News
Nov 18, 2024
mign Selected for JETRO's Global Growth for AI Program
Automatically translated from the Japanese original.
Media
mign Selected for JETRO's "Global Growth for AI (U.S.)" Program – Pursuing Further Growth in the North American Market
Leveraging large language models to deliver answers optimized for each municipalitymign Inc. (headquartered in Tokyo; CEO: Masahiro Tsushima; hereinafter "mign") has been selected for the "Global Growth for AI (U.S.)" program organized by the Japan External Trade Organization (JETRO). The program is designed to support Japanese AI startups seeking to expand their business in the North American market, and represents a valuable opportunity to accelerate the global rollout of mign's AI solutions for the architecture and civil engineering sectors.
Support for Accelerating Growth in the North American Market
mign develops AI-driven software aimed at boosting productivity and streamlining operations across the construction, civil engineering, and real estate industries. Through this program, mign will receive a wide range of support, including one-on-one mentoring from Blitzscaling Ventures, a prominent North American venture capital firm, and other industry experts, as well as workshops and fundraising assistance. This support is expected to accelerate mign’s business expansion and network-building in the North American market.
Overseas Dispatch Program for Entrepreneurs
https://www.jetro.go.jp/services/j-starx/C211.html
Program Schedule
The program kicks off in September 2024 with online one-on-one mentoring, workshops in Japan, and a demo day. From mid-November through February 2025, selected companies will travel individually to North America to take part in local conferences and events. mign will use this opportunity to bring its AI-powered solutions for the construction and civil engineering sectors to the North American market.
About Blitzscaling Ventures
Blitzscaling Ventures is a venture capital (VC) firm specializing in startup investment, founded in Palo Alto, California, in 2018. The firm takes its name and philosophy from Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies, the book by Chris Yeh and Reid Hoffman that lays out strategies for companies to scale rapidly and establish a competitive advantage in their markets.
Blitzscaling Ventures applies the principles of “blitzscaling”—prioritizing speed over efficiency and capturing valuable markets that account for a large share of the whole—to identify startups with the potential for explosive growth.
The firm’s portfolio spans a wide range of startups, including Gametime, which offers an app for instantly purchasing event tickets, and Multiverse, which opens up new career paths through apprenticeship programs. It also places a strong focus on AI startups, with investments in companies such as CrewAI.
https://www.blitzscalingvc.com/
Comment from Masahiro Tsushima, CEO of mign
“We are deeply honored to have been selected for JETRO’s ‘Global Growth for AI (U.S.)’ program. While digital transformation is advancing in the North American construction and civil engineering sectors, many challenges remain unsolved. Through this program, mign will work alongside local partners and investors to deliver solutions that address the construction industry’s challenges and accelerate our international expansion.”
About mign Inc.
mign Inc. is a startup specializing in AI solutions for the construction, civil engineering, and real estate sectors. Leveraging cutting-edge technology, the company aims to drive digital transformation and support sales and design workflows across the industry. Its core products include stadi, an architectural design support tool powered by generative image AI, and chact, an AI chatbot specializing in construction-related laws and regulations, both of which help streamline operations in the construction industry.
