October 07, 2024

Global Brain continues to partner with Sony Financial Ventures on its corporate venture capital fund, “SFV・GB II L.P.”

Global Brain Corporation (Global Brain) and Sony Financial Ventures Inc. (Sony Financial Ventures) have jointly established “SFV・GB II L.P.” (SFV・GB II).

The “SFV・GB L.P.” (fund size: JPY 5 billion, hereafter “SFV・GB”) was established in 2018 to make strategic investments into promising Fintech startups across the world which have the potential of collaborating with business units of Sony Financial Group and also startups which can potentially lead to new business development in Sony Financial Group. SFV・GB invested in 20 startups in Japan, Europe, North America, etc. in Fintech, Insurtech, healthcare, AI, mobility, and other fields. Through the activities of SFV・GB, we have established business collaborations between startups and Sony Financial Group, while also exploring new business models and technology for the future.

To enhance our initiatives, we established SFV・GB II as the succeeding fund of SFV・GB. We will further accelerate our open innovation with startups, leveraging the broad knowledge of the financial businesses of Sony Financial Group.

As the General Partner of SFV・GB II, Global Brain will find promising startups, make investment decisions, and provide a wide range of support to startups which the fund invests in, striving to achieve rapid growth of the startups.

About Sony Financial Ventures

Name
Sony Financial Ventures Inc.
Location
Chiyoda-ku, Tokyo, Japan
Representative
Toshihide Endo
Founded
July 2018
Common Stock
JPY 10 million

About SFV・GB II

Name
SFV・GB II L.P.
Fund Size
JPY 5 billion
Fund Term
10 Years
General Partner
Global Brain Corporation
Limited Partner
Sony Financial Ventures Inc.

About Global Brain

Location
Tokyo, Japan
Representative
Yasuhiko Yurimoto
Founded
January 1998
URL
https://globalbrains.com/