Skyland Ventures Co., Ltd. Participated in a funding round of 100 million yen for luco, which operates the Sky land Ventures live distribution screen design tool “Scolab”

Skyland Ventures Co., Ltd.
Skyland Ventures Participated in a funding round of 100 million yen for luco, which operates the live distribution screen design tool “Scolab”

Skyland Ventures (Headquarters: Shibuya-ku, Tokyo, Partner/CEO: Yoshihiko Kinoshita, hereinafter SV), a venture capital fund that mainly invests in seed startups, operates “Scolab”, a service that allows you to easily design live distribution on your browser. We are pleased to announce that we have participated in a funding round of 100 million yen for luco Co., Ltd. (Tokyo, CEO: Bunxuan Lu, reading: Luco, hereinafter referred to as luco). In addition to SV, B Dash Ventures, Adways and Angel also participated in this funding round. [Image 1

About luco
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luco is a company that provides a distribution screen design service “Scolab” that runs on a browser.
“Scolab” is a service that allows anyone to easily create live streaming screens that maximize their individuality by combining a wide variety of materials, taking advantage of being able to design on the browser. Elements and materials that could not be displayed in conventional distribution can be updated and expressed in real time, and a specialized store for materials is also built into the service, so anyone can easily change the appearance of the distribution screen. In addition, we plan to implement an experience of “connecting” distribution, such as editing the same screen with each other by constantly receiving data on the distribution screen, and placing gifts sent by viewers to the distributor on the screen. .
Service site: https://www.sucolab.jp/
[Comment on this investment]
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In this round of fundraising, we were able to have people who have deep connections and knowledge in the industry strongly sympathize with our vision and participate. I feel very honored.
First of all, we will provide the functions that current users have come to expect, but at the same time, we will propose new forms of creative communication centered on Scolab, thanks to our investors. It is expected that it will be possible to continue
There are still many unknowns, and it is a long way to go, but we will continue to take on the challenge of building a new economic zone that is close to our “likes” while borrowing the funds that have been entrusted to us and our wisdom.
Mr. Wenxuan Lu, CEO of luco Co., Ltd.
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The business idea for Scollabo, which is operated by LUCO, came out after a discussion with Mr. Azu, who was looking for a business idea in 2021 to aim for a presence like Canva for live streaming. It took a year before the beta release, but the best product team was assembled, and the quality of the product exceeded my expectations, even considering my experience of investing in many startups as a VC. It is also used in other regular online meetings. As the first investor of LUCO, I believe more than anyone else that LUCO will make great strides globally and become a global start-up.
Skyland Ventures General Partner/CEO Yoshihiko Kinoshita
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I still can’t forget the surprise when I used Scolab’s first demo, and the operation on the web browser was immediately reflected on the live streaming screen. I am convinced that everyone at LUCO is a wonderful team with management and engineering capabilities that can continue to create products of such reliable quality. I’m looking forward to the new updates that are coming, and thank you for your continued support! Skyland Ventures Venture Capitalist Kota Murakami
About Skyland Ventures
Skyland Ventures (SV) is a venture capital (VC) fund that mainly invests in seed startups. With the mission of “The Seed Maker. & Unlearning.” So far, we have invested in about 150 companies, mainly startups in Japan. After 2022, we will focus on investing in Web3 (Crypto, NFT, Blockchain) startups.
URL: https://skyland.vc
Twitter: https://twitter.com/skylandvc
YouTube: https://www.youtube.com/channel/UCpQ0_31ALEoIDGkDIBRuwUQ
Press Kit: https://www.notion.so/skylandventures/Skyland-Ventures-Pres-Kit-821339adc9df435c8dbd5ea4ee2426fe Company name: Skyland Ventures Co., Ltd.
Representative: Yoshihiko Kinoshita
Location: Front Building II, 16-13 Sakuragaoka-cho, Shibuya-ku, Tokyo URL: https://skyland.vc/
About luco Inc.
Company name: luco Co., Ltd.
Representative: Wenxuan Lu
Date of establishment: October 2019
Location: 6-23-4 Jingumae, Shibuya-ku, Tokyo Kuwano Building 2F URL: https://www.luco.co.jp

Details about this release:
https://prtimes.jp/main/html/rd/p/000000104.000008324.html


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