NTT DOCOMO Ventures Invests in Mapped: Advancing AI in Smart Buildings

Deal News | Nov 20, 2024 | NTT DOCOMO Ventures Inc

NTT DOCOMO Ventures, Inc. based in Minato-ku, Tokyo and led by President and CEO Jun Yasumoto, has made a strategic investment in the company Mapped, Inc., headquartered in Los Angeles, USA. Mapped is a pioneer in the development of data AI platforms specifically designed for smart buildings. This investment seeks to enhance the efficiency of data collection and management from various IoT devices used in building operations. By supporting over 100 types of IoT device standards, Mapped facilitates the centralization of data, making it a critical player in the transition towards smarter, more efficient commercial buildings. The platform offered by Mapped is already in use by several major corporations globally to improve building operations through insightful data analytics. This collaboration is part of the NTT Group's broader initiative to provide valuable insights and innovations for building operators and their staff, aiming to transform how building data is utilized. This initiative was highlighted as a significant milestone during the NTT DOCOMO VENTURES DAY 2024, where Mapped presented its solutions.

Sectors

  • Technology
  • Real Estate
  • Venture Capital

Geography

  • Japan – NTT DOCOMO Ventures, a key participant in the investment, is headquartered in Minato-ku, Tokyo, Japan.
  • United States – Mapped, Inc., the recipient of the investment, is based in Los Angeles, California, USA.

Industry

  • Technology – This industry is relevant as the article discusses investments in data AI platform technologies specifically designed to streamline operations and management within smart buildings.
  • Real Estate – Mapped's platform is tailored for commercial buildings, making real estate a key sector for the application of its technology.
  • Venture Capital – NTT DOCOMO Ventures, a venture capital firm, is making a strategic investment into a technology company, aligning with the venture capital industry's goal of funding innovative startups.

Financials

  • – The specific financial terms of the investment are not disclosed in the article.

Participants

NameRoleTypeDescription
NTT DOCOMO Ventures, Inc.InvestorCompanyA venture capital firm based in Tokyo, Japan, involved in investing in innovative technology companies.
Mapped, Inc.Target CompanyCompanyA Los Angeles-based company developing a data AI platform for smart buildings.
NTT GroupParent CompanyCompanyThe broader corporate network that NTT DOCOMO Ventures is a part of, with initiatives focused on data analytics for buildings.
Jun YasumotoCEOPersonPresident and CEO of NTT DOCOMO Ventures, Inc.
Shaun CooleyCEOPersonCEO of Mapped, Inc.