May 15, 2019
Global Brain, a general partner of KDDI Open Innovation Fund II (KOIF), announces its follow-on investment in Mad Street Den, an innovative AI x RetailTech startup
Global Brain Corporation (GB) has made a follow-on investment in Mad Street Den Inc (Mad Street Den, CEO: Ashwini Asokan), a California- and India- based company through its KDDI Open Innovation Fund II (KOIF).
Mad Street Den provides “Vue.ai” which is a one-stop AI and image recognition platform for apparel retailers. Vue.ai offers such products as data classification and catalog data management. Its marquee product is a cutting-edge human model generator which is an AI-based product generating garment-to-model images, predicting how the garment fits. Vue.ai's algorithms also analyze the extracted catalog data with user behavior and help the retailers' marketing/product/cataloging teams to drive conversions and to increase revenues, as well as to automate their processes and reduce costs.
Together with KDDI, GB will continue to support the company in building alliances and partnership to expand their business, especially in the Japanese and Asian market.
About Mad Street Den
- Company
- Name Mad Street Den Inc
- Founded
- August 2013
- Location
- California, United States Chennai, India
- Representatives / Founders
- Ashwini Asokan, CEO & Anand Chandrasekaran, CTO
About KOIF
- Name
- KDDI Open Innovation Fund II
- General Partner
- Global Brain Corporation
- Fund Size
- 5 Billion JPY
About Global Brain
- Founded
- January 1998
- Location
- Shibuya-ku, Tokyo, Japan
- Representative
- Yasuhiko Yurimoto, President & CEO
- Business
- Venture Capital