Morgenrot Completes JPY 100 Million Funding Round from Sumitomo Mitsui Trust Bank

— Total Series B Funding Reaches JPY 1.35 Billion —

Morgenrot Inc. (Headquarters: Chiyoda-ku, Tokyo; President & CEO: Masamichi Nakamura; hereinafter "Morgenrot"), a provider of computing power infrastructure solutions supporting the generative AI era, today announced that it has raised JPY 100 million in an extension of its Series B round, with Sumitomo Mitsui Trust Bank, Limited (Headquarters: Chiyoda-ku, Tokyo; President: Manatomo Yoneyama; hereinafter "Sumitomo Mitsui Trust Bank") as the sole investor. This brings the cumulative total raised in the Series B round to JPY 1.35 billion.

Overview of the Financing

• Round: Series B (Extension Round)

• Amount raised: JPY 100 million

• Investor: Sumitomo Mitsui Trust Bank

• Closing date: July 15, 2026

Use of Proceeds

The funds raised will be allocated primarily to the following:

Strengthening Product and Platform Development

• Feature updates to existing products

• Planning, development, and delivery of new products

• Accelerating R&D in new domains (e.g., energy management)

Talent Acquisition and Organizational Structure

• Accelerating recruitment of engineers, R&D specialists, and business talent

• Expanding sales channels through partner collaboration

Accelerating Global Expansion

• Accelerating overseas business expansion by strengthening operations in North America and other regions

As more companies expand their adoption and use of AI, they are also facing an unprecedented range of challenges within their organizations, including mismatches between the supply and demand for computing resources, rising costs, security and information leakage risks, chronic talent shortages, and inadequate governance, all of which call for fundamental transformation through new digital solutions. Morgenrot will accelerate the development and provision of AI computing infrastructure to address these challenges.

Investor Comments

Sumitomo Mitsui Trust Bank, Limited

Head of Equity Investment

Kazuya Yoneda

We are delighted to support Morgenrot Inc.’s endeavors through this investment. The company is developing software that enables sophisticated computation by efficiently utilizing computing resources such as GPUs. As demand for AI continues to grow, building optimized computing infrastructure has become an important societal challenge, and we are confident that Morgenrot’s technology will contribute significantly to solving it. Starting from the challenges faced by our clients and industries, Sumitomo Mitsui Trust Bank leverages our investment and lending expertise to create investment and lending opportunities that contribute to a sustainable society. In particular, we are focusing on strengthening our efforts in the real asset domain*1, which is directly linked to solving societal challenges and creating social value, and will continue to work alongside companies to address the challenges involved in their growth and transformation.

*1 An investment and lending domain covering social and industrial infrastructure such as energy, real estate, ships, and aircraft.

Comment from Morgenrot's CEO

Masamichi Nakamura

President & CEO

We are pleased to announce that we have received an investment from Sumitomo Mitsui Trust Bank. We are deeply grateful that Sumitomo Mitsui Trust Bank has recognized the social importance and industrial value of our AI computing infrastructure business. We will continue to strengthen our technology development and organizational structure, and our entire team is committed to providing solutions that deliver value to as many companies as possible.

About Morgenrot

Morgenrot is a Japan-based startup with the mission of “realizing a world where anyone can access as much computing power as they need, when they need it.” The company aims to provide optimal computing environments by visualizing, managing, and optimizing enterprises’ computing resources and enabling the sharing of computing power. Demand for computing power to drive innovation is rapidly increasing among enterprises and research institutions, and shortages of such resources are expected to become even more acute in the future. Morgenrot addresses this challenge by enabling organizations to manage their computing resources appropriately and by establishing a sharing-economy model for computing power.