Mar 4, 2013

Incubate Fund Establishes 2B Yen Fund To Invest In 100 Startups In 3 Years / Venture Now

Incubate Fund announced its second fund targeting for seed stage startups. The total amount is 2 billion yen.

Investors for the fund include Infocom, Sega, Organization for Small & Medium Enterprises and Regional Innovation, JAPAN, D2C, Nissay Capital, Mixi, Mitsubishi UFJ Capital and others. It aims to invest 100 startups within the next three years.

Incubate Fund runs Incubate Camp, seed acceleration program since 2010 to aim at fostering young entrepreneurs and has invested over 100 startups in the last five years.

Venture Now 3/1/2013 [jp]

  • The first fund of Incubate Fund launched in 2010 was mainly invested by DeNA, but it seems the company does not invest in the second fund. In the early times of the first fund, Incubate Fund invested in gaming startups such as successfully exited Pokelabo or Istopika. However, the VC has gradually expanded the categories of investment area such as crowd sourcing or social media. 

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