June 01, 2022
Global Brain has made an additional investment in YuaBread, Inc., a company providing commerce platform for local bakeries, as the lead investor
Global Brain has made an additional investment in YuaBread, Inc. (YuaBread), through its KDDI Regional Initiative Fund I (KRIF I) and KIRIN HEALTH INNOVATION FUND as the lead investor.
YuaBread solves local bakeries’ headaches such as manual operation, lack of sales channels expansion opportunity in local economy and food loss issue, through its unique refrigeration technology and DX. With the mission of “contributing to the regional economy by re-defining bread economy,” YuaBread connects consumers and local bakeries nationwide with their unique bread freezing technology, SaaS products for bakeries, and sales channel expansion strategy. In addition, YuaBread launched a new low carb bread brand "Mai Pan,” to respond to the rising needs of consumers who are becoming more conscious of health and wellness especially after COVID-19 crisis.
Global Brain has decided to additionally invest in YuaBread based on its high aspiration to “contribute to the local economy and create a new bread economy,” the rapid growth since the previous round, and high business expansion opportunity starting from “Mai Pan.” Through this investment, we will actively support YuaBread together with KDDI and KIRIN so that we can contribute to the further business expansion of YuaBread.
About YuaBread
- Location
- Kiryu City, Gunma, Japan
- Representative
- Kenta Yano
- Founded
- January 17, 2017
- URL
- https://panforyou.jp/ (Available only in Japanese)
About KRIF I
- Name
- KDDI Regional Initiative Fund I
- General Partner
- Global Brain Corporation
- Fund Size
- JPY 3 billion
About KIRIN HEALTH INNOVATION FUND
- Name
- KIRIN-GB Fund I L.P.
- General Partner
- Global Brain Corporation
- Fund Size
- JPY 5 billion
- Fund Term
- 10 years
About Global Brain
- Location
- Tokyo, Japan
- Representative
- Yasuhiko Yurimoto
- Founded
- January 1998