JAPAN AIRLINES

PRESS RELEASES

  • January 24, 2019

Establishment of Japan Airlines Innovation Fund

JAL Group today established a Corporate Venture Capital Fund (CVC) firm called Japan Airlines Innovation Fund. The company will look to invest in startup companies around the globe to create new values that are one step ahead of its competitors in the industry, which was a target raised in JAL`s Medium Term Management Plan - 2018.

Through the establishment of the CVC, JAL will proactively act with speed; promote collaboration and co-creation with startup companies featuring state-of-the-art technology. The objectives of the firm are as follows.

  1. Enhance products and services to provide customers with a truly comfortable travel experience with highly personalized services as a Full Service Carrier.
  2. Expand business domains by leveraging JAL’s assets to shorten the distance of people and goods on a global scale and contribute to the betterment of society.
    - Provide a comprehensive air mobility service to achieve seamless transportation methods
    - Provide new means to replace the physical movement of people
    - Provide added value to the travel experience
  3. Strengthening the foundation for creative innovation opportunities for employees to co-create new values with startup companies.

Looking toward 2020 and beyond, JAL will take on the challenge to create new values that are one step ahead of its competitors in the industry and deliver unparalleled service to our customers. Furthermore, the carrier will contribute to the betterment of society by promoting inclusive and sustainable industrialization and fostering innovation.

SDG Image1.pngSDG Image2.png

SDG Image3.png

 

Details of CVC

 

Name of Firm:

Japan Airlines Innovation Fund

(Registered as: Japan Airlines & TransLink Innovation Fund, L.P.)

Investment Amount:

70 million USD/(Approx. 8 billion Yen)

Investment Period:

10 years

Fund Manager:

TransLink MANAGEMENT JAL INNOVATION I, L.L.C.

About TransLink Capital

 

Fund Name:

TransLink Capital, L.L.C.

Year Established:

2006

Office Location: 

United States(Silicon Valley), Beijing, Seoul, Taipei, Tokyo

Description of Business:

Venture Capital Investment

Business Activities:

TransLink Capital focuses on investments in IT-related startup companies and connects each with major companies in Asia, including Japan.

By integrating business development and investment in a variety of fields including FinTech, Telecommunications, Healthcare, VR, IoT, AI, Drone; TransLink Capital has a high track record in uncovering and supporting the growth of startup companies.

 

SHARE
TITLE

Trademarks, brands, copyright and the other intellectual property rights material contained on this website belong to Japan Airlines Co., Ltd. or the applicable owners or third party. The material may be used only for personal use and for non-commercial purposes.