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[FUNDING NEWS] Japan-Based Venture Capital firm Vertex Venture Secure $64.24 Million in Inaugural Funding

Vertex Ventures Japan launched its $64.24 million inaugural fund, VVJFI, anchored by Vertex Holdings.

Vertex Ventures Japan launched its $64.24 million inaugural fund, VVJFI, anchored by Vertex Holdings.

On Friday, VVJ announced that VVJFI will invest in top Japanese firms with strong growth potential, robust growth drivers, and experienced management teams, leveraging it’s global venture capital network.

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VVJ was founded to capitalise on early-stage investment prospects in Japan, thanks to government assistance and technological prowess. VVJ fund models after the success of sister funds in China, Israel, Southeast Asia, India, and the US, important innovation hubs.

Individual General Partners run these early-stage funds, which specialise on diverse investment areas in their countries. VVJ will work with its partners and teams as a member of the worldwide venture capital network.

On May 16, 2024, at the University of Tokyo, Vertex Holdings announced that it would work with the university and the UTokyo IPC in startup investment and promote human resource development and research cooperation to develop Japan and Singapore’s startup ecosystems.

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Japan’s innovation and deep tech hub, UTokyo, has spawned numerous great research and startups. It is, a leading venture capital firm, developed many unicorns. VVJ expects the three companies’ collaboration will spur Japan-Singapore innovation ties.

About Vertex Ventures Japan

Venture capital firm Vertex Ventures Japan (VVJ) helps Japanese entrepreneurs grow and create industry leaders and unicorns.

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