Global Brain has invested in New Innovations Inc. (New Innovations), a provider of online-merge-offline (OMO) solutions, through its GB-VIII Growth Fund Investment Limited Partnership (GB-VIII), KDDI Open Innovation Fund III (KOIF III), and 31VENTURES Global Innovation Fund II (31VENTURES II) as the lead investor. New Innovations is a startup that provides enterprise-quality automation and OMO solutions in a very short period of time by leveraging its technological capabilities and developing hardware and software in-house. New Innovations solves problems in the food and beverage, retail industries, etc. by offering quick services from strategy formulation to PoC using prototypes for mass production. In addition to its AI café robots "root C" placed in the Tokyo metropolitan area and Kinki region, New Innovations has provided Blue Bottle Coffee Japan LLC with an order and pickup locker solution for non-face-to-face cafés and a luxury brand with a smart showcase solution. Through this financing, New Innovations plans to strengthen sales and development of existing solutions as well as develop new solutions for the food and beverage, retail, and other industries. Global Brain has decided to invest in New Innovations based on the company's planning, marketing, design, prototype improvement, and mass production capabilities, as well as its proven track record. Global Brain will continue to support New Innovations' growth in various aspects, including sales, organizational design, and recruitment.

About New Innovations

Location: Koto-ku, Tokyo, Japan
Representative: Keito Nakao
Founded: January 2018
URL: https://newinov.com/
(Available only in Japanese)

About GB-VIII

Name: GB-VIII Growth Fund Investment Limited Partnership
General Partner: Global Brain Corporation

About KOIF III

Name: KDDI Open Innovation Fund III
General Partner: Global Brain Corporation
Fund Size: JPY 20 billion

About 31VENTURES II

Name: 31VENTURES Global Innovation Fund II
General Partner: Global Brain Corporation
Fund Size: JPY 8.5 billion

About Global Brain

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

Global Brain has invested in New Innovations Inc., a provider of OMO solutions, as the lead investor