SPARX Group Co., Ltd. has announced the establishment of the Mirai Creation Fund IV, with initial investments from Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd., and Mizuho Bank, Ltd. The new fund, managed by SPARX Asset Management Co., Ltd., aims to consolidate its investment scope into Intelligent Technologies, Robotics, Carbon Neutrality, and a newly added category, Space.
The Mirai Creation Fund IV is set to commence investment management operations in June 2026, backed by approximately JPY15 billion from the five participating companies. SPARX plans to solicit additional investments to achieve a target fund size of JPY100 billion by March 2027.
The fund's basic principles include accelerating innovation by investing in enterprises with future-leading technologies, building a portfolio of promising businesses, and contributing to a sustainable future by fostering new industries and promoting carbon neutrality.
SPARX's decision to incorporate space-related technologies into Fund IV's scope is an extension of its experience with the Space Frontier Fund, which began operations in 2020. This move aims to enhance Fund IV's objectives by targeting promising unlisted venture companies in Japan and internationally.
The Mirai Creation Fund series began in 2015, with each iteration focusing on investing in technologies that contribute to societal advancement and innovation. The inclusion of space technologies in Fund IV reflects SPARX's commitment to broadening its investment horizons and supporting emerging sectors.
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