Beyondge and New Combinator Announce Comprehensive Business Alliance to Maximize CVC Strategic Returns

Background and Purpose of the Alliance Beyondge, an innovation studio focused on startup incubation and large-scale corporate growth hacking, and New Combinator, an independent venture capital firm specializing in CVC operations, have announced a comprehensive business alliance to maximize strategic returns for Corporate Venture Capital (CVC) funds.

Achieving strategic returns in CVC requires the alignment of the corporate parent's capacity to create new businesses and implement AI, the ability to add value to portfolio startups, and the overall operational productivity of the CVC unit. However, as the capabilities required in these diverse areas vary, many CVCs remain stagnant as mere 'investment vehicles.' Through this partnership, the two firms aim to integrate their respective strengths to provide seamless, comprehensive support across these three domains.

Key Areas of Collaboration ### 1. New Business Creation and AI Implementation The partnership will provide support across two main axes: new business creation and AI implementation. For new business creation, Beyondge will offer its proprietary 'M&Axion' program, designed to scale new businesses rapidly through an M&A-first strategy. This includes end-to-end guidance from strategy formulation and target sourcing to due diligence and post-merger integration (PMI). In AI implementation, utilizing the 'Beyond AI Industry Base'—a co-creation organization for industry-specific AI solutions—the companies will develop industry-specific AI agents that combine corporate 'field knowledge' with startup 'technical expertise,' while supporting the internal development of AI and digital talent.

### 2. End-to-End Startup Support The firms will combine New Combinator's VC value-up expertise with the 'co-growth' hands-on approach of 'Beyondge Capital.' This will provide comprehensive support to portfolio startups, including co-creation of AI services, strategic alliances and joint venture support, executive and senior management acquisition, and value-up public relations, all tailored to each startup's growth phase.

### 3. Development of 'DealFlow for CVC' The partnership will co-develop a dedicated BPaaS (Business Process as a Service) platform, 'DealFlow for CVC.' This platform aims to solve the chronic resource shortages and information siloing often caused by frequent HR rotations, enabling CVC managers to focus on true value creation.

Strengths of Each Partner New Combinator, staffed by professionals with years of experience in establishing and operating numerous large-scale CVCs, offers expertise in various scheme configurations. Beyondge provides comprehensive implementation capabilities, spanning startup investment, business creation, M&A support, HR, and AI application, centered around its 'Beyondge Capital' acceleration fund.

Representative comments emphasize a shift from mere 'investment execution' to 'realizing strategic returns,' with a shared vision to evolve Japanese CVCs into engines that implement tangible strategic value.