May 17, 2024

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

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/

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