CyberAgent Ventures, the corporate venturing unit behind Japan games business CyberAgent Inc., aims to raise $1m each month in crowdfunding for Japan start-ups with the initiation of a YEN45m ($415,000) crowdfunding platform.
CyberAgent Ventures, the corporate venturing unit of the eponymous Japan-based games group, is launching a crowdfunding business subsidiary called CyberAgent Crowd Funding later this summer. The new subsidiary will aim to match student driven venture projects and investors.
To date, Y40m( $415,000) has been earmarked for the fund, which will be invested over the next year with a view to raise $1m each month for its listed projects.
While crowdfunding is still in its infancy in Japan, the number of…
