February 28, 2023

KDDI Corporation

KDDI invested in NOT A HOTEL Inc. (Headquarters: Shibuya-ku, Tokyo; CEO: Shinji Hamauzu; hereinafter: "NOT A HOTEL"), a Proptech startup that offers a new way to own a home, through KDDI Open Innovation Fund III (operated by Global Brain Corporation; hereinafter "KOIF III"), which aims to incubate new business co-creations with promising venture startups.

NOT A HOTEL provides a platform that enables customers to own interoperable properties as assets like a home or a second home by purchasing a share in 10-day units. Sales of flagship properties started in September 2021, and sales have exceeded 4 billion yen from the starting year. NOT A HOTEL is developing its business with a constantly innovative approach, such as starting sales of the right to use as NFTs in August 2022. NOT A HOTEL AOSHIMA was completed in November 2022, and NOT A HOTEL NASU in December of the same year, and together started operation.

Through this investment, KDDI supports the business growth of NOT A HOTEL, a developer with a vision of "making the world more exciting." Through collaborative efforts with the KDDI Group, KDDI will assist in increasing and expanding NOT A HOTEL's purchase channels and means, thereby aiming to increase the number of owners.

As "the company that customers feel closest to," KDDI will continue to promote business co-creation through investment in promising startup companies, and create new business models together with customers and partners.

MUGENLABO Magazine
Developing a new way to own a home - NOT A HOTEL (in Japanese only)

(Reference)

• ■Overview of NOT A HOTEL Inc.

  • (1)

    Company name: NOT A HOTEL Inc.

  • (2)

    Headquarters: Shibuya-ku, Tokyo

  • (3)

    Date founded: April 1, 2020

  • (4)

    Business activities: Planning, sales, and management of NOT A HOTEL

  • (5)

    Representative: Shinji Hamauzu

  • (6)

    • URL:

      https://notahotel.com/

  

  <Image of NOT A HOTEL AOSHIMA>

• ■About KDDI Open Innovation Fund

  KDDI Open Innovation Fund is a corporate venture fund that supports a broad range of venture companies. The currently active KDDI Open Innovation Fund III focuses on the areas of AI, IoT, data marketing, fintech, B2B SaaS, and entertainment with a total operating fund of 20 billion yen.