The driver’s education provider has put together a fund of undisclosed size dubbed Minami Incubate to back education, mobility and revitalisation technology startups.
Japan-based driving school chain operator Minami Holdings formed a corporate venture capital subsidiary called Minami Incubate last month, it has announced.
The company did not disclose the amount of capital allocated to the vehicle but said it will target startups at seed-to-later stage, mainly in the education, mobility and regional revitalisation sectors.
Founded in 1962, Minami runs 1,300 Minami Fukuoka Driver’s Schools across Japan with 1.6 million students having completed more than 100 hours of lessons. The schools are also…
