The Innovation Network Corporation of Japan (INCJ) has announced that it will support Japan Venture Research Co. to create a robust venture company database. INCJ aims to foster a venture eco-system by promoting the use of such date base by venture capitalists, strategic and financial investors, entrepreneurs, industry professionals and academics. According to Nikkei, INCJ considers an extensive database on venture companies is essential for the growth of Japanese venture industry and for the promotion of venture investments from home and from overseas. The venture database will have 10,000 companies and their basic information will be made available for free.
In October this year, INCJ made its first investments in venture funds as an LP by committing JPY 10 billion to UTEC (The University of Tokyo Edge Capital) 's 3rd fund. In November, it made JPY 6 billion commitment to medical device incubation fund MedVenture Partners #1 with Mizuho Bank, followed by another JPY 10 billion commitment to ICT-focused Global Brain 5th fund.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment