The Japan-based internet and e-commerce company's second overseas fund is ten times larger than the Southeast Asia fund it launched last year.
Rakuten Ventures, the corporate venturing fund owned by e-commerce company Rakuten, launched a $100m fund yesterday that will target startups outside its home country of Japan.
The fund follows Rakuten’s $10m Southeast Asia fund, launched in 2013. Rakuten is pursuing a larger international fund to give it more space for growth opportunities in the internet startup ecosystem outside Japan.
The company plans to make early-stage investments in technology startups that can deliver both financial and strategic benefit, and which…
