Mitsubishi UFJ's corporate venturing unit is set to transfer its focus from the domestic Japanese market to the US with its next fund.
Mitsubishi UFJ Capital, the corporate venturing unit of Japan-based financial services company Mistubishi UFJ, has announced its next fund will target US startups, Tech in Asia reported on Thursday.
Mitsubishi UFJ has invested in over 1,000 companies since 2005, of which more tha 290 have gone public, Tech in Asia stated.
Yoshihiko Kawamura, senior vice president and senior assistant to Mitsubishi Group’s chief executive, told Tech in Asia: “We are planning to launch another fund. Not in Japan, but in…
