Nippon Express (NX Group) Invests in Spiral Inc.
August 23, 2024
Nippon Express Holdings, Inc. (NX Group) — via its NX Global Innovation Fund — acquired a minority stake in Spiral Inc., a Tokyo-based developer of indoor autonomous drone flight control systems, on August 23, 2024. The investment is intended to support Spiral’s expansion into Europe (including a planned Vienna subsidiary) and to allow NX Group to integrate Spiral’s technology into its logistics services via its cargo‑partner subsidiary.
- Buyers
- Nippon Express Holdings, Inc. (NX Group), NX Global Innovation Fund
- Targets
- Spiral Inc.
- Industry
- Aerospace & Defense
- Location
- Tokyo, Japan
- Transaction Type
- Growth capital
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