mitsubishi
Japan’s Marunouchi launches $1bn climate tech fund
Japan-based Marunouchi Innovation Partners (MIP), a private equity manager controlled by Mitsubishi Corporation, has hit a first close of USD 400m on a climate tech fund. The overall target is USD 1bn.
Japan enterprise blockchain supplier LayerX raises $40m
Japan’s LayerX, an enterprise technology supplier that incorporates blockchain into functions such as expense management, has raised JPY 5.5bn (USD 40m) from a mostly local VC syndicate.
Japan's Astroscale raises $76m Series G
Japan’s Astroscale, a start-up specialising in on-orbit space debris removal, has raised USD 76m in Series G funding featuring Mitsubishi Corporation.
Mitsubishi UFJ launches $100m Indonesia fund
MUFG Innovation Partners, a VC arm of Mitsubishi UFJ Financial Group, has launched its third fund alongside Bank Danamon Indonesia with a corpus of USD 100m. The fund will focus on Indonesia.
Japan digital bank Nudge raises $16m Series A
Japanese digital bank Nudge has completed a USD 16m Series A round led by One Capital, a VC firm led by the former head of Salesforce Ventures Japan.
Global Brain, Mitsubishi launch $44m VC fund
Japan’s Global Brain and Mitsubishi Electric Corporation have established a corporate VC fund that aims to invest JPY 5bn (USD 43.7m) globally over the next 10 years. Global Brain will act as manager.
Japan’s Coral Capital raises $127m for latest VC fund
Japan’s Coral Capital has confirmed a first and final close of JPY14 billion ($127.4 million) for its third venture capital fund. The vehicle is more than twice the size of its predecessor.
Singapore auto marketplace Carro raises $110m
Singapore used car marketplace Carro has raised S$150 million ($110 million) in debt and equity, including an unspecified equity contribution from Japan’s MS&AD Insurance and Mitsubishi Corp.
MUFG launches Singapore venture debt business
Japan’s MUFG Bank has set up a Singapore-based venture debt business alongside Israeli financial technology start-up Liquidity Capital. Its debut fund has been set up with an initial $80 million.
Japanese investors commit $856m to Grab
Singapore-based ride-hailing and online-to-offline (O2O) services platform Grab has raised $856 million from Japan’s Mitsubishi UFJ Financial Group (MUFG) and TIS Intec Group.
Japan investors back US token player Securitize
Japanese investors are supporting efforts to bring token-based economic infrastructure to Japan with participation in a $14 million round for US-based digital securities technology player Securitize.
Burda leads $40m Series B for Singapore's Hmlet
Germany’s Hubert Burda Media has led a $40 million Series B round for Singapore-based co-living operator Hmlet.
AIGF backs Philippines co-working player
ASEAN Industrial Growth Fund (AIGF), a vehicle jointly managed by Malaysia’s CIMB Group and Japan’s Mitsubishi Corporation, has made an investment of undisclosed size in Philippines co-working space provider KMC.
Alliance backs China EV player PowerShare
Alliance Ventures, a VC firm created by Renault, Nissan Motor and Mitsubishi Motors, has confirmed an investment of undisclosed size in Chinese electric vehicle (EV) technology supplier PowerShare.
INCJ leads $50m round for Singapore's Astroscale
Innovation Network Corporation of Japan (INCJ) has led a $50 million Series D round for Astroscale, a Singaporean space technology company focused on orbital debris removal.
Alliance Ventures backs China's WeRide
Alliance Ventures, an automotive-focused venture capital unit set up by Renault, Nissan Motor and Mitsubishi Motors, has invested in Chinese autonomous vehicle technology company WeRide.
The Chatterjee Group buys Mitsubishi India unit for $48m
US-based private equity firm The Chatterjee Group has agreed to pay about $48 million for a 90% stake in an Indian unit of Mitsubishi Chemical Corporation (MCC).
MC-Seamax closes maiden shipping fund at $300m
MC-Seamax Managagement, the US-based GP backed by Japanese conglomerate Mitsubishi, has reached a $300 million close on its maiden fund intended to take advantage of depressed prices in the global shipping industry.
Marunouchi exits Japan supermarket chain to Lawson for $501m
Marunouchi Capital - the private equity arm of Mitsubishi Corp - has exited Japanese high-end supermarket chain Seijo Ishii to convenience store operator Lawson for JPY55 billion ($501 million) including debt.
JBIC, Mitsubishi take stake in Middle East water company
The Japan Bank for International Cooperation (JBIC) has joined Mitsubishi Corp. and Mitsubishi Heavy Industries in acquiring a stake in Middle Eastern water treatment firm Metito.
Japan's Mitsubishi launches energy-focused fund-of-funds
Japan's Mitsubishi Corp. has led the launch of a $300 million US energy-focused private equity fund-of-funds. Energy Opportunity Fund is expected to reach its target by September next year.
Japan, Canada pension fund consortium makes first investment
A consortium of Canada's Ontario Municipal Employees Retirement Scheme (OMERS) and a group of Japanese pension funds led by Mistubishi Corp. has made its first investment in Midland Cogeneration Venture (MCV), a gas power plant in the US. The details...
Mitsubishi unit seeks $750m for shipping PE fund
MC Asset Management Holdings, a unit of Japanese conglomerate Mitsubishi, is seeking to raise a $750 million fund that will take advantage of depressed prices in the shipping industry.