The telecommunications company has partnered venture firm Global Brain for a fund that will invest in VC funds targeting 5G-relevant companies.

Japan-based telecommunications firm KDDI has formed a fund-of-funds in partnership with venture capital firm Global Brain that plans to invest ¥20bn ($187m) in the next five years. KDDI Open Innovation Fund 3 (KOIF3) was established to back VC funds whose investments could potentially achieve synergy with KDDI as it prepares for the global rollout of…

The rest of this content is only accessible to Global Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.