Press Release
Abies Ventures, Inc.
April 5, 2021

Abies Ventures announces its investment in Ultimatrust Co., Ltd.
Abies Ventures, Inc. (Head Office: Tokyo, Japan; Managing Partner: Fuyuki Yamaguchi;
hereafter, “Abies Ventures”) is pleased to announce that Abies Ventures Fund I, L.P. hasinvested in Ultimatrust Co., Ltd. (hereinafter, "Ultimatrust"), a company that develops andprovides centralized management and AI analysis platforms and solutions for data collectedfrom multiple locations, as a lead investor at its Series A round.

Abies Ventures is a Japan-based venture capital firm that aims to discover startups that contribute to
the further development of humanity and the creation of a sustainable society through the use ofadvanced science and engineering technology (deep tech), and to develop them into global companies.
Its focus areas include AI for industrial applications that require high accuracy and security, andcomputing technology that can cope with the increase in the data and computational load resulted fromthe spread of big data analysis and AI.
It is difficult to develop an information system that can centrally manage large amounts of data frommultiple locations and devices, such as surveillance cameras, and automatically analyze the data using
AI, with the high accuracy, reliability, and security required by large organizations, at a cost that iscommensurate with the effectiveness of the system. As a result, the adoption of such system by largeorganizations at their critical operations is still limited. Abies Ventures believes that Ultimatrust canchange this situation and has invested at its first external financing as the lead investor.
Ultimatrust is led by veteran engineers who have experience in building large-scale systems that
require a high level of reliability and security, such as mobile phone networks and large-scale ecommerce systems, as well as leading the development of Japan's first P2P VPN software. Ultimatrust
has in-house high-precision AI infrastructure technology, cloud edge computing technology, video
compression and transmission technology, and high-security communication network technology.
Based on these technologies, Ultimatrust has developed "Wisbrain", a platform that enables scalable
system development, and solutions to provide a centralized data management and AI analysis system
for multiple locations and devices that meets the needs of user companies at a competitive price.
Ultimatrust has already developed and operates large-scale AI analysis systems for various companies
and public institutions, including a large-scale system at an international airport that requires thehighest level of accuracy and security, as well as shopping centers and home improvement store
chains.
Wisbrain AI Analysis System

With this funding, Ultimatrust aims to expand its business in the surveillance camera analysis system
market, which has a market size of nearly JPY 1 trillion in Japan, by selling "Wisbrain AI Surveillance
Camera," which is capable of high security and highly accurate AI analysis, and "AI-SHOT," which iseasier to install, and by promoting a monthly subscription fee plan that reduces initial investment. Inaddition, Ultimatrust aims to increase the number of sales agents in order to strengthen its saleschannels.
■ About Abies Ventures
Business: Venture capital to support deep tech startup companies
Headquarters: Minato City, Tokyo, Japan
Representative: Fuyuki Yamaguchi, Managing Partner
URL: https://abies.vc/en■ About Ultimatrust
Business: Development and sales of AI image analysis platforms and solutions, and design,development and maintenance of large-scale systems
Headquarters: Chiyoda City, Tokyo, Japan
Representative: Iwao Ozawa, President and CEO
URL: https://ultimatrust.co.jp

Please direct all official enquiries regarding this press release to:
Fuyuki Yamaguchi, Abies Ventures, Inc.
Landwork Aoyama Building 2nd Floor, 2-7-26 Kita-aoyama, Minato-ku Tokyo 107-0061 Japan
E-mail: info@abies.vc