Mitsui Fudosan
We manage Mitsui Fudosan &Innovation Fund and Mitsui Fudosan &Frontier Fund that aim to achieve strategic returns with the primary focus on business co-creation in addition to 31VENTURES Global Innovation Funds and 31VENTURES – Global Brain – Growth I GK, the latter of which mainly targets growth-stage startups, etc.
Mitsui Fudosan &Innovation Fund
- Fund size
- JPY 15B
- Term
- 10 years
- General partner
- Global Brain Corporation
- Target
- Solving labor shortage, various types of automation, reducing construction costs, omnichannel, IP business, etc.
- Objective
- Mitsui Fudosan &Innovation Fund supports startups financially in areas that will lead to Mitsui Fudosan’s core business growth and new asset class exploration and also helps them drive business growth through co-creation with Mitsui Fudosan.
Mitsui Fudosan &Frontier Fund
- Fund size
- JPY 5B
- Term
- 15 years
- General partner
- Global Brain Corporation
- Target
- Energy, next-generation mobility, space technology, etc.
- Objective
- Mitsui Fudosan &Frontier Fund supports startups financially in areas with growth potential through long-term support, aiming to foster new business opportunities through co-creation with Mitsui Fudosan.
31VENTURES Global Innovation Fund II L.P.
- Fund size
- JPY 8.5B
- Term
- 10 years
- General partner
- Global Brain Corporation
- Target
- Early to middle stage startups, etc.
- Objective
- The fund mainly examines startups that strengthen Real Estate as a Service, DX, and Smart City, and startups that create businesses that differ from Mitsui Fudosan’s existing business domains.
- Feature
- It focuses on 15 categories including newly-added mobility (MaaS, autonomous driving, fleet management, etc.), space, food (FoodTech), agriculture (AgriTech), entertainment, etc. in view of expanding Mitsui Fudosan’s business domains.
31VENTURES – Global Brain – Growth I GK
- Fund size
- JPY 30B
- Term
- 10 years
- General partner
- Mitsui Fudosan Co., Ltd. and Global Brain Corporation
- Target
- Growth-stage startups, etc.
- Objective
- It plans to invest in billions of yen mainly in growth-stage startups with established profit models in various categories that can leverage/collaborate with Mitsui Fudosan’s assets and resources such as PropTech, IoT, cyber security, e-commerce, FinTech, robotics, AI, and environment/energy.
- Feature
- After deciding joint investments, Global Brain and Mitsui Fudosan work together to comprehensively support portfolio startups in business expansion and collaboration.
31VENTURES Global Innovation Fund I L.P.
- Fund size
- JPY 5B
- Term
- 10 years (tentative)
- General partner
- Mitsui Fudosan Co., Ltd. and Global Brain Corporation