Tokio Marine Holdings, Mizuho Bank and JXTG Holdings are among the limited partners that have contributed to the VC firm’s third fund, which has a target size of approximately $277m.

Japan-based venture capital firm DNX Ventures has added corporates including insurance provider Tokio Marine Holdings to the limited partners (LPs) of its third fund, which has a target size of ¥30bn ($277m).

Corporates having signed up to the fund also include financial services firm Mizuho Bank and industrial, mining and petroleum group JXTG Holdings.

They were joined by the Japanese state-mandated Organization for Small & Medium Enterprises and Regional Innovation, which provided ¥4bn ($37m), roughly 15% of the target, making…

Edison Fu

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