Private Equity
Unbound by form, we continue to challenge ourselves by pioneering new areas with our unique approach to fund formation and strategic investment.
Mirai Creation Fund
Mirai Creation Fund I began operations in November 2015 with SPARX Asset Management serving as General Partner and three initial investors, including Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation, and SPARX Asset Management. The fund ultimately attracted investments from a total of 20 companies, including the three founding investors. With Intelligent Technologies, Robotics, and Hydrogen Economy technologies as its core focus areas, the fund invested in approximately 50 companies and projects with innovative technologies across the United States, the United Kingdom, Israel, Singapore, Japan, and other countries. In 2018, Mirai Creation Fund II was launched, expanding the investment universe to include Electrification and New Materials in addition to the original three focus areas. In October 2021, Mirai Creation Fund III was launched, further expanding the focus to include Carbon Neutrality.
In 2026, building on its investment experience and track record, Mirai Creation Fund IV was launched with a refined investment focus. In addition to Intelligent Technologies, Robotics, and Carbon Neutrality, the fund expanded its investment scope to include Space Technologies, leveraging the expertise and network cultivated through the Space Frontiers Fund.By investing in promising private venture companies in Japan and around the world, the fund aims to foster innovation and contribute to the realization of a sustainable future society.
(Space Frontiers Fund)
Space Frontiers Fund I was launched in June 2020 with total commitments of JPY 9.2 billion, with SPARX Innovation for Future Co., Ltd., a subsidiary of SPARX, serving as the General Partner. The fund was established with the objective of supporting talent and technologies related to space development, fostering globally competitive Japanese space companies, and contributing to technological innovation across Japan. Since April 2024, the fund has been managed by SPARX Asset Management Co., Ltd., a subsidiary of SPARX. In the same month, Space Frontiers Fund II was launched as the successor to Space Frontiers Fund I. Through investments in space-related technologies, the fund invests in promising space startups in Japan and around the world across a broad range of investment areas, including Access, Satellite Infrastructure, Remote Sensing and Connectivity, and Deep Space. Furthermore, in 2026, Mirai Creation Fund IV was launched, expanding its investment focus to include Space-related technologies by leveraging the investment experience and network developed through the Space Frontiers Fund. As one of the fund’s core investment areas, Space-related technologies support the growth of the space industry and the creation of Japanese innovation with global potential.
- With the launch of Mirai Creation Fund 4, the Space Frontier Fund website will be transferred to the Mirai Creation Fund website. We are currently preparing for the transition.
Japan Monozukuri Mirai Fund
In December 2020, SPARX established the Japan Monozukuri Mirai Fund to invest in domestic manufacturers with outstanding technology and human resources.
The Fund invests in domestic manufacturing companies with superior technology, human resources, and services to maintain Japan’s advanced technology and skills and develop its future manufacturing capabilities. The Fund also supports these firms in improving productivity and operations and formulating management strategies. The Fund aims to contribute to society by developing Japanese manufacturing through its portfolio companies’ sustainable growth.
In April 2026, SPARX launched, with subsidiary SPARX Asset Trust & Management as the fund manager, the Japan Monozukuri Mirai Fund 2.
PKSHA SPARX Algorithm Fund 1
In January 2019, SPARX established the PKSHA SPARX Algorithm Fund 1 to drive the popularization and further use of artificial intelligence technologies.
The Fund operates under the joint management of SPARX Investment (Former company name: SPARX AI & Technologies Investment), a SPARX subsidiary, and PKSHA Technology Capital LLC, a PKSHA subsidiary, and pursues an investment strategy meant to realize the basic philosophy of “accelerating society’s adoption of advanced software.”
