Thursday, June 15, 2017

500 Startups closes $35M Japan fund with the backing of the Japanese government

 500 Startups has announced the close of its fund for Japan, more than 18 months after it was first unveiled. The effort is backed by the Japanese government, which has chipped in as an LP via its Cool Japan Fund. (Yes, that really is the name of the fund, which is aiming to use about $1 billion in public money over its lifecycle.) Initially U.S.-based 500 Startups targeted a $30 million close,… Read More

by Jon Russell via Endless Supplies .Ca - News

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