Investing $5 million in Spiral Ventures, Japan based AOI TYO Holdings has entered into the Asian market.
After its establishment in February 2013, Spiral Ventures Pte. Ltd. mainly invests in startups in the early to growth stage in Southeast Asia in the areas which have high target rates for economic growth. While maintaining strict risk management and compliance, including the acquisition of a Registered Fund Management Company license from the Monetary Authority of Singapore, Spiral Ventures has utilized its global and diverse human capital to conduct various investments in Southeast Asia.
AOI TYO Holdings made this investment as it aligned with one of the growth strategies for its solution business, which is a method to solve the issues clients face utilizing technology, knowledge and resources in all types of content including VR, AR, and MR, as well as collecting and analyzing data, and designing stories that reflect data analysis.
About AOI TYO Holdings
Operating as a holding company, AOI TYO Holdings through its subsidiaries provides advertising, media representation, sales and marketing services. AOI TYO Holdings is based in Japan.
About Spinal Ventures
Formerly known as IMJ Investment Partners Pte., Ltd, Spinal Ventures is the venture capital arm of IMJ Corporation that specializes in seed, early and growth stage investments. Primarily investing in mobile, internet and software companies in Southeast Asia, Japan and the US, Spinal Ventures is based in Singapore with offices in Jakarta, Indonesia and Japan.