Tokyo, February 20, 2026 – TIER IV, the pioneering force behind open-source software for autonomous driving, has finalized a loan agreement totaling US$13 million (¥2 billion) with MUFG Bank. This financing is designed to bolster the company’s financial agility and support its long-term strategic goals. The package is split into two parts: a US$6.5 million (¥1 billion) overdraft facility to ensure flexible working capital, and a US$6.5 million (¥1 billion) long-term loan dedicated to strengthening the company’s business infrastructure. TIER IV will use this investment to accelerate the deployment of autonomous driving.
The agreement reflects MUFG Bank’s recognition of TIER IV’s proven track record, its long-term roadmap, and its commercial potential. With this capital, TIER IV is positioned to establish a stable financial foundation, drive growth and maintain its competitive edge in the global market.
This financing reinforces TIER IV’s goal to scale autonomous driving technology through open-source innovation, providing a foundation for safer and more sustainable transportation.
About TIER IV
TIER IV stands at the forefront of deep tech innovation, pioneering Autoware, open-source software for autonomous driving. With a comprehensive suite of platforms and services built around Autoware, TIER IV provides everything from software development and vehicle procurement to operational support. Through the Autoware ecosystem, TIER IV works with partners worldwide to shape the future of intelligent vehicles with open-source software, aiming to create mobility that is safer, more sustainable, and accessible to all.
Autoware is a registered trademark of the Autoware Foundation.
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