengths in basic research. In addition, a portion of the funds in the No. 2 Fund will be invested in ventures originating from national universities other than Kyoto University.

Contact information for inquiries
Kyoto University Innovation Capital, Co. Ltd.
36-1 Yoshida Honmachi, Sakyo-ku, Kyoto 606-8317, Japan
Osami Kono, Senior Officer, Business Development Department
TEL: 075-753-7588 FAX: 075-753-7592
E-mail: info@kyoto-unicap.co.jp