Stories of ICMG Group

The Yamanashi Chuo Bank Joins "ICMG Co-Creation Fund II" Managed by ICMG Group —Accelerating Co-Creation Innovation between Regional Companies and the Global South Market—

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ICMG Group (Headquarters: Marunouchi, Chiyoda-ku, Tokyo; CEO: Gen Funahashi) is pleased to announce that The Yamanashi Chuo Bank, Ltd. (President: Yoshiaki Furuya) has joined as a new co-creation partner in the "ICMG Co-Creation Fund II," which is funded and managed by ICMG Ventures Pte. Ltd., a member of the ICMG Group.
For over 25 years since its founding, ICMG Group has operated out of six major cities worldwide, including Tokyo and Singapore, providing end-to-end support ranging from the evaluation of "Intellectual Capital"—the invisible value of a company—to strategy formulation, leadership development, business investment, and M&A.
Established in Singapore in January 2025, this fund invests in promising startups in the Global South, primarily in India and Southeast Asia, and promotes co-creation activities between entrepreneurs and Japanese companies.
Through this strategic investment participation, our group aims to create businesses, technologies, and services that bring new added value to local communities. We will achieve this by advancing co-creation activities with regional companies, leveraging local networks, customer bases, and business development expertise, including those of our portfolio startups expected to become next-generation unicorns. In supporting the overseas business expansion of The Yamanashi Chuo Bank's clients and regional revitalization efforts, ICMG Group will provide its cultivated practical wisdom in business co-creation and global network, working closely alongside them to realize sustainable growth.

■ Fund Overview

  • Fund Name: ICMG Co-Creation Fund II
  • Established / Domicile: January 2025 / Singapore
  • Total Assets Under Management: 3.2 billion JPY
  • Duration: 12 years
  • Management Company: ICMG Ventures Pte. Ltd.
About ICMG Group
ICMG Group is a business co-creation partner for Japanese companies that delivers solid results through co-creation with diverse stakeholders by visualizing the invisible value of a company's intellectual capital that does not appear on the balance sheet.
For more than 25 years since its establishment, the Group has been providing services in Tokyo, Singapore, Bangalore, Abu Dhabi, Nairobi, San Francisco, Shanghai, and Stockholm, including intellectual capital evaluation, which is the source of corporate value, strategy development based on such evaluation, execution, leadership development, business investment, venture capital We are committed to creating results for Japanese companies by co-creating with our clients in a comprehensive manner, including M&A, UI/UX design, engineering, recruiting, and the establishment and management of joint ventures.
We have also established a joint venture in Singapore with Tokyo Electric Power Company and Chubu Electric Power Company to invest in renewable energy and next-generation infrastructure, and have entered into a partnership with the United Nations UNDP on SDG innovation. In venture capital, we have co-invested in India with top global VC firms such as Sequoia Capital, Google, and Tiger Global Management, etc. In 2023, ICMG Digital will accelerate innovation in society by connecting the paths and visions of the management of Japan's largest companies with the power of digital technology. ICMG Digital, which will accelerate innovation in society by connecting the paths and visions of the management of Japan's largest companies with the power of digital technology.
The core value of the ICMG Group, which has created such diverse value, lies in its Intellectual Capital Management, which has always visualized the invisible value of companies and organizations, envisioned their future vision (Purpose), and realized their value creation.

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Imagine. Innovate. Interact. Connect to Co-Create.

Becoming innovation partners to co-create the future