The internet company's $28.9m vehicle will target digitalisation technology developers focusing on the live entertainment industry.
Japan-headquartered internet company Mixi has closed a ¥3bn ($28.9m) live entertainment digital transformation vehicle dubbed Mixi Entertainment Fund I.
Plans to set up the fund were first announced in August this year. It will concentrate on digitalisation technology covering theatrical production, and sports and music events. Mixi intends to invest up to roughly $96m in this area, including the capital allocated to the fund.
Founded in 1997 as an employment platform called Find Job and later renamed e-Mercury, the…
