May 11, 2010

Public-Private Fund To Invest In Semi-Conductor Start-up

Innovation Network Corp. of Japan (INCJ), a public-private fund, announced that it will invest 2.6 billion yen in Genusion Inc., a Kobe-located fabless flash memory developer. Genusion uses proceeds to develop innovative flash memory technology for customers. It is the second investment for INCJ to support venture companies.

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