Seveno Capital announced it has launched by making an inaugural investment in its mission to back early and growth-stage ventures that can potentially extend the human health span – which is the period of life during which a person can expect to enjoy good health.
Seveno Capital will draw from a five-year $70 million investment commitment from entrepreneur and Park Hotel Group founder Allen Law. And Allen Law is a Singapore-based entrepreneur and business leader with two decades of experience driving global growth across hospitality, fitness, wellness, and longevity businesses.
Allen Law founded Park Hotel Group in 2004 and transformed it into a leading international operator of luxury hotels. And he is also the co-founder of MOVE [REPEAT] and is an investor and Chairman at REVL Training.
Seveno Capital has also made its inaugural investment in A Cabin Company. The company enables better wellness through more convenient access to nature’s restorative properties and is building a global network of restorative spaces, starting in Japan but designed for the world.
In the Japanese countryside, 9 million homes and plots of land are now vacant. These ‘akiya’ (empty properties) cover an area nearly the size of Taiwan. Many of these spaces are located in the ‘yohaku’ (余白), a Japanese word meaning ‘margin’ or ‘blank space’. This word refers to the quiet border between the structured world and the wild.
A Cabin Company is building something new in these forgotten edges, which are small and beautifully designed cabins tucked into rural land just outside the reach of the city that will support better human health and wellness, while commanding hotel-level pricing. And each cabin is plug-and-play, allowing A Cabin Company to go from land lease to revenue generation in three months, a fraction of the time and capital of typical hospitality projects.
A Cabin Company will open the first location in Chiba, 25 miles East of central Tokyo, and has plans to launch 380 cabins across the Greater Tokyo and Osaka regions by 2029. And A Cabin Company will also expand into Seoul, New York and parts of Europe.
