KURONEKO Innovation Fund II

Overview

KURONEKO Innovation Fund II is a corporate venture capital fund managed by Global Brain Corporation, established in May 2024 with a total capital of 8 billion JPY. The fund aims to invest in startups with innovative technologies and business models that have the potential to transform logistics and supply chains. It seeks companies that are open to collaboration with the Yamato Group, encompassing various stages from seed to late-stage investments. The geographical focus includes Japan, North America, Europe, and Asia. The fund's investment strategy emphasizes open innovation to accelerate sustainability transformation (SX) and create 'new logistics' and 'new value.' By leveraging the Yamato Group's management resources, capital, and collaborative opportunities, KURONEKO Innovation Fund II supports startups that drive digital transformation in the logistics industry. The fund has made several investments, including in Shinkei Systems Corp., a U.S.-based company developing automated fish processing technology, and Bounce, Inc., a provider of baggage storage services in over 4,000 cities worldwide. Through these investments, KURONEKO Innovation Fund II aims to foster business growth and synergies, contributing to the realization of a sustainable future and a prosperous society. The fund continues to seek innovative partners to collaborate with, leveraging the Yamato Group's expertise and resources to drive industry transformation and create new value.

Investment Focus

• Startups with innovative technologies and business models transforming logistics and supply chains
• Companies open to collaboration with the Yamato Group
• Businesses at seed, early, middle, or late stages
• Startups located in Japan, North America, Europe, or Asia

Portfolio Companies