The VC firm's sixth fund has achieved a final close slightly above its $175m target, with limited partners including corporates such as JTB and Sumitomo Forestry.
Japan-based venture capital firm Global Brain has closed its sixth fund at approximately $180m with the backing of several corporates and public-private partnership Cool Japan Fund, DealStreetAsia reported on Friday.
The corporate limited partners include travel services conglomerate JTB, financial services firm Mitsui Sumitomo Banking, wood products supplier Sumitomo Forestry and IT services provider Information Services International-Dentsu.
A range of unnamed university endowments have also backed the fund, which had raised an initial $130m as of December 2016. Its…
