Chugoku Electric Power (EnerGia, Headquarters: Hiroshima City, Hiroshima Pref.) announced on January 14, 2021 that it has invested in Live Smart KK (Live Smart, Headquarters: Tokyo), a venture company established in 2016 that provides smart home devices and service platforms based on Artificial Intelligence (AI) and Internet of Things (IoT) to support customers’ convenient and comfortable living. The investment amount has not been disclosed. This is the fifth time that EnerGia has invested in a start-up company.
A smart remote controller developed by Live Smart can control a wide variety of home appliances and equipment. Through EnerGia’s IoT platform, the controller can provide users with various AI-powered energy management services, such as setting individualized preferences for air conditioners.
Smartphones and smart speakers have become essential devices for many people, and the smart home market is expected to grow in the future. EnerGia sees this growth as an opportunity for Live Smart’s service platform, which can improve user’s lives and energy efficiency, to grow significantly in the future. Therefore, the company decided to invest in Live Smart and will consider future collaborations.[1]