Sep 14, 2010

Akinai Research Institute's operating "Startup support fund Katana I" invests in 3 startups

Katana fund targets startups within 3 years since establishment and with less than 50 million market cap or utilizing IT for their business. It sets 1 million yen as the first investment for each. After the first round, it makes additional investments of up to 5 million yen each time the startup achieves milestones.

The fund invests in Automatic Trade, automatic trade service of stocks and Nikkei 225 future, Groove-R, community service focusing on used apartment house, and Boarding Pass, book storage service.

CNET 9/13/2010

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