Digital Garage and Daiwa Securities are the general partners for DG Lab Fund II, which recently achieved a first close on its way to a $188m target.
DG Daiwa Ventures, the venture capital fund formed by internet company Digital Garage and investment bank Daiwa Securities, launched a ¥20bn ($188m) investment fund on Friday.
DG Lab Fund II will target companies across the world that are developing next-generation technologies and will work with DG Lab, the fund’s open innovation research and development unit, on selecting portfolio companies.
The fund’s main areas of interest are blockchain, artificial intelligence, virtual and augmented reality, security and health-based biotechnology. The capital allocation…
