Panasonic Decides to Invest in R8 Technologies OÜ, a growing tech company in Estonia, through the Panasonic Kurashi Visionary Fund

Tokyo, Japan – Panasonic Corporation (Head office: Minato-ku, Tokyo; President & CEO: Masahiro Shinada; hereinafter referred to as Panasonic) today announced that it has decided to invest in R8 Technologies OÜ (Head office: Estonia, CEO: Siim Täkker; hereinafter referred to as R8tech), a company that offers human-centric AI-powered solution R8 Digital Operator Jenny, a technical assistant utilizing cloud technology to achieve global real estate climate neutrality, through a corporate venture capital fund, commonly known as the Panasonic Kurashi Visionary Fund, jointly managed by Panasonic and SBI Investment Co., Ltd. The fund has invested in four companies since its establishment in July of last year, and this marks its first investment in a growing European tech company.