Global Brain has invested in Synamon Inc., a provider of the virtual business platform “NEUTRANS BIZ”, through its KDDI Open Innovation Fund III(KOIF) and 31VENTURES Global Innovation Fund I (31VENTURES) . This is the second investment from KOIF and 31VENTURES. Synamon is a tech company using XR technology such as VR and AR in service and developments. The company-developed “NEUTRANS BIZ” enables a number of people to access the same virtual space and communicate or share experiences in real-time, providing a new and different value from online meetings. The service is used in various scenes such as meetings, trainings, events, exhibitions, and showrooms. The new funding will further advance the product to fulfil specific needs and demands in each industry, by partnering with expert companies in each field. In the midst of COVID-19 and the increasing demand for VR/AR technology in business, Global Brain has decided to invest in Synamon, recognizing “NEUTRANS BIZ”’s potential to further grow and spread, as well as Synamon’s high consulting and technology abilities to precisely respond to company needs. Global Brain is thrilled to support Synamon in many aspects, including business development and intellectual property strategy, aiming for a further growth. ## About Synamon

Location: Tokyo, Japan

Representative: Wataru Takehi

Founded: August 2016

URL: https://synamon.jp/

## About KOIF III

Name: KDDI Open Innovation Fund III

General Partner: Global Brain Corporation

Fund Size: 20 Billion JPY

## About 31VENTURES

Name: 31VENTURES Global Innovation Fund I

General Partner: Global Brain Corporation

Fund Size: 5 Billion JPY

## About Global Brain

Location: Tokyo, Japan

Representative: Yasuhiko Yurimoto

Founded: January, 1998

URL: https://globalbrains.com/