Japan’s GMO VenturePartners is today announcing the launch of a one billion yen (or about $12 million) venture fund that will see the firm focus on opportunities in the Southeast Asia region. The group is the VC arm of GMO Internet Group (TYO:9449), and its previous investments include China’s Qihoo 360, which the company invested in with its GMO VP Fund I. It notes that investment from existing funds in Japan and China will continue as well. ...Tech In Asia 11/27/2012 [en]
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- Corporate VC of Internet companies like CyberAgent or GREE have been quite active in South East Asia. Recruit is another corporate VC committed. Compared to CVC, not many pure VCs from Japan invest in startups in these countries. It maybe because it is still not so easy for startups in the region to exit, which is risky for financial investor, but for corporate VCs, it can take advantage of the investments for its expansion.
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