Government-backed Cool Japan invests in 500 Startups fund
Cool Japan Fund, a government-backed venture program for promoting cultural exports, has agreed to invest up to $10 million in a recently launched Japan-focused vehicle managed by 500 Startups.
According to a statement, the LP stake will allow Cool Japan to make seed-level investments, which involve a risk profile and development support requirements beyond the scope of the fund. The investment...
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