Makes investments in deep tech field, where risk capital is in short supply, including the energy, space, agriculture, medical care, electronics, and new materials sectors across the country. Aims at contributing to the development and cultivation of a deep tech startup ecosystem in local areas through the hands-on support for the social implementation of new technologies and investments in startups that make use of promising technological seeds.
Abies Ventures Fund II Investment Limited Partnership
Date announced
August 22, 2024
Amount investedAmount of commitment
JPY1.5 billion
Fund summary
Identifies investment sectors in the four deep tech areas of 1) robotics/mobility, 2) advanced information processing/communication technology, 3) new materials/environmental technology, and 4) space and invests in seed/early startups. Aims for creating global startups with its strength in supporting the overseas business development of its investees and fundraising from overseas investors.
Invests in acceleration-stage companies in a wide range of technology sectors, including growth-stage fintech, e-commerce, and marketplaces, primarily in India and Southeast Asia.
BEENEXT, the investment manager of this fund, is actively involved in connecting Japanese companies with promising portfolio startups in India and Southeast Asia to increase the value of its investments of its funds and provide LP support.
As fund of funds managed by Transpose established in US and having helped to create numerous unicorns/decacorns, invests in funds managed by Y Combinator (YC), one of the world’s leading accelerators, and aims to leverage its strong relationship with YC and others to help revitalize the Japanese startup market.
Invests in the Asian region with a focus on Japan by leveraging the global network of the Headline Group, a global VC firm that operates fund series in four regions (North America, South America, Europe, and Asia).
Seeking to create unicorns, positions fintech, healthcare, smart infrastructure, and AI as priority investment areas while also investing in deep tech. Promotes open innovation between investee startups and domestic companies.
Aims to create startups originated from Japan that will develop cutting-edge medical devices to be used both in Japan and abroad through the incubation based on the needs of the medical field. Aims to promote open innovation in the medical device-related industry in Japan and contribute to the development of the medical device ecosystem in Japan.
Targets mid- to late-stage startups that are expected to IPO within the next few years, and employs a “direct secondary strategy” in which it acquires existing shareholders’ equity directly through a secondary transaction. Aims to become a platform for startups that have been forced to exit through small IPOs, etc., to raise the growth curve and create unicorns originating from Japan.
Investments mainly in technology in Europe and has contribute to the creation of many unicorns. Aims to consider investments in Japan and contribute to the development of the startup ecosystem in Japan with the record of investing in startups in Japan and startups established by Japanese in Europe.
Investments mainly in technology in Europe and has contribute to the creation of many unicorns. Aims to consider investments in Japan and contribute to the development of the startup ecosystem in Japan with the record of investing in startups in Japan and startups established by Japanese in Europe.
Society
Unicorn
Regional technologies
Business consolidation