Yamanashi Chuo Bank Joins ICMG Group's 'ICMG Co-Creation Fund II' to Accelerate Co-Creation Innovation Between Regional Companies and Global South Markets

Yamanashi Chuo Bank, represented by President Yoshiaki Furuya (third from right), ICMG Group President Hajime Funabashi (second from right), and ICMG Group Advisor, President of the Yamanashi Prefectural Association, and Director of the UNHCR Association Yoshihiko Shimizu (third from left).

ICMG Group (Headquarters: Marunouchi, Chiyoda-ku, Tokyo; President: Hajime Funabashi) announces that Yamanashi Chuo Bank (President: Yoshiaki Furuya) has joined as a new co-creation partner in the 'ICMG Co-Creation Fund II' invested in and operated by its group company, ICMG Ventures Pte. Ltd.

For over 25 years since its founding, ICMG Group has provided end-to-end support based in six global cities including Tokyo and Singapore, from evaluating 'intellectual capital'—the invisible value of companies—to strategy formulation, leadership development, business investment, and M&A.

The fund was established in Singapore in January 2025 and promotes investment in promising startups in the Global South, primarily India and Southeast Asia, as well as co-creation activities between entrepreneurs and Japanese companies.

Through this investment participation, the group aims to leverage the investment target startups expected to become next-generation unicorns, local networks, customer bases, and business development expertise to promote co-creation activities with regional companies, creating businesses, technologies, and services that generate new added value for local communities. In supporting the overseas business expansion and regional revitalization of Yamanashi Chuo Bank's customers, ICMG Group will provide its accumulated practical wisdom in business co-creation and global network, accompanying them towards sustainable growth.

■ Fund Overview

Fund Name: ICMG Co-Creation Fund II

Establishment/Domicile: January 2025 / Singapore

Total Assets Under Management: 3.2 billion yen

Duration: 12 years

Fund Manager: ICMG Ventures Pte. Ltd.

■ About ICMG Group

ICMG Group is a business co-creation partner that visualizes the invisible value of companies not found on balance sheets—intellectual capital—and delivers tangible results through co-creation with diverse stakeholders. For over 25 years since its founding, based in Tokyo, Singapore, Bangalore, Abu Dhabi, Nairobi, San Francisco, Shanghai, and Stockholm, it has been committed to creating results for Japanese companies through end-to-end co-creation, from visualizing intellectual capital—the source of corporate value—to strategy formulation, execution, leadership development, business investment, venture capital, M&A, UI/UX design, engineering, recruiting, and the establishment and operation of joint ventures.

Furthermore, it has established a joint venture in Singapore with Tokyo Electric Power Company and Chubu Electric Power for investment in renewable energy and next-generation infrastructure, and has signed a partnership with the United Nations Development Programme (UNDP) on SDGs innovation. In venture capital, it co-invests in India with global top VCs such as Sequoia Capital, Google, and Tiger Global Management. In 2023, it launched ICMG Digital, which connects the purpose and vision of Japanese corporate executives with digital power to accelerate social innovation.

The core value of ICMG Group, which has created these diverse values, lies in Intellectual Capital Management, which consistently visualizes the invisible value of companies and organizations, draws a future vision (purpose), and realizes that value creation.

URL: https://www.icmggroup.com