DNX Ventures announces final close of new Japan funds: Japan Fund IV and Japan Annex Fund III
SAN MATEO, Calif., March 21, 2024 /PRNewswire/ -- DNX Ventures (Japan Representative: Akira Kurabayashi), a venture capital firm based in Silicon Valley and Tokyo, is pleased to announce the final close of $122M for Japan Fund IV and $55M for Japan Annex Fund III, dedicated to follow-on investments. Cumulatively, including the Japan Seed Fund which concluded its funding two years ago, the total capital dedicated to Japan-focused funds stands at approximately 36.5 billion yen (~$263 million USD). This expansion of the Japan fund family empowers DNX Ventures to support startups from their inception through to the late stages. The focus will be on nurturing startups in Japan, with the potential inclusion of select ventures within the broader Asia region.
- "DNX Ventures", a Japan and U.S.-based VC firm, announced the final close of two new Japan funds, raising a total of approximately 36.5 billion yen (U.S. $243M).
- SAN MATEO, Calif., March 21, 2024 /PRNewswire/ -- DNX Ventures (Japan Representative: Akira Kurabayashi), a venture capital firm based in Silicon Valley and Tokyo, is pleased to announce the final close of $122M for Japan Fund IV and $55M for Japan Annex Fund III, dedicated to follow-on investments.
- This expansion of the Japan fund family empowers DNX Ventures to support startups from their inception through to the late stages.
- DNX Ventures announces final close of new Japan funds: Japan Fund IV and Japan Annex Fund III
Additionally, DNX will separately raise and announce a family of new Funds for investment in the U.S. and other regions.