LPs including Sompo Japan Nipponkoa and Tokio Marine have put their weight behind Globis Capital Partners’ sixth fund, which is targeting a $335m final close.
Japan-based venture capital firm Globis Capital Partners yesterday unveiled a ¥36bn ($321m) first close for its sixth fund, with commitments from limited partners including insurance provider Sompo Japan Nipponkoa Insurance.
Tokio Marine Asset Management, the investment management arm of insurance firm Tokio Marine, has also backed the fund, dubbed Globis Fund VI, as has financial holding company Sumitomo Trust through its Japan Vintage Fund 2019.
Financial services firms Sumitomo Mitsui Banking Corporation and Bank of Yokohama are also among the…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
