MS&AD Ventures increases fund size to USD 400m
MS&AD Insurance Group announced that MS&AD Ventures, the corporate venture fund of MS&AD Group based in Silicon Valley, has increased the fund amount by USD 100m, which brings the total amount under management to USD 400m.
Through effective investment activities by the CVC, the MS&AD Insurance Group will provide new value to stakeholders by quickly adopting innovative business models and technologies, and by working to solve social issues and provide new value to customers, with the aim of achieving sustainable growth and increasing corporate value.
The CVC's investment target are startups that potentially generate financial returns and contribute to MS&AD group’s business expansion. Typically, this would be startups focusing on the early stages in the areas of InsurTech, FinTech, Life & Health, Sustainability, Mobility, AI, and others. MS&AD Ventures has made 112 investments to date.
MS&AD Ventures was established in October 2018 as the first CVC of a Japanese insurance company, and has been investing in startups in a wide range of fields, mainly in the early stages of their establishment, and working to strengthen the profitability of the Group's insurance business, transform the business by entering new markets, and create new businesses through alliances with startups.
Considering MS&AD Ventures’ portfolio companies are growing well and MS&AD Ventures has tons of good opportunities to invest in by expanding their business operation, MS&AD Insurance Group has decided to increase the fund amount.
Through global investment, the group is steadily increasing the number of successful cases that lead to cross-group initiatives and results, such as new product development and the creation of new businesses in collaboration with portfolio startup companies.
MS&AD Insurance Group will accelerate business creation activities in various fields by utilizing the knowledge they have accumulated through their investment activities regarding innovative businesses.
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