[Leave a Nest 20th Anniversary Project・Part 13] Raised Two Billion JPY of Funding for the Expansion of the Knowledge-based Platform and Investment in Entrepreneurship
Leave a Nest Co., Ltd. (LVNS, Head Office: Shinjuku-ku, Tokyo; Founder & Group CEO Dr. Yukihiro Maru) has raised a total of 2 billion yen from ten different financial institutions to invest in entrepreneurial projects and to use as working capital.
To realize its vision of “Advancing Science and Technology for Global Happiness”, Leave a Nest has invested heavily in fostering and promoting the next generation of people that want to use their passion for science and technology to solve the many social problems that afflict our planet. To pursue this objective, in the 20 years since the company was founded, Leave a Nest has spread its love for science and technology to over 200,000 children, discovered and trained over 3,000 teams in Japan and other countries through its TECH PLANTER, and invested in over 150 R&D venture companies worldwide through its affiliated subsidiaries.
As it celebrates its 20th anniversary, Leave a Nest is looking at the next two decades to broaden its entrepreneurial Investment portfolio by making full use of its sense of adventure, in order to keep diving into unknown frontiers and face new challenges. To do so, it plans to go over its walls and work on strengthening the grounds that give birth to new businesses, while raising and promoting the next generation of explorers and entrepreneurs. Leave a Nest Group is creating a mechanism to fund any new player that aims to take on new challenges, be it children, researchers, schools, territories, startups, or small to medium-sized enterprises. To that end, the company is planning to invest in many new projects launched to celebrate its 20th anniversary, such as “Leave a Nest University (*1)”, “Leave a Nest Grant (*2)”, and “Entrepreneurship Education (*3)”.
While the impact of the COVID-19 pandemic is gradually easing, there is growing tension about the uncertainty and instability of the global situation, as demonstrated by climate change, the situation in Ukraine, and the inflation caused by currency instability. Leave a Nest has long been striving to maintain the level of liquidity at the highest possible level, but it plans to take it even higher to build a business environment that can proactively tackle new challenges.
The company is using entrepreneurial investment resources and working capital to create and promote new projects across the entire group. To accomplish its objectives, Leave a Nest has raised a total of 2 billion yen from the ten financial institutions listed below.
These funds will be used to further the growth of Leave a Nest Group and promote entrepreneurial efforts that will reach to the next generation, a further step towards the dream of advancing Science and Technology for Global Happiness.
Overview of the Funding
Date: 16 September 2022 to 18 November 2022
Form: Term loan/Commitment line/Overdraft
Amount: 2 billion yen (* Includes unused portion of Committed Line Credit/Overdraft Credit)
Period: 5 years (* Term loans only)
Purpose: Entrepreneurial investments for new projects, Working capital for management stabilization
Lending Institutions (alphabetically):
Bank of Yokohama, Chugoku Bank, Higashi-Nippon Bank, Higo Bank, Hiroshima Bank, Kiraboshi Bank, Ogaki Kyoritsu Bank, Resona Bank, Senshu Ikeda Bank, Sumitomo Mitsui Banking Corporation
(*1) About Leave a Nest University
This project was created in December 2020 to develop Global Bridge Leaders. It is based on a unique curriculum that brings together the expertise of Knowledge Manufacturing that Leave a Nest has practiced over 20 years. As an open-type university that brings together people from different industries, fields, and backgrounds, it aims to provide diversified learning opportunities required by Global Bridge Leaders to create new businesses.
https://univ.lne.st/
(*2) About Leave a Nest Grant
A grant system that aims to boost the activities of researchers around the world and provide multiple opportunities to achieve success. It consists of a scholarship system that provides grants for researchers in various countries and promotes students' diversified learning and career development.
https://grant.lne.st/
(* 3) About Entrepreneurial Education
Together with venture founders in their twenties supported by the Leave a Nest Group, we conducted entrepreneurship education for junior high school and high school students.
This program provides the chance to meet real entrepreneurs for children affected by the lack of environmental development, knowledge, and experience concerning entrepreneurial education in school education. Its purpose is to provide opportunities for new generations to realize their dream and learn what is needed to become new entrepreneurs.
https://lne.st/2022/06/08/20th-entrepreneur/