KDDI Open Innovation Fund III Invests in UTAITE Co., Ltd., a Company Engaging in 2.5-Dimensional IP Development and Management

May 17, 2024

KDDI CORPORATION

On May 17, 2024, KDDI invested in UTAITE Co., Ltd. (Headquarters: Nishi-Shinjuku, Shinjuku-ku, Tokyo; President: Masashi Kurata; hereinafter "UTAITE"), a company engaging in the development and management of 2.5-dimensional IPs, through KDDI Open Innovation Fund III (operated by Global Brain Corporation; hereinafter "KOIF III"), which aims to incubate new business co-creations with promising venture startups.

UTAITE consistently produces and releases 2.5-dimensional IPs from Japan's new "entertainment economic zone" out to the world. In this age where individuals are actively involved in economic activities, the company aims to support creators' efforts and help maximize their opportunities to please customers by being a platform that promotes individuals' self-fulfillment.

Through this investment, KDDI combines UTAITE's 2.5-dimensional IPs with KDDI's assets to explore entertainment services aimed at realizing creator economy.

As "the company that customers feel closest to," KDDI will continue to promote business co-creation through investment in promising startup companies, and create new business models together with customers and partners.

MUGENLABO Magazine
KDDI invests in UTAITE! What is 2.5-dimensional IP? (in Japanese only)

(Reference)

• ■Overview of UTAITE

  • (1)

    • Company name

      : UTAITE Co., Ltd.

  • (2)

    • Headquarters

      : Nishi-Shinjuku, Shinjuku-ku, Tokyo

  • (3)

    • Date founded

      : December 2022

  • (4)

    • Business activities

      : 2.5-dimensional IP development and management

  • (5)

    • Representative

      : Masashi Kurata

  • (6)

    • URL

      : https://utaite.co.jp/ (in Japanese only)

• ■About KDDI Open Innovation Fund

  KDDI Open Innovation Fund is a corporate venture fund that supports a broad range of venture companies. The currently active KDDI Open Innovation Fund III focuses on the areas of AI, IoT, data marketing, fintech, B2B SaaS, and entertainment with a total operating fund of 30 billion yen.