LINE finished its merger with Yahoo! Japan owner Z Holdings last month, and now the two company’s equity capital arms have actually also combined. Z Holdings revealed today that its subsidiary, YJ Capital, has actually merged with LINE Ventures to form Z Equity capital.
The new company likewise revealed the launch of a 30 billion JPY (about $271 million USD) fund, which it declares makes it one of the largest business venture capital funds in Japan. The fund will search in Japan, as well as global markets like South Korea, the United States, China and Southeast Asia, for investment opportunities, with the goal of developing cooperations in between start-ups and Z Holdings’ commerce, media and fintech services.
In Japan, Z Equity capital will focus on information and AI innovations in sectors like cybersecurity, b2b and health care, investing in all phases of start-ups from seed to late-stage. The firm will take a”sector-agnostic in principal “technique to its worldwide financial investments based on regional market trends, but prepares to focus on consumer internet, fintech, movement and e-commerce companies. In the United States, it will likewise try to find robotics, deep tech and blockchain chances.
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.
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