Japanese VC firm Globis makes first close of latest fund at $321m

Japanese VC firm Globis makes first close of latest fund at $321m

Tamagawa Dori, Tokyo, Japan. Photo: Thomas Schmitz/unsplash

Tokyo-based venture capital firm Globis Capital Partners has announced the first close of its sixth fund at 36 billion yen ($321 million).

Globis Fund VI, which is targeting a final close at 37.5 billion yen ($336 million), secured capital commitments from Sompo Japan Nipponkoa Insurance, Tokio Marine Asset Management, Sumitomo Mitsui Trust Group and Sumitomo Mitsui Banking Corporation and Bank of Yokohama.

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