31VENTURES Global Innovation Fund Ⅱ has invested in New Innovations Inc. (New Innovations), a provider of OMO solutions.
Mitsui Fudosan Co., Ltd., has invested in New Innovations Inc. (New Innovations), a provider of OMO solutions, through its 31VENTURES Global Innovation Fund II (31VENTURES II).
New Innovations is a startup that provides enterprise-quality automation and OMO solutions in a very short period of time by leveraging its technological capabilities and developing hardware and software in-house. New Innovations solves problems in the food and beverage, retail industries, etc. by offering quick services from strategy formulation to PoC using prototypes for mass production. In addition to its AI café robots “root C” placed in the Tokyo metropolitan area and Kinki region, New Innovations has provided Blue Bottle Coffee Japan LLC with an order and pickup locker solution for non-face-to-face cafés and a luxury brand with a smart showcase solution.
Through this financing, New Innovations plans to strengthen sales and development of existing solutions as well as develop new solutions for the food and beverage, retail, and other industries.
Mitsui Fudosan has decided to invest in New Innovations based on the company’s planning, marketing, design, prototype improvement, and mass production capabilities, as well as its proven track record.
About New Innovations
Location: Koto-ku, Tokyo, Japan
Representative: Keito Nakao
Founded: January 2018
URL: https://newinov.com/ (Available only in Japanese)
About 31VENTURES II
Name: 31VENTURES Global Innovation Fund II
General Partner: Global Brain Corporation
Fund Size: JPY 8.5 billion