Japan's Future Venture Capital expands into US

The firm acquired local professional services provider EnConnect Holdings, which will retain its legal name but will also do business as FVC Americas (FVCA). EnConnect co-founder and President Denichiro Otsuga will remain in his current position, as will co-founder and CEO Hope Hartman.

FVCA will continue to offer its existing services, which include consulting, due diligence, online database management and training programs, to small businesses and entrepreneurs, and will add VC investment capability through FVC. The firm plans to open additional offices both in the US and in other countries in the Americas as its business grows.

"FVCA will help us connect promising venture enterprises in Colorado to large Japanese companies interested in working with and investing in Colorado ventures," FVC's Chief Strategy Officer Yuji Fujinaga said in a statement. "For nearly 20 years we have contributed to the growth and success of ventures in small and medium communities in Japan. We're excited to continue our work in the United States, starting in Colorado."

FVC currently manages 25 funds with more than $200 million in assets under management. It provides early and growth stage capital to companies in a range of sectors, including manufacturing, retail and technology. Its investments include a JPY550 million ($4.4 million) commitment last year to filter technology developer NanoMist Technologies.

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• Topics
• North Asia
• North America
• Venture
• GPs
• Japan
• USA
• Future Venture Capital