The company raised funds through a joint loan arrangement between Kobe Shinkin Bank and the Japan Finance Corporation, with Kobe University Innovation Co., Ltd. (KUI) acting as intermediary.
Wind observation requires initial investment, including for observation equipment, as well as operating capital. The framework implemented through this procurement will enable the procurement of funds, and will enable Relatec to build a stable implementation structure for its wind observation business from a financial perspective.
In addition, KUI's investment in ReraTech was made with the aim of utilizing the technological know-how accumulated at Kobe University to effectively give back to society through private business, enabling ReraTech to provide even higher quality consulting services.
For more details, please see the press release.