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The NX Global Innovation Fund, Nippon Express Holdings' corporate venture capital arm, invests in technologies and models for digital transformation (DX), sustainability, and the NX Group's strategic challenges. It focuses on logistics, robotics, AI, and SaaS, integrating capabilities into parent company operations to enhance offerings.
Nippon Express Holdings, Inc. established the fund with SBI Investment Co., Ltd. as General Partner. This initiative stems from the parent company's insight: a "startup spirit" via external collaboration is vital for growth. The fund combines NX Group's industry experience with new ideas, fostering ventures, and enhancing global presence.
The fund supports startups globally, providing capital and guidance. In return, NX Group leverages partnerships to develop novel businesses and improve services. The NX Global Innovation Fund’s vision is to generate fresh value through co-creation, evolving NX Group’s capabilities and securing its role as a leading global logistics innovator.
NX Global Innovation Fund has 1 tracked investment across 1 company. The latest tracked deal is $11.0M Series B in Wiz Freight in January 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 1, 2024 | Wiz Freight | $11.0M Series B | SBI Investment | Addition, Axilor Ventures, B Capital Group, BoxGroup, Electric Capital, First Round Capital, LGF, Hans Tung, Robin LI, Primary Venture Partners, Shield Capital, Sommet AB, Tiger Global Management, TWO Sigma Ventures, Ilya Golubovich, Louis Beryl, Mark Goines, Sahin Boydas, TIM Griffin, Arali Ventures, Unikon Shipping Ventures |