The internet company's latest investment vehicle, CA Startups Internet Fund 3, is sized at $55.5m and will provide funding for Japan-based startups.
Japan-headquartered internet group CyberAgent’s corporate venturing unit, CyberAgent Capital (CAC), has formed a ¥6bn ($55.5m) third Japan-focused vehicle dubbed CA Startups Internet Fund 3.
Formed in 2006 as CyberAgent Ventures, CAC operates in 10 cities across eight countries including Japan, China and South Korea as well as various Southeast Asian markets such as Indonesia and Vietnam.
The latest iteration follows CA Startups Internet Funds 1 and 2, which were equipped with $30.4m and $49.3m of capital respectively, as well as…
