Japan’s Shinsei Bank has established a corporate venturing fund for internet companies called Femto Growth Capital Investment Fund.
The limited partners in the fund include Organization for Small & Medium Enterprises and Regional Innovation, Japan; Shinsei Bank; Création Capital; and Interlink.
The management of Japan-based bank Shinsei’s Y1.6bn ($10.6m) fund will be managed jointly with internet investment advisory firm Tetsuya Isozaki & Associates.
The fund will look to invest up to Y300m in internet platform businesses and financial services. One of…