Japan's KDDI, Global Brain launch third VC fund
Japan’s KDDI Corporation and Global Brain have established their third VC fund with a view to investing JPY20 billion ($187 million) over the next five years.
Global Brain will act as GP for KDDI Open Innovation Fund III (KOIF III). This is in keeping with the vehicle’s predecessors KOIF I and KOIF II, which each closed at JPY5 billion in 2012 and 2014, respectively....
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