Tuesday, April 9, 2024
ANA HOLDINGS INC. will establish a corporate venture capital (CVC) fund, “AH-GB Future Creation Investment Limited Partnership” DBA “ANA Future Frontier Fund L.P.” with Global Brain Corporation, a leading independent venture capital firm based in Tokyo, on April 11, 2024.
The ANA Future Frontier Fund L.P., will support the growth of startup companies and accelerate new
businesses.
The new fund will strengthen non-airline linked businesses to capture new revenue streams,
and invest in promising startups expected to enhance airline profitability and improve the customer
experience.
“Our corporate strategy is focused on three pillars: maximizing airline profits, expanding non-airline revenue and expanding ANA Group’s ecosystem for sustainable growth and today’s announcement
supports expanding the broader startup industry that will benefit society,” President and CEO of ANA
HD, Koji Shibata said.
“We will launch the ANA Future Frontier Fund to partner with innovative startups and instilling our legacy venture spirit, rooted in the company since ANA was founded in 1952 with just two helicopters, coupled with their startup agility to create groundbreaking value.”
ANA HOLDINGS NEWS
ANA Group is expanding its business beyond aviation to next-generation mobility, enriching daily life
offerings and bridging reality with virtual worlds, all in pursuit of its vision: “Uniting the World in Wonder.”
Additionally, ANA Group is expanding its business portfolio to enhance the aviation business and create
synergies with existing ventures.
“Since establishing our “Digital Design Lab” in 2016, we have been working to create new businesses
through open innovation, collaborating with startups and making LP investments in venture capital
firms” said Yoshiaki Tsuda, Executive Vice President, Director of Future Creation of ANA HD.
“Leveraging our past experiences, we are now poised to intensify our proactive startup investments
with the support of our partner Global Brain, and I am excited for the opportunity to collaborate with
startups sharing a vision for the future.”
“We have long been interested in open innovation in the airline business,” said Yasuhiko Yurimoto,
CEO of Global Brain Corporation. “We have seen great potential in partnering with ANA HD which has
focused on expanding its business field as well as strengthening its core business since COVID, and
will fully utilize the assets of both companies to discover and nurture startups that will spread their
wings to the world.”
Tags: ANA HOLDINGS
Wednesday, May 1, 2024
Wednesday, May 1, 2024
