MOL Group Company Daibiru invest in MetaProp Ventures 4 managed by MetaProp
Daibiru Corporation and MOL PLUS announced Daibiru’s intent to invest in the MetaProp Venture IV managed by MetaProp .
Daibiru, a wholly owned subsidiary of Mitsui O.S.K. Lines,, has been collaborating with the Daibiru Desk 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.
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