CJ Logistics and Mirae Asset Establish 20 Billion KRW Startup Investment Fund

CJ Logistics applied 3D image sensing and artificial intelligence deep learning technology to commercialize the industry's first AI robot depalletizer.

[Asia Economy Reporter Dongwoo Lee] CJ Logistics announced on the 8th that it will create a fund investing in promising domestic and international startups together with Mirae Asset to discover new growth engines and foster a win-win ecosystem.

To this end, CJ Logistics is forming the 'Mirae Asset CJ Logistics New Growth Investment Fund No.1' with a scale of 20 billion KRW, with Mirae Asset and CJ Logistics each contributing 50%.

The fund will be managed by Mirae Asset Capital for a period of seven years, focusing investments on fields such as ICT hardware including logistics, distribution, and robotics, ICT solutions, and digital platforms.

Through this fund formation, CJ Logistics and Mirae Asset have agreed to build a diverse new technology development environment that can quickly respond to changes in industry trends and to lead open innovation between large corporations and SMEs.

In particular, they have been actively promoting research, development, and adoption of technologies aligned with logistics industry trends such as big data, artificial intelligence, digital twins, converged fulfillment, new last mile (the final stage of delivering products to consumers), and eco-friendly initiatives.

A CJ Logistics official stated, “In an era where technological competitiveness is equivalent to logistics competitiveness, we have actively strived for research and development and on-site adoption of advanced technologies. Through open innovation such as collaboration and partnerships with domestic and international startups, we will endeavor to secure future new growth engines and super-gap capabilities.”

This content was produced with the assistance of AI translation services.