SPARX Group Co., Ltd. (“SPARX”) has established the Mirai Creation Fund III (“Fund III”). The two seed LPs for the Mirai Creation Fund II (“Fund II”), Toyota Motor Corporation (“Toyota”) and Sumitomo Mitsui Banking Corporation (“SMBC”), are to participate again as initial investors in Fund III. In addition to the five (5) categories of Intelligent Technology (e.g. artificial intelligence), Robotics, Technologies for a Hydrogen-Powered Society, Electrification, and New Materials that Fund II (formed in October 2018) focused on, the Mirai Creation Fund III mandate also will include global companies that provide solutions that promote carbon neutrality.
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