KDDI Open Innovation Fund III (KOIF III) logo

KDDI Open Innovation Fund III (KOIF III)

KDDI Open Innovation Fund III (KOIF III) is a corporate venture capital fund established in April 2018 by KDDI together with Global Brain Corporation as fund manager. It invests in startup companies in Japan and other countries across a wide range of fields including AI, IoT, Data Marketing, Fintech, and B2B SaaS, supporting promising startups through KDDI's business and technology expertise.
Distributed

Description

KDDI Open Innovation Fund III (KOIF III) is part of KDDI's Open Innovation Program, a corporate venture capital initiative aimed at business co-creation with startups by leveraging KDDI group resources and fostering business collaborations across a wide range of areas. KOIF III was established in April 2018 with Global Brain Corporation as fund manager, has a management period of twelve years to March 2030 (tentative), and manages a total of thirty (30) billion yen. Its investment targets are startup companies in Japan and other countries, with a focus on AI, DeepTech, Mobility, Robotics, and other areas, building on KDDI's expertise in business and technology including AI, IoT, Data Marketing, Fintech, and B2B SaaS. Portfolio companies funded through KOIF III include 10X, Inc., RLWRLD Inc., MODE, Inc., Bounce, Inc., QunaSys Inc., Groq, Inc., and THINKR inc., serving enterprise, consumer, and DX-focused clients.