Keisuke Honda’s venture capital secures $158M to back AI startups

Former Japanese soccer star Keisuke Honda has scored another win off the pitch, his venture capital firm, X&KSK Fund, has secured $158 million to invest in tech start-ups specialising in AI and cutting-edge business solutions.

Over 20 investors are supporting Honda’s fund, including prominent Japanese financial institutions like Sumitomo Mitsui Banking Corp, Nomura Holdings, and SBI Holdings. Notably, SBI Holdings and SBI Shinsei Bank have contributed a combined $20.46 million (¥2 billion), making them the fund’s largest stakeholders.

Shohei Yamada, a partner at SBI Investment, highlighted that the goal of this investment is to expand its network of international investors and promote Japanese start-ups. In Japan, where the number of so-called “unicorn” companies—those valued at over $1.61 billion—remains limited, this initiative represents a significant step forward for the local start-up ecosystem.

Keisuke Honda, known for his stellar performances at CSKA Moscow, AC Milan, and three consecutive World Cups, has been expanding his business ventures. Together with American actor Will Smith, he co-founded Dreamers VC. His goal is to create a “decacorn”—a private company valued at over $16.17 billion in Japan.

Honda is aware establishing a decacorn is rare in Japan, however, he is assertive it can be achieved.

“I’m aware that creating a decacorn in Japan is a very difficult challenge, but considering what the Japanese have already achieved, I believe it is possible,” he said via email interview.

The former AC Milan midfielder recognized that his soccer fame opens doors to profitable investment opportunities. He also pointed out that, unlike in the U.S., celebrities in Japan are typically reluctant to openly talk about their investments.

Although the number of start-ups in Japan is on the rise, the country still falls short in producing unicorns. A report from Japan’s Ministry of Economy, Trade, and Industry highlights that fostering start-up growth requires improved access to significant funding.

In 2022, Japanese start-ups raised a record ¥978.2 billion (10.01 billion AUD), but this figure dropped to ¥803.9 billion (8.22 billion AUD) in the following year. Despite the decline, it still represents a fivefold increase compared to 2014.

The X&KSK Fund seeks to back innovative projects and promote cutting-edge technologies. This initiative marks a significant milestone for Keisuke Honda and Japan’s emerging start-up ecosystem, bringing fresh momentum to its expansion.

Keisuke Honda’s involvement in the X&KSK Fund represents a significant shift in how athletes, especially football players, are positioning themselves within the broader business and tech world.

Historically, athletes, particularly in football, have often focused on careers post-retirement that include media ventures, sponsorships, or brand endorsements. However, Honda’s active role in venture capital, particularly in sectors like AI and tech innovation, signals a new wave of athlete entrepreneurs taking a more hands-on approach in shaping the future industries.

This shift is particularly important because football players, given their fame and influence, have the potential to leverage their personal brands to foster meaningful change within industries beyond sports.

Players such as Honda, who have gained global recognition, can access exclusive investment opportunities that might otherwise be difficult to reach for traditional investors.

By actively participating in initiatives like Dreamers VC, Honda is not just a figurehead—he’s an active contributor to the creation of business ecosystems that can have a lasting impact on both the tech industry and Japan’s start-up scene.

Moreover, for footballers, particularly those who achieve global success, such investments can be a smart way to secure long-term financial stability post-retirement, as they can often face a shorter career span.

The increased involvement of athletes in high-level investments allows them to diversify their portfolios and contribute to industries that influence the future of society. This trend is beginning to reshape how sports figures are perceived, from being athletes to being influential business leaders and investors.

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Adelaide United Extends Partnership With Speed Queen

Adelaide United have announced the extension of its partnership with US-born company Speed Queen as the club’s Back-of-Shirt Partner for the A-League Women’s team during the 2025/26 season.

Speed Queen is an American is a laundry machine manufacturer which prides itself on their durable, high-performance residential and commercial products used by Australian around the country.

The renewed partnership will see Speed Queen’s branding displayed on the back-of-shirt of both the home and away Women’s kits throughout the season, continuing both parties’ commitment to elevate the game.

Speed Queen Marketing and Sales Manager, Mark Stathakis stated the company is delighted to continue the partnership with Adelaide United’s A-League Women’s team.

“Supporting women’s football in South Australia aligns perfectly with our brand values of resilience, reliability, and performance. We’re excited to see the team continue to grow and achieve great things this season,” he said via press release.

Adelaide United Chief Executive Officer, Nathan Kosmina also remarked the club was thrilled to continue building on its partnership with a brand that mirrors the team’s commitment to excellence.

“Speed Queen has been a fantastic partner for our A-League Women’s team, and we’re proud to continue this partnership into the new season,” he said via press release.

“Their brand values – performance, quality, and consistency – reflect the very traits we see in our players and our Club.

“It’s an exciting time for women’s football in South Australia, and having the support of partners like Speed Queen helps us continue to grow the game.”

Since 2022 when the partnership first began, Speed Queen’s ongoing support has assisted the A-League Women’s team to excel in their sport, including building momentum withing their fanbase and play.

The partnership has also emboldened the increased awareness and strength of women’s sports in both South Australia and the country as a whole, especially in football.

In a landscape of meaningful investment in women’s sport in football, in all divisions, it is more important than ever companies like Speed Queen continue to support and stand as an example of purpose-driven partnerships with clubs.

Inside the Convention That Could Reshape Football Across Australia

Collaboration as strength: When stakeholders align, the game benefits at every level. Other member federations should take note, be receptive to change, and support policies grounded in the realities of football.

The 2025 Football Queensland Convention was more than just a gathering. It was a statement about what football in Australia can achieve when clubs, businesses, and government come together in one room. It was an opportunity to elevate the debate around the sport’s future and move conversations beyond day-to-day operations. For an industry often focused on immediate results, the convention provided a rare chance to pause, reflect, and plan for long-term growth.

Over two days, coaches, administrators, industry leaders, and players came together to discuss governance, infrastructure, competition, and the use of technology in football. The most important message was clear: football will only grow if stakeholders work together and are willing to rethink the way the game operates at every level. Breakout sessions tailored to different roles ensured that practical challenges and innovative ideas were explored alongside broader strategic discussions.

The convention succeeded because it was inclusive. From grassroots volunteers to professional executives, everyone had a voice. The conversations reflected a cultural shift where decision-making and innovation are shared rather than reserved for a few at the top. It showed that the best solutions come from collective input and that elevating the debate across all levels of football is essential to meaningful progress.

ndustry leaders at Football Queensland 2025 Convention collaborating on the growth and governance of Australian football
Industry leaders at Football Queensland 2025 Convention collaborating on the growth and governance of Australian football

Keynote speaker Joe Schmit set a strong tone about leadership and purpose, encouraging attendees to consider the type of football culture they wanted to create. One of the most memorable contributions came from Jeehoon Kim from the Korean Football Association. He shared insights from the Made in Korea project, which aims to develop a distinctive style of Korean football. Rather than copying foreign systems, Korea is building its own identity, focusing on a technical philosophy described as fast, fearless, and focused. Players are developed through technical partnerships and youth programs that build on the nation’s strengths.

Kim’s message goes beyond player development. He highlighted that even in governance, success comes when hierarchies are removed and people are empowered to work in their areas of expertise. The project shows that a strong system is only effective if the right people are allowed to innovate and take responsibility. Whether in Korea or Queensland, football thrives when expertise is trusted to lead.

Delegates at 2025 Football Queensland Convention exploring ways to elevate Australian football through innovation and partnership
Delegates at 2025 Football Queensland Convention exploring ways to elevate Australian football through innovation and partnership

Football Queensland itself provides another example of this principle in action under CEO Rob Cavallucci. Speaking on the Soccerscene Off the Pitch Podcast, Cavallucci reflected on how the organisation addressed one of its biggest challenges: the lack of support from commercial and government sectors, which had created significant cost pressures for players and clubs.

He explained, “We made a decision five or six years ago when I became CEO and looked at how the game was structured. The main issue was the lack of support from the commercial sector and government. This meant there was always going to be significant cost pressure on the game. So we had to find a way to get on a different path.”

That path involved reforming governance and competition structures, introducing conference-based leagues, pyramid systems, and the FQ Academy pathway. The results have been impressive. Registration fees, which once made up around half of FQ’s revenue, now sit in the low twenties because the organisation has successfully maximised revenue from other sources, including corporate partnerships and government support.

Cavallucci added, “Importantly, we repositioned ourselves to appeal more to the corporate sector and government.” This approach has reduced financial pressure on players and clubs while strengthening the long-term sustainability of the game. It demonstrates how thoughtful governance, paired with strategic partnerships, can transform an entire football ecosystem.

The convention highlighted that collaboration is football’s greatest strength. When clubs, businesses, and government align around a common purpose, the benefits are felt at every level of the game. More than just addressing immediate challenges, it was an opportunity to elevate the debate, explore long-term solutions, and inspire stakeholders to work together for the wider good of the sport.

Soccerscene CEO Stace Ioannidis presenting the Editorial Creed to Football Queensland CEO Rob Cavalucci to elevate the debate in Australian football
Soccerscene CEO Stace Ioannidis presenting the Editorial Creed to Football Queensland CEO Rob Cavalucci to elevate the debate in Australian football

Other member federations would benefit from observing this approach and embracing a willingness to adapt. Receptivity to new ideas promotes stronger alignment with key stakeholders and enables policymakers to develop thoughtful, practical policies that are grounded in the realities of the game. Such a commitment to collaboration and innovation is essential for fostering a sustainable and thriving football ecosystem across Australia.

If this event is any guide, the future of football in Australia will not be defined by divisions or short-term thinking. It will be defined by connection, collaboration, and a collective belief that the best way forward is together. The 2025 Football Queensland Convention has provided a blueprint for how other states and organisations can follow suit and drive the growth of the game in Australia.

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