DeNA plans to raise approximately $91m for an investment fund in which it will be the general partner, kickstarting its CVC activities after an 18-month gap.

Japan-based internet company DeNA announced today that it intends to set up an evergreen investment fund that is expected to be sized at about ¥10bn ($91.2m).

The decision was made at a board meeting today. The fund is set to begin operating in the summer, though its name and launch date are still to be determined.

DeNA plans to set up a subsidiary that will function as the general partner for the fund, which will have two or more team…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.