Nippon Express (NX Group) Invests in Spiral Inc.
September 5, 2024
Nippon Express Holdings, through its NX Global Innovation Fund, acquired a minority stake in Tokyo-based Spiral Inc., a startup that develops the MarkFlex Air autonomous indoor drone flight control system. The investment aims to support Spiral’s overseas expansion (including plans for a Vienna subsidiary), accelerate adoption of indoor drones at logistics and construction sites, and deepen NX Group’s capabilities in logistics and infrastructure inspection solutions.
- Buyers
- NIPPON EXPRESS HOLDINGS, INC., NX Global Innovation Fund (NX Group)
- Targets
- Spiral Inc.
- Industry
- Aerospace & Defense
- Location
- Tokyo, Japan
- Transaction Type
- Growth capital
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