Global Brain has invested in UTAITE Co., Ltd. (UTAITE), an entertainment company that develops and operates 2.5-dimensional (2.5D) IP, through its KDDI Open Innovation Fund III (KOIF III). UTAITE is a startup that produces and develops a series of 2.5D IP, highlighting Japan's unique entertainment ecosystem to the world. In the era of empowered individuals, UTAITE aims to create a platform that further promotes individual self-realization by supporting the activities of creators and helping them maximize opportunities to delight their customers. In the future, UTAITE intends to further expand its business by working with singers, fans, and creators to build a new age of entertainment companies, while continuously developing IP as well as promoting collaboration in the fields of games and animation. Global Brain has decided to invest in UTAITE based on its excellent management team, its production team's ability to produce IP, the promising market for 2.5D IP, and UTAITE’s growth potential through collaboration with a wide variety of companies. Through this investment, Global Brain will work with KDDI to provide a variety of support, including business collaboration both domestically and internationally.

About UTAITE

Location: Shinjuku-ku, Tokyo, Japan
Representative: Masashi Kurata
Founded: December 2022
URL: https://utaite.co.jp/
(Available only in Japanese)

About KOIF III

Name: KDDI Open Innovation Fund III
General Partner: Global Brain Corporation
Fund Size: JPY 30 billion

About Global Brain

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

Global Brain has invested in UTAITE Co., Ltd., an entertainment company that develops and operates 2.5-dimensional IP