KDDI Open Innovation Fund III Invests in THINKR, a Creator of Next-generation Entertainment Based On Virtual Technologies and Music
August 1, 2024
KDDI CORPORATION
KDDI invested in THINKR inc. (Headquarters: Meguro-ku, Tokyo; CEO: Kenjiro Harigai; hereinafter: "THINKR"), a creator of next-generation entertainment based on virtual technologies and music, 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.
THINKR is a dramatic design firm that is changing the social landscape with next-generation entertainment based on the management of virtual artists as represented by KAF and V.W.P as well as the planning and production of XR live content that projects a stunning world view. THINKR offers creator and artist management, and video production in an integrated manner and is building the standard for a "new form of craftsmanship" in the XR, experience-based entertainment, and virtual IP domains.
Through this investment, KDDI will promote the development of Japan's entertainment industry together with THINKR as it evolves into a virtual entertainment company.
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.
(Reference)
-
- ■Overview of THINKR inc.
-
- ■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.
- ■About