Global Brain partners with Fukoku Mutual Life Insurance Company on its corporate venture capital fund, “FUKOKU -THE MUTUAL for Next 100 Fund L.P.”

Global Brain Corporation (Global Brain) and Fukoku Mutual Life Insurance Company (Fukoku Life) have jointly established “FUKOKU -THE MUTUAL for Next 100 Fund L.P.” (TMN100).

TMN100 is Fukoku Life's first corporate venture capital fund that invests in a wide range of promising startup companies without limiting the industry sectors. Through the establishment of TMN100, Fukoku Life, which will celebrate its 100th anniversary in November 2023, aims to further strengthen its framework for investing in startups that can become the next generation's growth engine, improve its profitability as an institutional investor, support startups in their development, and drive business partnerships and collaborations with startups.

As the General Partner of the Fund, Global Brain will find promising startups, make investment decisions, and provide a wide range of support to startups which “TMN100” invests in, striving to achieve rapid growth of the startups.