Post by AI World
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In Japan, AI investment is overspecialised in one sector only: retail. Construction, utilities, and pharmaceuticals are all below the specialisation threshold. It is in this void that mign, Inc. moves. Construction compliance is one of the most knowledge-intensive bottlenecks in the construction sector. McKinsey and the World Economic Forum classify construction trades among the roles most affected by the shortage of specialised labour in the EU, exacerbated by the retirement of experienced professionals. mign, Inc. (Tokyo, 2022) has just closed a Pre-Series A round of funding totalling ¥230M (~$1.5M), led by Angel Bridge株式会社, with Chiba Dojo Fund, SAMURAI INCUBATE INC. and Animal Spirits also participating. CEO Masahiro Taima has a PhD in Urban Engineering from the University of Tokyo - an expert in the field, not a generic "AI-first" founder. The product is an agentic vertical platform for real estate and construction: it automates code reviews of architectural drawings, compiles the applicable regulatory framework for a site and assists with visualisations. Congrats to the entire mign, Inc. team, including: Masahiro Taima, James Vargo et al. Permit-tech is probably one of the most indicative stories of the year. Where do you see the most significant sectoral gaps in AI capital allocation in Europe?