Global Brain partners with Yamato Holdings on its corporate venture capital fund, “KURONEKO Innovation Fund II”

Global Brain Corporation (Global Brain) and Yamato Holdings Co., Ltd. (Yamato Holdings) have jointly established “KURONEKO Innovation Fund II” (KIF II).

The “KURONEKO Innovation Fund” (fund size: JPY 5 billion, hereafter “KIF”) was established in April 2020 to create growth models in logistics and related markets and drive open innovation, investing in 14 Japanese and overseas startups with promising technologies and business models that demonstrate potential for collaboration with Yamato Holdings and its group companies (Yamato Group) and growth in their business fields. As KIF has reached its investment limit, we have established KIF II and increased the fund size to JPY 8 billion.

Similarly to KIF, KIF II will invest in Japanese and overseas startups with innovative technologies and business models that can transform logistics and supply chains, aiming to create growth models in logistics and related markets through offering Yamato Group’s management resources. KIF II will also pursue investments under the keywords of sustainability and transformation to achieve a sustainable future.

As the General Partner of KIF II, Global Brain will find promising startups, make investment decisions, and provide a wide range of support to startups which KIF II invests in, striving to achieve rapid growth of the rising startups and create growth models in logistics and related markets.