Mirai Creation Investment LP (Toyota)

mirai.sparx.co.jp/en/

Foreign Corporate VC

Tech Verticals Preferences

Artificial Intelligence, DevOps, Enterprise Applications, Hardware, Industrial Technologies, Industry 4.0, Robotics, Security, Security Semiconductors, Software Technologies

General Data

Established	2015
Current Active Portfolio Companies:	1

DESCRIPTION

Mirai Creation Fund specializes in investments in startups. The Mirai Creation Fund I began operations in November 2015 with financing of JPY 13.5 billion from three companies: Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation, and SPARX, the Fund's general partner. Ultimately, the fund received contributions from 20 companies, including the above three. Casting intelligent technologies, robotics, and hydrogen-economy technologies as vital to the future, Fund I has invested in approximately 50 companies and projects from the US, the UK, Israel, Singapore, and Japan that possess innovations in these fields. In H2 2018, SPARX began managing the Mirai Creation Fund II, which targets the three existing Mirai Creation fields along with the two additional areas of electrification and new materials. In December 2021, SPARX launched the Mirai Creation Fund III, adding carbon neutrality to the five fields of the Mirai Creation Fund II.

AFFILIATION

Account ID	Affiliation Type	Name	Parent Name	Status
		Toyota Motor Corporation
581EC4E6-ECE8-ED11-B811-00505695CD29	Investment Arm	Woven Capital Management Company LLC (by Toyota)	Toyota Motor Corporation
F300C5DF-655A-E711-80D7-00155D0B832C	Investment Arm	Mirai Creation Investment LP (Toyota)	Toyota Motor Corporation
85DB2A86-0950-E711-80D7-00155D0B832C	Subsidiary	Toyota Ventures LLC	Toyota Motor Corporation

CONTACT INFO

Expand / Collapse All

Main Address: Tokyo, Japan

Address	Shinagawa Season Terrace, 6th Floor, 1-2-70 Konan Minato-ku
City	Tokyo
Country	Japan
Zip	108-0075

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Mr. Masatoshi Fukami	Managing Director
Mr. Takuya Inoue	SVP

	FINANCIAL ROUNDS

Expand / Collapse All

Round

Date

Stage

Amount

Valuation

Investment in Fund

Nov. 04, 2015

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	Bank	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Traditional Industry	abCDe

Investment Data

Capital Remarks

Mirai Creation Funds I, II, and III Summaries The Mirai Creation Fund I began operations in November 2015 with financing of JPY 13.5 billion from three companies: Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation, and SPARX, the Fund’s general partner. Ultimately, the Fund received contributions from 20 companies, including the above three. Casting intelligent technologies, robotics, and hydrogen-economy technologies as vital to the future, Fund I has invested in approximately 50 companies and projects—from the US, the UK, Israel, Singapore, and Japan—that possess innovations in these fields. In H2 2018, SPARX began managing the Mirai Creation Fund II, which targets the three existing Mirai Creation fields along with the two additional areas of electrification and new materials. In October 2021, SPARX launched the Mirai Creation Fund III with SPARX Asset Management Co., Ltd., a subsidiary of SPARX, acting as its fund manager, adding carbon neutrality to the five fields of the Mirai Creation Fund II. As of October 31, 2023, the combined AUM for Funds I, II, and III were JPY 124.6billion.