IVP Launches New Fund Raised By Web2.0 Celebrities In Japan & China
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On Wednesday, Infinity Venture LLP[J] announced it would launch a new fund targeting investment on mobile start-ups in Japan and Mainland China.
The Fundraisers for this are founders and presidents from tech-startups including DeNA (Mobile SNS) , Mixi[J] (SNS), Opt (web advertising agency) and P&A (investment firm founded by Rakuten’s former CTO), who have made success in their financial aspects such as their companies having been listed on a major stock exchange. Its fund size is approximately USD12.5M as of May, and expected to be USD52.1M by the end of this year.
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[...] in mobile start-up companies in Japan and Mainland China. (Refer to these Asiajin article [1][2] for more details) It’s worth about USD14.6M as of Oct. 16th, and KDDI will have the [...]