June 01, 2021
Global Brain has invested in Qlue, a comprehensive smart city provider in Indonesia
Global Brain has invested in Qlue, a comprehensive smart city provider in Indonesia, through its KDDI Open Innovation Fund III (KOIF III).
Indonesia is experiencing rapid economic growth backed by its vast land and the world's fourth-largest population. However, the country is still facing challenges such as frequent disasters and illegal activities due to underdeveloped urban infrastructure.
For this issue, Qlue provides a smart city platform that enables one-stop centralized control of the detection, analysis, and solution of urban problems through advanced technologies such as AI and IoT. Qlue's products, which provide a comprehensive approach to various issues, contribute to enhancing urban functions across Indonesia through collaboration with many local governments, ministries, and private companies, including the capital city of Jakarta.
Global Brain decided to invest in Qlue, thinking highly of its deep insight into the smart city, strong passion for ambitious goals, and outstanding technology-driven products. Global Brain will proactively leverage its resources to support Qlue to improve its products further and contribute to the development of the smart cities in Indonesia and Southeast Asia.
- CEO Raditya Maulana Rusdi
- February 2016
About KOIF III
- KDDI Open Innovation Fund III
- General Partner
- Global Brain Corporation
- Fund Size
- 20 Billion JPY
About Global Brain
- Tokyo, Japan
- Yasuhiko Yurimoto
- January, 1998