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.

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• ■Overview of THINKR inc.

  • (1)

    • Company name

      : THINKR inc.

  • (2)

    • Headquarters

      : 3-6-16 Aobadai, Meguro-ku, Tokyo

  • (3)

    • Founded

      : 2007
      

      • Company name changed from ANSWR to THINKR in 2016

  • (4)

    • Business activities

      : creator and artist management, planning and production of digital content, XR experience-based facility and metaverse development

  • (5)

    • CEO

      : Kenjiro Harigai

  • (6)

    • URL

      : https://thinkr.jp/?lang=en

• ■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.