Global Brain has established “GB-Ⅴ Growth Fund Investment Limited Partnership” which aims to create and nurture innovative Japanese IT ventures that will lead the global market

Global Brain Corporation ((Headquarters: Minato-ku, Tokyo; President & CEO: Yasuhiko Yurimoto), has established “GB-Ⅴ Growth Fund Investment Limited Partnership” (Total operational amount: Approx. 15 billion yen; hereinafter “this fund”), which aims to create and nurture innovative Japanese IT ventures that will lead the global market.

In the operation of this fund, Global Brain will leverage our strategic sourcing abilities grounded in a thorough understanding and analytic ability of IT trends combined with the solid hands-on abilities of our team from a diversity of backgrounds, in order to support the significant growth and globalization of promising venture companies. Moreover, through this fund, Global Brain will form strategic alliances with major corporations based on their corporate venture capital performance for the ongoing construction of innovative infrastructure. Finally, this fund will collaborate with Global Brain’s flagship fund currently under operation, “KDDI Open Innovation Fund”, establishing joint investments, etc., which will contribute to KDDI’s 3M strategy as well as proactively pursuing synergies of both funds.

In addition to capital, this fund will enable promising venture companies to implement innovative growth strategies through utilizing the innovation infrastructure formed by alliances between KDDI, nifty and other major corporations, as well as GB’s management support program (bizdev support, promotional support, sales support, overseas penetration support, hiring support, IPO support, etc.).

Overview of GB-Ⅴ Growth Fund Investment Limited Partnership

Name

GB-Ⅴ Growth Fund Investment Limited Partnership

Governing law

Limited Partnership Act for Investment (Act No. 90 of 1998)

General Partner

Global Brain Corporation

Major Limited partner

Innovation Network Corporation of Japan (10 bill yen)

Operation amount

Approx.15 billion yen

Operational duration

Until December 31, 2023 (However may be extended)

Overview of Innovation Network Corporation of Japan

Company name

Innovation Network Corporation of Japan

Establishment

July 2009

Address

1-4 1-chome, Marunouchi, Chiyoda-ku, Tokyo

Founded

February, 2012

President & CEO:

Kimikazu Noumi