KDDI Open Innovation Fund III Invests in DataMesh, a Provider of Digital Twin Solutions For Enterprises

June 14, 2024

KDDI Corporation

KDDI invested in DATAMESH PTE. LTD. (Headquarters: Singapore; CEO: Jie Li; hereinafter "DataMesh"), a provider of digital twin solutions for enterprises, 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.

DataMesh provides digital twin solutions for enterprises in SaaS or PaaS format based on the requirements of each country. Their core product FactVerse includes an industrial metaverse platform and readily usable applications, enabling swift construction of digital twins for real-life facilities, equipments, and processes as well as editing of 2 dimensional and 3-dimensional data without technical backgrounds. Supports compatibility with various AR glasses as well as iPhones, iPads, etc., and facilitates a powerful space computing experience. This makes it effective in flexibly optimizing tasks such as Training, Experience, Monitor & Control, Simulation (TEMS), based on task statuses.
Through this investment, KDDI will support the business expansion of DataMesh in the Japanese, East Asian, and Southeast Asian markets as a highly flexibly operational solution by having companies adopt no-code digital twin through the KDDI Group's support system that includes overseas subsidiaries.

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
Maximize on-site capabilities through digital twin + XR technologies that connect the real world with the digital world - DataMesh (in Japanese only)

(Reference)

• ■Overview of DATAMESH PTE. LTD.

  • (1)

    • Company name

      : DATAMESH PTE. LTD.

  • (2)

    • Headquarters

      : Singapore

  • (3)

    • Founded

      : 2014

  • (4)

    • Business activities

      : Provide digital twin solutions for enterprises

  • (5)

    • CEO

      : Jie Li

  • (6)

    • URL

      : https://datamesh.com/

• ■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 investment amount of 20 billion yen.

• iPhone and iPad are trademarks registered to Apple Inc. in the United States and other countries. The iPhone trademark is used under license from AIPHONE CO., LTD.