The theme park operator launched a $27.4m fund to back domains including talent acquisition, children-centred learning and intelligent urban infrastructure.

Japan-based theme park and tourism site operator Oriental Land Company (OLC) has formed a ¥3bn ($27.4m) corporate venturing vehicle dubbed Oriental Land Innovations.

Founded in 1960 by railway operator Keisei Group, OLC runs the Tokyo Disneyland and Tokyo DisneySea theme parks in Japan on behalf of media and entertainment conglomerate Walt Disney Company.

Oriental Land Innovations will combine entrepreneurs’ innovative ideas with the corporate’s resources in a bid to create business opportunities and promote collaborations within the startup ecosystem.

The…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.