お知らせ

Mitsui Fudosan Co., Ltd. (Mitsui Fudosan) has invested in Reiwa Travel, Inc. (Reiwa Travel), a fully digitalized travel agency, through its 31VENTURES Global Innovation Fund II (31VENTURES II).

Reiwa Travel was founded in April 2021 when the pandemic brought the overseas travel market to an almost total standstill, with a mission to leverage the digital technology’s power to update the travel experience, believing in the value of travels in any circumstances and striving to make travels more accessible to everyone.

The company’s product called “NEWT”, an overseas travel booking app that offers an “easier” and “more affordable” travel experience, has grown significantly, with the total reservation circulation setting a record high for eight consecutive quarters since its service launch and the app’s satisfaction rating exceeding 4.6*. With this funding, the company plans to accelerate the enhancement of travel experiences by investing more boldly in technology, including generative AI, and expand its business portfolio to domestic travel business, flight booking functions, and global expansion.
*AppStore rating as of September 4, 2024

Mitsui Fudosan has decided to invest in Reiwa Travel based on the team’s knowledge of the travel industry, robust business execution to date, and future growth potential. Mitsui Fudosan will continue to provide multifaceted support to Reiwa Travel in the creation of “new travel experiences”, which is the company’s goal.

■About Reiwa Travel

・Name: Reiwa Travel, Inc.
・Location: Shibuya-ku, Tokyo, Japan
・Representative: Takaya Shinozuka
・Founded: April 2021    
・URL: https://www.reiwatravel.co.jp/en/home           

■About 31VENTURES II

・Name：  31VENTURES Global Innovation Fund II
・General Partner： Global Brain Corporation
・Limited Partner： Mitsui Fudosan
・Fund Size： JPY 8.5 billion