INCJ invests $27m in Japan patent fund
Government-backed Innovation Network Corporation of Japan (INCJ) has invested JPY2.75 billion ($27.8 million) in a fund that will buy unused patents and license them to domestic start-ups.
The vehicle, which launched earlier this month, is eventually looking to raise as much as JPY30 billion and will initially focus on patents in the consumer electronics space. INCJ is also injecting...
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