Daibiru Corporation (President & CEO: Takashi Maruyama; Headquarters: Kita-ku, Osaka) and MOL PLUS Co., Ltd. (CEO: Takuya Sakamoto; Headquarters: Minato-ku, Tokyo) today announced Daibiru’s intent to invest in the MetaProp Venture IV (Note 1) managed by MetaProp (Co-founders: Aaron Block, Zach Aarons, Zak Schwarzman; Headquarters: New York).
Daibiru, a wholly owned subsidiary of Mitsui O.S.K. Lines, Ltd. (MOL), has been collaborating with the Daibiru Desk (Note 2) of MOL PLUS, MOL’s corporate venture capital fund, in its investment activities, and after jointly examining the project, decided to move forward with its investment.
MetaProp is a New York-based venture capital firm founded in 2015 that specializes in real estate technology (PropTech). Since its founding, the firm has invested in more than 175 technology companies involved in the real estate value chain, mostly in the U.S. The newly formed MetaProp Ventures IV targets North America and East Asia for investment, and has invested in Toggle Holdings, Yamori, Asuene, and H2 Corporation in Japan.
Daibiru and MOL Group will work closely with MetaProp and its portfolio companies to upgrade their current real estate activities and create new businesses.
(Note 1) Overview
Website：https://www.metaprop.com/
(Note 2) MOLPLUS press release: “MOL’s CVC MOL PLUS, Daibiru Join Forces ~ MOL Group's CollectiveStrengths ~
Forfurther information, please contact:
MOLPLUS (website: https://en.molplus.net/)
Tel:+81-3-3587-7643/Email: molplus@molgroup.com
DaibiruCorporation (Website: https://www.daibiru.co.jp/english/
Tel: +81-6-6441-1937/E-mail: corporate_planning_section@daibiru.co.jp