MS&AD Ventures

• Jack Toyama Head of Business Development / Principal
• Shin Enomoto Principal/VP of Business Development & Strategy
• Hiroaki "Paddy" Masuda Company Secretary & Treasurer
• Tetsuji Higuchi Director, Executive Vice President of MS&AD Insurance Group Holdings
• Satoru “Ted” Shiono Director & CFO (Head of Innovation Office of MS&AD Insurance Group Holdings) Our team is made up of people with many years of both investing and operating experience around the world

We are backed by MS&AD Insurance Group Holdings, the 7th largest insurance conglomerate in the world

• Partner at MS&AD’s Corporate Venture Capital Selected in Top 10 at GCV Emerging Leaders Awards 2021
• MS&AD’s Corporate Venture Capital Recognized in GCV Top 100 Powerlist 2020 Our mission is to contribute to the development of a vibrant society and help secure a sound future for the world

Our vision is to be the best partner who helps to create value globally

Great teams A great team is the most important reason a company succeeds

Interesting markets We like companies that are going after big opportunities and we think that great companies can help shape and define markets

Aligned values We build partnerships, so we look for companies who share our values

• We invest in early stage companies (usually Seed to Series B)
• We typically join syndicates, but we may lead from time to time
• We do not have a specific ownership target
• We work very collaboratively with our teams and with other investors
• We especially like companies that have the appetite to go global in the next 3-5 years
• MS&AD Ventures wants to be the best partner to help companies grow and succeed, and we bring all of our resources to help in any way we can