The firm, backed by a host of Japanese corporates, has raised almost half of the $59m it has targeted for the second fund - three times the size of its first.
B Dash Ventures, the venture capital firm backed by a host of Japan-based IT corporates, is raising a new $59m fund, VC news source The Bridge reported yesterday.
B Dash’s first $20m fund was formed in September 2011 and limited partners included Docomo Ventures, an investment subsidiary of mobile network operator NTT Docomo, internet company Gree, online marketing firm Septeni, internet service provider Biglobe, and financial services firm Mitsubishi UFJ Capital.
Hiroyuki Watanabe, CEO of B Dash, told The Bridge…
