Asics, Seino Holdings, Mori Trust and Tosho Printing have chipped in to help venture capital fund Spiral Ventures Japan close its fund.

Venture capital firm Spiral Ventures has closed its first Japanese fund at ¥7bn ($64m) after receiving commitments from a range of corporate limited partners.

Spiral Ventures Japan Fund 1’s LPs include Asics Ventures Corporation, the corporate venturing arm of apparel brand Asics, as well as logistics service provider Seino Holdings, property developer Mori Trust and publisher Tosho Printing Company.

The corporates were joined by the Japanese state-mandated Organization for Small & Medium Enterprises and Regional Innovation, an undisclosed Japan-based domestic…