Exclusive: Japanese VC Global Brain makes final close of sixth fund at $180m

In this photo, Global Brain CEO Yasuhiko Yurimoto (second from left) and partner Kazuhiko Miyama (extreme left) are seen with portfolio company Bizcast’s team. Source: BitStar website

Japanese venture capital firm Global Brain Corporation has made the final close for its sixth fund at around $180 million, a little over the targeted amount the firm had announced late last year, an executive aware of the development said.

The firm, which is set to make a formal announcement later this month, has already started deploying from this fund that is focused on investments in Japan, Silicon Valley, South Korea, Southeast Asia, and Israel, DEALSTREETASIA has learnt. The final amount raised by the Japanese Yen-denominated fund may vary based on the prevailing exchange rate.

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