The book publisher and nursing care service group’s Gakken Innovation-Tech Fund plans to invest about $29m over the next five years, targeting edtech and healthtech.
Japan-based educational services and elderly care provider Gakken Holdings has formed an investment initiative dubbed Gakken Innovation-Tech Fund.
Also known as Gakken Capital, the fund will mainly invest in mid and late-stage developers of education and healthcare technologies based in Japan and elsewhere, though it will consider startups at seed and series A if there are synergistic potentials.
The fund plans to make up to ¥3bn ($28.9m) in direct investments by 2025. Gakken has formed an investment committee that includes…