Japan's KDDI, Global Brain to launch $66m VC fund
KDDI Corporation, a Japanese telecommunications company, has teamed up with Brian Corporation to establish a $66 million fund that will invest in start-ups in the US, Japan and other Asia Pacific regions. The fund, which focuses on the mobile space, is KDDI's first corporate venture capital vehicle.
Global Brain Corporation, a Japanese venture capital firm that focuses on seed- and early-stage businesses, will manage the new fund. KDDI will offer portfolio companies support services and platforms...
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