Global Brain has invested in BALLAS, Inc. (BALLAS), a company providing a supply chain platform for construction materials, through its JGC MIRAI Innovation Fund L.P. (JGC MIRAI Innovation Fund). Construction demand in Japan has grown by approximately 140% over the past decade, driven by the demand for development and renewal of data centers and logistics facilities. On the other hand, the number of supply-side production factories has decreased by approximately 40% due to a shrinking working-age population and business succession challenges—all while construction costs have surged by approximately 30% during the same period. These factors underscore the urgent necessity of revamping the supply chain in the Japanese construction industry. In a massive market worth JPY 70 trillion in Japan and USD 13 trillion globally, BALLAS operates a unique business model that integrates fragmented supply chain data to connect construction companies and production factories. Through its supply chain platform BALLAS, BALLAS provides an end-to-end solution—from design and development to manufacturing and sales—for construction materials used in data centers, logistics facilities, plants and factories, office buildings, and commercial complexes. Global Brain has decided to invest in BALLAS, highly recognizing its strong leadership and growth potential in leveraging its deep expertise and technology to drive transformation and solve the challenges of a fragmented supply chain in the massive construction market. In collaboration with the JGC Group, Global Brain will support BALLAS’s further business growth. Note: Global Brain announced its investment in BALLAS through its GB-VIII Growth Fund Investment Limited Partnership in March 2023.
https://globalbrains.com/en/posts/invested-in-ballas

About BALLAS

Location: Chuo-ku, Tokyo, Japan
Representative: Shono Kimura
Founded: February 1, 2022
URL: https://www.ballas.biz/
(Available only in Japanese)

About JGC MIRAI Innovation Fund

Name: JGC MIRAI Innovation Fund L.P.
General Partner: Global Brain Corporation
Fund Size: JPY 5 billion

About Global Brain

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

Global Brain has invested in BALLAS, Inc., a company providing a supply chain platform for construction materials