Although the pandemic will represent a damaging shock, Watanabe believes it may eventually be beneficial for Japan's startup space.

Delight Ventures, a Japan-headquartered venture capital fund wholly funded by internet company DeNA, does not yet intend to adjust its investment plans in the face of the Covid-19 virus, US-based managing partner Dai Watanabe told Global Corporate Venturing.

“Given the uncertain market conditions and the fact that our fund does not focus on a particular sector or stage, Delight Ventures is not planning to pivot its investment strategy in the short term,” Watanabe said.

However, although the coronavirus crisis may…

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Edison Fu

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