31VENTURES Global Innovation Fund II L.P.
Overview
31VENTURES Global Innovation Fund II L.P. is the corporate venture capital arm of Mitsui Fudosan Co., Ltd., a leading global real estate company headquartered in Tokyo. The fund primarily invests in startups that enhance real estate as a service, digital transformation, and smart cities, aiming to create new business opportunities beyond traditional real estate sectors. The fund's investment strategy includes two main components: the Innovation Fund and the Frontier Fund. The Innovation Fund, with a size of ¥15 billion (approximately $98 million), targets middle and later-stage companies in sectors such as automation, construction, entertainment, and technologies addressing labor shortages. The Frontier Fund, sized at ¥5 billion (approximately $32 million), focuses on early-stage, pre-revenue companies in areas like energy, space, and next-generation mobility. Through these investments, 31VENTURES seeks to co-create businesses with its portfolio companies, leveraging Mitsui Fudosan's global assets to drive innovation and contribute to the realization of a decarbonized society by 2050. The fund has made strategic LP investments in various VC funds specializing in decarbonization, including Breakthrough Energy (U.S.), Just Climate (UK), and ONE Innovators (Japan), aiming to gain holistic intelligence on global trends in decarbonization-related technological and business innovation. As of March 2024, 31VENTURES manages corporate venture capital funds totaling ¥43.5 billion and has invested in approximately 60 startups, with about 30% of these investments being overseas. The fund continues to explore new business areas and asset classes beyond its core real estate business, striving to build an enriching world where individuals play their lead roles and demonstrate their creativity.
Investment Focus
- Startups that strengthen real estate as a service
- Startups that improve business processes through digital transformation
- Startups contributing to smart cities development
- Startups in sectors such as energy, space, and next-generation mobility
- Startups with potential for remarkable growth
- Startups with potential synergies with Mitsui Fudosan Group
- Startups with whom Mitsui Fudosan can build a relationship of trust
Portfolio Companies
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Unlock full contacts →Frequently asked questions about 31VENTURES Global Innovation Fund II L.P.
What sectors does 31VENTURES Global Innovation Fund II L.P. invest in?
31VENTURES Global Innovation Fund II L.P. invests in Technology, Healthcare, Energy, Real Estate, Agriculture and Logistics, and is based in Tokyo, Japan. 31VENTURES Global Innovation Fund II L.P. is listed as a corporate vc in the ConnectSafely investor database.
What stage does 31VENTURES Global Innovation Fund II L.P. invest at?
31VENTURES Global Innovation Fund II L.P. backs companies at Early Stage and Growth, writing cheques of 3.2M - 32M.
Which regions does 31VENTURES Global Innovation Fund II L.P. invest in?
31VENTURES Global Innovation Fund II L.P. invests across United States, United Kingdom, Japan, Europe, Asia and Israel.
What companies has 31VENTURES Global Innovation Fund II L.P. invested in?
31VENTURES Global Innovation Fund II L.P.'s portfolio includes Commonwealth Fusion Systems, Hoxton Farms, RLWRLD Inc., Kyoto Fusion Engineering, Laboro.AI, Breakthrough Energy, Just Climate and ONE Innovators.
Last updated · Source: ConnectSafely investor database
