Japan's INCJ invests $102.6m in domestic VC funds
Innovation Network Corporation of Japan (INCJ) has committed up to JPY10.4 billion ($102.6 million) to funds managed by domestic VC firms MedVenture Partners and Universal Materials Incubator.
It will allocate JPY4.4 billion to MedVenture and JPY6 billion to Universal, according to a statement. The aim is to promote a local venture ecosystem to create new businesses that combine the fields of...
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