"Lost and Found Cloud find" Raises Funds from "CCBI," Jointly Funded by Cool Japan Fund Inc. and Major Taiwanese VC CDIB Capital Group
NQ Score
100/100
AI Summary (NQ-processed)
find Inc., provider of "Lost and Found Cloud find," has raised funds through a third-party allotment of shares to CCBI, a cross-border innovation fund jointly established by Cool Japan Fund and Taiwan's CDIB Capital Group. The funding will be used to accelerate find's global expansion, starting with the Taiwanese market, by localizing its product, hiring global talent, and conducting marketing activities.
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Frequently Asked Questions
- Q: What company developed the Lost and Found Cloud find platform and where is it located?
- A: find Inc., headquartered in Minato-ku, Tokyo, developed the Lost and Found Cloud find platform and is led by Representative Director & CEO Akira Takashima.
- Q: Which investment fund provided funding to find Inc. and who are its primary backers?
- A: The CDIB Cross Border Innovation Fund II, LP (CCBI) funded find Inc., jointly backed by Japan's Cool Japan Fund Inc. and Taiwan's CDIB Capital Group through CDIB Capital Innovation Advisors Corporation.
- Q: What is the total expected scale of the CDIB Cross Border Innovation Fund II, LP and what sectors does it target?
- A: The CDIB Cross Border Innovation Fund II, LP has an expected scale of up to $82 million USD and targets growth sectors including AI, digital transformation, lifestyle, and lifestyle-related technologies.
- Q: What is find Inc.'s strategic goal for expanding its Lost and Found Cloud platform internationally?
- A: find Inc. aims to systematize Japan's unique 'culture of lost items returning' through technology and establish it as world-standard infrastructure, starting with expansion in Taiwan.
- Q: Why did find Inc. select Taiwan as a key market for its overseas expansion efforts?
- A: find Inc. selected Taiwan due to its cultural and geographical compatibility with Japan and its existing foundation for recovering lost items, making it ideal for platform introduction.