Sho-Zemi Innovation Ventures, which recently expanded into the US, plans to open an office in Southeast Asia as it gets ready to raise a $10m fund.
Sho-Zemi Innovation Ventures, the corporate venturing arm of Japan-based tutoring school network Sho-Zemi, plans to open an office in Singapore and target startups in Southeast Asia, DealStreetAsia reported on Monday.
Sho-Zemi is also preparing to raise its first fund, which it hopes to close at around $10m, and which would be invested over three-to-four years. The unit focuses on education-related startups and invests in seed and series A rounds, providing cash amounts ranging from a few tens of thousands of…
