Morgenrot Secures 150 Million JPY in Funding from Mitsubishi HC Capital and SB C&S

Morgenrot Secures 150 Million JPY in Funding from Mitsubishi HC Capital and SB C&S

Morgenrot, a provider of infrastructure solutions for computing power supporting the generative AI era (Headquarters: Chiyoda-ku, Tokyo; CEO: Masamichi Nakamura), has raised 150 million JPY in the second close of its Series B round. The lead investors are Mitsubishi HC Capital (Headquarters: Chiyoda-ku, Tokyo; President and CEO: Daiki Kui) and SB C&S (Headquarters: Minato-ku, Tokyo; President and CEO: Kazuya Kusakawa). This brings the total funding for the Series B round to 1.25 billion JPY.

### Funding Overview - Round: Series B (Second Close) - Amount: 150 million JPY - Lead Investors: Mitsubishi HC Capital, SB C&S - Completion Date: April 30, 2026

### Strategic Rationale The investment is based on potential mutual growth through synergies.

- Mitsubishi HC Capital: A capital and business alliance aimed at building and providing computing infrastructure to meet diverse corporate needs, leveraging their extensive customer base, financial strength, and knowledge in renewable energy. - SB C&S: A capital and business alliance strengthening the distributor agreement signed in March 2026, leveraging their nationwide sales network and technical support to realize efficient computing infrastructure for the AI era.

### Background and Purpose As generative AI and large-scale simulations rapidly proliferate, demand for computing resource optimization is growing. Providing technical value to address customer pain points remains the company's highest priority.

### Future Roadmap and Use of Funds Funds will be allocated as follows: - Strengthening product and infrastructure development (updating existing functions, R&D in new areas) - Recruiting talent and enhancing organizational structure - Expanding sales channels through partners - Accelerating global expansion (expanding operations in North America, etc.)