Japan's Marubeni, SMBC are latest to back Vertex Ventures's $730m fund

Japan's Marubeni, SMBC are latest to back Vertex Ventures's $730m fund

Vertex Ventures. Photographer: Sam Kang Li/Bloomberg

Japan’s Sumitomo Mitsui Banking Corp. and trading house Marubeni are investing a total of $70 million in a new fund linked to state-owned Singaporean investment group Temasek Holdings, aiming to nurture Asian technology startups.

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