#Japan #hotel #Shibuya #Bub #MAGMA

MAGMA Secures Seed Funding for Innovative Hospitality

MAGMA, a promising company headquartered in Shibuya, Tokyo, has announced successful funding in its seed round, which will help propel the unique hospitality model it offers. Founded and led by Yuudai Fukunaga, the firm has garnered investment from various stakeholders, including the notable Company BUB. The funding consists of capital contributions and loans to strengthen its operations and service offerings at their flagship facility, MAGMA RESORT Shimobe, located at the beautiful Shimobe Hot Springs in Yamanashi Prefecture.

Focus on Expanding Services

The capital raised will be strategically utilized to enhance the offerings at MAGMA RESORT Shimobe. This includes expanding the range of services available to guests, bolstering operational frameworks, and executing effective marketing strategies. Given the fast-paced, efficiency-driven dynamics of modern hospitality, MAGMA aims to create a warm and engaging retreat experience that stands out in Japan's competitive lodging sector.

The Inspiration Behind MAGMA

Yuudai Fukunaga's journey towards entrepreneurship began during his university days while working at a traditional Japanese restaurant. Immersed in a culture of dedication toward culinary excellence and genuine customer service, he developed a profound admiration for the hard work and passion exhibited by the restaurant's head chef. This experience ignited Fukunaga's dream of creating meaningful experiences, propelling him toward founding MAGMA.

Fukunaga mentioned his time at BUB, where he embraced the vision of creating experiences that inspire customers. It was at BUB that he cultivated a culture of warmth and passion, values he carries forward into MAGMA’s philosophy. In an age where efficiency often reduces personal interactions, Fukunaga and his team strive to deepen the significance of human connection in hospitality.

The Hotel-in-Hotel Model

MAGMA’s innovative hotel-in-hotel model addresses challenges faced by regional large inns and hot spring facilities, particularly concerning occupancy rates. By incorporating distinct experiential hotels within these existing establishments, MAGMA aims to revitalize unused spaces and foster a collaborative environment that enriches guests' lodging experiences while simultaneously utilizing local resources.

Partnership with BUB

Though MAGMA operates as an independent entity, its roots with Company BUB are undeniable. BUB provided vital support in the form of capital investment during MAGMA's inception, showcasing their commitment to fostering entrepreneurial spirit. Fukunaga expressed gratitude for the encouragement and guidance received from BUB, emphasizing that the insights gained during his tenure there serve as the driving force behind MAGMA’s mission.

Investor Commentary

Investor Takahiro Sato expressed his enthusiastic support for MAGMA’s vision, stating, "I see immense potential in the entrepreneurial spirit challenging the hospitality industry from a new angle. I look forward to supporting MAGMA as it expands its unique hotel experiences to society."

Looking Ahead

As a nascent organization in its second year, MAGMA recognizes the room for growth it possesses. Leveraging its flexibility and speed in initiative, it is determined to craft hospitality experiences where the act of staying itself becomes a destination. With an open heart, MAGMA strives for continuous improvement in collaboration with stakeholders and the community.

Company Overview

• - Company Name: MAGMA Inc.
• - Representative: Yuudai Fukunaga
• - Established: March 6, 2024
• - Opening Date: April 1, 2025
• - Location: 1900 Kaminohiraki, Minobu Town, Yamanashi Prefecture
• - Business Activities: Planning and management of the experiential resort MAGMA RESORT
• - Corporate Website: MAGMA Company
• - Facility Website: MAGMA Resort
• - Contact: [email protected]