Global Hands-On VC has invested in Paronym Co., Ltd.
*View in browser* *GHOVC*
Press release: March 19, 2024
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Global Hands-On VC has invested in Paronym Co., Ltd.
* Global Hands-On VC Co., Ltd. (hereinafter referred to as “GHOVC”) is the GHOVC Fund I managed by the company.
As a lead investor, the Investment Limited Partnership has invested in Paronym Co., Ltd. (hereinafter “Paronym”), which develops and provides Tig, an interactive video distribution solution used in live e-commerce, etc. I did. Paronym is “Re:design, loved and needed by people all over the world.
With the slogan “Become an IT Company,” we are developing solutions that allow you to access various information present in videos and live streaming just by “touching,” making it possible to provide information in videos in various forms. I’ll make it. *
* From now on, GHOVC will provide not only financial support but also hands-on management support to help Paronym’s superior products and services expand worldwide. *
Global Hands-On Co., Ltd.
VC (Headquarters: Shibuya-ku, Tokyo, Representative Director: Ken Yasunaga, hereinafter “GHOVC”) is Paronym (Headquarters: Chuo-ku, Tokyo, Representative Director: Kobayashi)
Michio) as a lead investor. Paronym’s “Tig” eliminates the need for “video → search”, which eliminates the language barrier caused by search literacy and language dependence, allowing anyone to enjoy “information ⇔ video” equally and intuitively. Furthermore, it is a technology that can be implemented in society not only in the fields of entertainment such as e-commerce and music, but also in a wide range of fields such as tourism, education, and the senior market. This makes it possible to deliver a nonverbal and convenient future video experience that far exceeds modern imagination.
GHOVC is a VC founded by a Japanese and serial Silicon Valley entrepreneur with 23 years of VC experience, as well as members with extensive operational experience.We support Paronym’s growth, especially overseas expansion, and support its growth. It will help you accelerate.
Comment from Paronym CEO Michio Kobayashi:
“Meeting everyone at GHOVC was shocking.In order to “create unprecedented new means and value and implement it in society”, organizations and startups have to accept hard things and hard times. From our first meeting, he presented us with an accompaniment system that we had never seen before, including not only the way of thinking and creating services, but also the mental and physical state of the people who support them.Also, we were impressed by the precision and maturity of Tig services. We are confident that we will be the best lead investor to help us realize our potential, which has been highly evaluated and can compete well with big players overseas.”
Comments from GHOVC CEO Ken Yasunaga
“We are very happy to invest in Paronym.Until now, the live e-commerce market has mainly developed as a tool for influencers in China. We hope that it will develop as a tool for introducing products such as apparel and wine, where explanation ability is directly linked to sales.We are living in an era where retailers are more actively utilizing live e-commerce and developing influential marketing. We are confident that our business will continue to grow mainly in Japan and the United States.
“Tig” provided by Paronym provides a live e-commerce customer experience that is dynamic, interactive, and intuitive and allows you to enjoy “information ⇔ video”. Paronym has a proven track record of making the e-commerce experience more enjoyable for consumers and providing more revenue opportunities for e-commerce businesses. Paronym has a great management team. We will continue to support our company in accelerating its growth, including expanding overseas. ”
* Investee information: *
*Paronym Co., Ltd.*
* Address: Chuo-ku, Tokyo*
* Representative Director: Michio Kobayashi*
* Business details: ・Development and provision of new technology in the video market*
* ・Video distribution business*
* ・Video planning and production business, etc.*
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Nowadays, most of the information we gather in our daily lives is through video, and there is a growing need to know more about the information contained in videos. Eliminating the need to look up information in videos will help eliminate language barriers caused by search literacy and language dependence. Through the technological development and service provision of the Tig series, we aim to create a world where everyone can easily and equally access information from videos, and pursue a nonverbal and convenient future viewing experience. *
*Please see the URL below for details. □Service site:*
* https://www.paronym.jp □Live commerce/video-driven marketing communication: https://paronym.jp/media/
□note: https://note.com/Paronym □Twitter: https://twitter.com/TIG_Channel*
Global Hnads-On VC Co., Ltd.
About GHOVC:
・VC founded by a Japanese with 23 years of VC experience and an American who is a serial entrepreneur in Silicon Valley
・Hands-on support for global expansion of “Japanese technology startups” ・Aiming to produce unicorn companies from Japanese companies ・Features hands-on support from members with extensive startup management experience both domestically and internationally
HP: https://www.ghovc.com/
YouTube: https://www.youtube.com/@globalhands-onvcghovc8606
note: https://note.com/ghovc
Ken Yasunaga X account: https://twitter.com/ken_yasunaga
*About details about this release*
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