Japan Asia Group, Kobashi Industries, NTT Docomo and SoftBank are among the LPs that have backed the drone-focused investment firm's third vehicle, which has a $95m target.
Corporate limited partners helped Japan-based, drone technology-focused investment firm Drone Fund reach the first close last month of a fund with a ¥10bn ($95m) ceiling, it announced yesterday.
Farm machinery producer Kobashi Industries, engineering consultancy and construction firm Kokusai Kogyo (Japan Asia Group) and telecommunications firms NTT Docomo and SoftBank were among the LPs, as were brokerage SMBC Nikko Securities and startup-focused research firm Leave a Nest.
Formed in May this year, Drone Fund III Investment Limited Partnership is expected…
