Neural Pocket

About Neural Pocket

Neural Group Inc., formerly Neural Pocket Inc., is an artificial intelligence engineering company that provides solutions using proprietary AI algorithms, image recognition, and edge computing technologies. Founded in 2018 by Roi Shigematsu, a former consultant at McKinsey & Company, the company initially focused on the fashion and apparel industry before expanding into other sectors. Shigematsu serves as the Founder and CEO. The company went public on August 20, 2020.

The firm's business model transitioned from being fee-based to a unit-based structure, focusing on selling AI as a service rather than just developing the technology. Neural Group offers a range of services that digitize and analyze physical spaces. These include smart city solutions for people flow analysis and crime prevention, signage advertising services that utilize AI-equipped cameras, and fashion trend analysis. Their products are used for smart advertising, store efficiency improvements, smart logistics, and demand prediction in industries such as retail, real estate, mobility, and infrastructure. Specific applications include AI-powered vacancy detection for parking lots, license plate recognition, and safety monitoring. They also offer "AI MD," a fashion trend database built on millions of images to help retailers optimize product launches and reduce inventory.

Headquartered in Tokyo, Japan, the company has expanded its operations with a branch in Singapore and a corporation in Bangkok, Thailand, as part of its goal to become a global AI company. Neural Group has received support and funding from investors including UTEC, Mirai Creation Fund, and SMBC Venture Capital.