Japan's CyberAgent will open an office in Taiwan in June. According to news provider Nikkei, CyberAgent will invest $120m in start-ups operating in China and Taiwan this year.

Japan-based company CyberAgent is to increase its corporate venturing activities in Asia.

In December, CyberAgent partnered up with local games Dena and venture capital firm Japan Asia Investment (China) to invest $12m in social gaming start-ups in Asia.

Now, CyberAgent China will open an office in Taiwan in June. According to news provider Nikkei, CyberAgent will invest $120m in start-ups operating in China and Taiwan this year.