KDDI Open Innovation Fund

company

About

KDDI Open Innovation Fund is a corporate venture capital fund

Details

Industries
Financial Services,FinTech
Founded date
Jul 1, 2000
Operating Status
Active
Investor Type
CVC

KDDI Open Innovation Fund is a corporate venture capital fund that will support promising startup companies. Total size of the fund is JPY10 billion. This is the first corporate venture capital fund established by KDDI.

The fund will be managed by Global Brain Corporation (Head office: Minato-ku, Tokyo; President and CEO, Yasuhiko Yurimoto), which has a strong track record in the venture capital business.

By combining KDDI’s know-how and assets with Global Brain’s investment and management support capabilities, we will work together to accelerate cooperative activities with promising startup companies. Through this fund, as well as "KDDI ∞ Labo," a startup incubation program currently inviting a second round of applications, we will continue to support the growth of the next startup companies.

Investments

Number of Investments
Number of Lead Investments
12
3
KDDI Open Innovation Fund has made 12 investments. Their most recent investment was on Feb 8, 2022, when Airmeet raised $35M.
Date Company Name
Round Money Raised Industry Lead Investor
Feb 8, 2022 Airmeet
Series B $35M Communities
Oct 11, 2021 UnaBiz
Series B $25M Internet of Things
Feb 9, 2021 Swift Navigation
Series C $50M Autonomous Vehicles
Feb 6, 2020 Hosty Japan
Series B ¥600M Real Estate
Aug 9, 2019 Lime
Series Unknown Last Mile Transportation Yes