Sparx Group has established a new investment fund to encourage innovation and support the spread of advanced technologies for future generations, based on a memorandum of understanding signed in July this year with Toyota and Sumitomo Mitsui Banking Corporation.

The Mirai Creation Investment Limited Partnership will target AI, robotics and technologies to encourage hydrogen development.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The fund will invest in enterprises possessing innovative technologies in these fields, as well as related projects.

Sparx will act as the fund's general partner with investment capital from the three operators of around JPY13.5bn.

The fund will look to attract additional capital from like-minded investors by March next year.

Ultimately, it is aiming to attract total investment capital of around JPY50bn.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now