Notice Regarding Strategic Business Alliance with Pegasus Tech Ventures, Inc. and Joint Promotion of Strategic Investment Activities
Accelerating Business Creation and Global Expansion in the “HCPS Cybernics with Physical AI” Domain through Collaboration with a Silicon Valley Innovation Network

CYBERDYNE Inc. (“CYBERDYNE” or the “Company”) hereby announces that it has entered into a strategic business alliance with Pegasus Tech Ventures, Inc., a global venture capital firm headquartered in Silicon Valley, USA (Founder and CEO: Dr. Md Anis Uzzaman; hereinafter “Pegasus”). In conjunction with this alliance, the Company and Pegasus have established an investment fund and will jointly promote strategic investment activities.
This initiative forms part of CYBERDYNE’s growth strategy to create global business opportunities in the field of “HCPS Cybernics with Physical AI” and to accelerate the development of the Cybernics industry.

1.　Background and Purpose of the Alliance
CYBERDYNE is committed to realizing a well-being-oriented future society, the “Techno-Peer Support Society,” in which humans and technology coexist and support one another, enhancing the independence and freedom of all individuals. At the same time, the Company is driving the creation of the Cybernics industry as a new core industry following the robotics and IT industries.
Alongside the rapid advancement of generative AI, global interest is increasing in Physical AI, where AI controls and interacts with robots and physical systems in the real world. Against this backdrop, CYBERDYNE is advancing the social implementation of “HCPS Cybernics with Physical AI,” which fuses bio-level human systems and medical systems with AI, robotics, and information systems across Human-Cyber-Physical Space (HCPS). This human-centered approach is being deployed across a broad range of applications, including medical and healthcare fields.
Pegasus operates a global innovation platform connecting promising startups and leading enterprises worldwide from its Silicon Valley base, supported by a strong investment track record and extensive global network.
Through this alliance, CYBERDYNE will strengthen its access to promising startups, advanced technologies, and innovation ecosystems around the world through Pegasus. The Company will further promote technology development and business co-creation in the “HCPS Cybernics with Physical AI” domain, creating new business opportunities and expanding its global presence, thereby enhancing corporate value over the medium to long term.

2.　Overview of the Fund
(1) Name
PEGASUS TECH VENTURES COMPANY XXXIII, L.P.
(2) Address
2680 North 1st Street, Suite 250, San Jose, CA 95134, USA
(3) Legal Structure
Limited Partnership organized under the laws of the State of Delaware
(4) Investment Objective
To invest in startups and other growth-oriented companies worldwide that contribute to the creation and advancement of the Cybernics industry, including the “HCPS Cybernics with Physical AI” domain.
(5) Establishment Date
March 30, 2026
(6) Fund Size
US$60 million (approximately JPY 10 billion), capital call structure
(7) Investors and Ownership Interests
CYBERDYNE Inc.: 99.9% (Limited Partner)
PEGASUS TECH VENTURES MANAGEMENT XXXIII, LLC: 0.1% (General Partner)
(8) Investment Period
Ten years commencing June 1, 2026
(9) General Partner
Name: PEGASUS TECH VENTURES MANAGEMENT XXXIII, LLC
Address: 2680 North 1st Street, Suite 250, San Jose, CA 95134, USA
Representative: Dr. Md Anis Uzzaman
Business: Venture Capital Management
(10) Relationship Between CYBERDYNE and the Fund
Relationship between CYBERDYNE and the Fund: CYBERDYNE will invest in the Fund as a Limited Partner.
Relationship between CYBERDYNE and the General Partner: There are no matters requiring disclosure.

3.　Outlook
The impact of this matter on the Company’s consolidated financial results is currently under review. Should any matters requiring disclosure arise in the future, the Company will promptly announce them.

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