Japan’s Miyako Capital Launches Third Deep Tech Fund
Miyako Capital, an independent venture capital firm affiliated with Kyoto University, has launched its third deep tech fund with a target of JPY 20bn (USD 140.2m).
The fund, which is called Miyako Kyoto University Innovation No. 3 Investment Limited Partnership, will focus on investing in early-stage deep tech companies in Japan. Deep tech is a broad term that encompasses companies that use cutting-edge technologies to solve complex problems.
Miyako Capital has already raised JPY 2bn from a number of investors, including the Japan Investment Corporation (JIC), a government entity that invests in early-stage companies. JIC is also a limited partner in Miyako’s first two funds.
The third fund will be managed by Miyako Capital’s team of experienced venture capitalists, who have a track record of investing in and supporting successful deep tech companies. The team is led by Managing Director Yasuhiro Yamaguchi, who has over 20 years of experience in the venture capital industry.
Miyako Capital is targeting companies that are developing new technologies in the fields of artificial intelligence, robotics, healthcare, and energy. The fund will also invest in companies that are using deep tech to solve social problems.
The launch of Miyako Capital’s third fund is a sign of the growing interest in deep tech in Japan. The country has a strong track record of innovation in a number of deep tech fields, and the government is committed to supporting the development of deep tech companies.
The third fund is expected to close in early 2024.
Key Takeaways
- Miyako Capital has launched its third deep tech fund with a target of JPY 20bn (USD 140.2m).
- The fund will focus on investing in early-stage deep tech companies in Japan.
- The fund is managed by a team of experienced venture capitalists with a track record of success.
- The fund is targeting companies that are developing new technologies in the fields of artificial intelligence, robotics, healthcare, and energy.
- The launch of the third fund is a sign of the growing interest in deep tech in Japan.
