Using Data to Create a More Convenient World natCo., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director: 劉 栄駿) has raised funds through a third-party allotment of new shares.

■Background and Purpose of This Capital Increase

nat Inc. was founded in May 2019 and is developing an iOS app called “Scanat "—an iOS app that utilizes the LiDAR sensors on the iPhone and iPad Pro to convert buildings and interior spaces into measurable 3D models. This funding round follows a resolution passed at an extraordinary general meeting of shareholders held on June 11, 2021, authorizing a third-party allotment of new shares to ISG Co., Ltd., a company with extensive experience in the construction industry.

We will use the funds raisedScanat will be used to hire engineers for the app’s ongoing development and to conduct pilot tests in the construction industry, among other initiatives, as we work toward completing the first version of the app.