#Japan #Innovation #Tokyo #AI Platform #STORIUM

Redefining Stakeholder Collaboration with STORIUM

In an ambitious move to enhance the dynamics of business interactions, STORIUM, operated by Grand Story Inc. in Tokyo, has unveiled a groundbreaking AI platform. This innovation aims to redefine the "encounter process" among various stakeholders, ranging from startups and investors to local governments and academia. This new initiative builds on the foundation of an innovation platform that currently boasts over 875 diverse stakeholders. By addressing information asymmetry among parties, STORIUM has not only facilitated connections but has also supported fundraising and collaborative projects that go beyond mere networking.

About STORIUM's Innovation Platform

Launched in 2021, STORIUM has reached its 5th anniversary, successfully providing startups with over 3,000 meaningful connections. With a consistently high response rate exceeding 70%, the platform has established a reputation for fostering valuable encounters between key players in business. The core of STORIUM’s success lies in its ability to create a psychologically safe communication environment, ensuring that meaningful connections are made beyond just basic introductions.

The Vision for an AI-Driven Platform

Historically, encounters on STORIUM have primarily relied on user-initiated searches, support from catalysts, and offline events. This model, while effective, did not fully capitalize on the potential for connections that neither party may have realized existed. To bridge this gap, STORIUM has been accumulating fresh primary data over the last five years about user companies, capturing information about their services, ambitions for collaboration, and historical interactions. This data will now be analyzed by AI to understand engagement contexts and business phases, allowing for the prediction of valuable relationships that could lead to funding and partnerships.

The AI platform will facilitate encounters without users needing to search actively. Instead, it proposes valuable connections based on prospective funding, collaborations, or mergers and acquisitions that users may not have been aware of yet.

Enhancing Value Through AI

Proactive Connection Suggestions

STORIUM's AI will sift through registered information, public data, and past behavioral data to identify potential partners for users, facilitating encounters that are likely to lead to financial support or collaboration. Rather than matching users based solely on existing criteria, STORIUM's AI will consider stages of business development and future potential into the equation.

Timing is Everything

By detecting changes in the business progress or interest levels of other companies, AI will alert users to optimal moments to engage. This feature ensures that businesses can seize opportunities effectively without missing critical windows for interaction.

Centralized Relationship Management

The STORIUM platform includes a dashboard for tracking interactions and progress with various stakeholders including investors, startups, and academic institutions. This centralized system facilitates a clear view of necessary actions, enabling continuous advancement in collaborative initiatives.

STORIUM has also consistently promoted effective user interactions through innovative hybrid engagement strategies, connecting like-minded stakeholders through advance research on their interests. Programs designed to link businesses with local innovators have resulted in practical meetings and learning opportunities crucial for advancing business initiatives. One noteworthy development is the "SEED NEXT FORCE" program, facilitating one-on-one investor circuits to support regional startups seeking funding.

In the coming years, STORIUM is committed to focusing on entrepreneurial initiatives that yield tangible outcomes for entrepreneurs and innovators.

About Grand Story Inc.

Founded on May 8, 2019, Grand Story Inc. is based in Toranomon, Tokyo. The company operates the new industry creation platform STORIUM and organizes associated events aimed at fostering innovation and addressing societal challenges. To learn more about working with a diverse array of stakeholders to drive new industries, visit their website.

Join the Team

Grand Story Inc. invites ambitious individuals to explore potential job opportunities at their hiring site, especially those eager to make a lasting impact on the next generation of industrial development.