[Neuro Space Co., Ltd.] A total of 340 million yen in funding to accelerate SleepTech business: Cooperating with MTG, TEPCO, Tokyu Land and other operating companies to develop SleepTech business for corporate and general consumers Acceleration - Japan NEWS
Summary
Promote wellness and health care services in Japan, develop new businesses such as sleep x smart home and fitness, and strengthen branding. (2018) [List of third-party allotment new shares underwriting] MTG Ventures, Inc. (Location: Nagoya, Aichi Prefecture, Representative Director: Akira Fujita, hereinafter MTG Ventures) TEPCO Frontier Partners LLC (Location: Chiyoda, Tokyo, executive officer: Tadashi Tamura, hereinafter TEPCO Frontier Partners) Japan Venture Capital Co., Ltd. (Location: Chiyoda-ku, Tokyo, Representative Director: Susumu Okuhara, hereinafter NVCC) “TFHD Open Innovation Program” (Tokyu Fudosan Holdings Open Innovation Program) managed by Tokyu Fudosan Holdings Co., Ltd. (Location: Minato-ku, Tokyo, President: Keisuke Otsuki, hereinafter referred to as Tokyu Fudosan HD) Joint stock company Euglena SMBC Nikko Riverance Capital (Location: Minato-ku, Tokyo, Representative Business Executive Officer: Takehiko Nagata, the following Realtech Fund) [Business collaboration in cooperation with each underwriting business company] Among the underwriting companies, we will consider and promote collaboration with each operating company based on the following. By evaluating its honest attitude and the growth potential of SleepTech in the future, we will contribute to the realization of a healthy society by linking with the WELLNESS brand developed by MTG Group. It is Neuro Space is expected to be able to jointly develop new value provision in the way of working, living and spending of customers, including new service co-development of sleep x movement. [Comment from Mr. Toshihiko Nagata, President and Representative Director of Realtech Fund] “Sleep” is an activity common to all human beings, and it involves a wide variety of tasks.